As of this week, nearly 200 for-sale condos are officially in the construction pipeline at one of the Southeast's premier luxury destinations.
Florida-based Kolter Urban has broken ground on Elyse Buckhead, the company's third high-rise condo venture in the neighborhood. The 20-story tower at 102 W. Paces Ferry Road is nearing $60 million in presales ahead of completion.
Kolter Urban's previous two condo towers along Peachtree Road in Buckhead, the 22-story Graydon and 18-story Dillon Buckhead, were both nearly sold out prior to opening.
Current pricing at Elyse starts at just shy of $1 million for one-bedroom options in about 1,400 square feet, marking the highest entry point of any Kolter Urban project in Atlanta. But the location a block from Buckhead Village is the most walkable to date, and the tower's positioning next to the St. Regis Atlanta hotel is the most prestigious.
The project joins a broader trend of for-sale condo development returning to Atlanta after years of rental-heavy construction. For Buckhead, the tower signals continued confidence in the luxury residential market despite cityhood debates and corporate departures in recent years.
