By Raisa Habersham, The Atlanta Journal-Constitution
May 9, 2019
A $125 million high-rise with a rooftop lounge is set to open in downtown Atlanta as early as 2021, the city’s economic development agency announced Thursday.
Ascent Peachtree will sit atop the nine-level 161 Peachtree Center Avenue Garage and include a limited number of affordable housing units, according to the Invest Atlanta news release. Construction on the apartment project began Thursday.
The news release coincided with Atlanta Beltline Inc. announcing it had allocated $11.9 million as part of its affordable housing budget. The agency, which Invest Atlanta oversees, is charged with building 5,600 affordable housing units by 2030.