Developer John Wieland plans to launch his One Museum Place condo development across Peachtree Street from the Woodruff Arts Center with a celebratory luncheon next week.
The project will consist of five-story buildings with a total of 45 units, with residences priced from $900,000 to more than $3 million.
Wieland is one of the region’s most prolific residential developers and founder of John Wieland Homes & Neighborhoods. The condo market crumbled during the housing and financial crisis. In the past few years, apartment development has boomed, but few condo projects have gotten off the ground. Though some industry watchers expect that to change as supply has gotten thin.
“Instead of constructing a glass tower, I reserved the property to build the kind of home where I would want to live,” Wieland said in a fact sheet announcing the project.
Wieland and his family are major contributors to the High Museum of Art at Woodruff, and he is also a former chairman of the museum’s board.
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