JPX Works, Zeller Set to Spring 31-Story Residential Tower on Midtown Atlanta
A joint venture between JPX Works and Zeller has secured full capitalization for the construction of 1405 Spring, a 326-unit, 31-story multi-housing development planned for midtown Atlanta, GA.
Ed Coco, Matt Casey and Kelsey Bawcombe of JLL represented the borrower and arranged the full capital stack for the project with Manulife Investment Management.
The building will replace a vacant, single-level commercial building that most recently served as The John Marshall Law School’s Blackburn Conference Center. The new building will overlook Midtown and Downtown to the south, Atlantic Station to the west, Ansley Park to the east and offer unobstructed views of Buckhead four miles to the north.
The tower on will offer studio, one-, two- and three-bedroom units, as well as luxury penthouses. The building’s 21 residential levels will sit atop a ground-level lobby, obscured eight-level parking garage and a full level of amenities. 1405 Spring is situated at the southeast corner of 18th and Spring Streets in Midtown’s burgeoning northern arts district.
- ◦Development
