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Now comes Hines, which has proposed a major high rise development in Sandy Springs GA, just outside Atlanta:
700 Northpark: 26 fl office tower
300 Northpark: 50 story office tower
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Hines Seeking Rezoning For Massive Perimeter Development
700 Northpark: 26 fl office tower
300 Northpark: 50 story office tower

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Hines Seeking Rezoning For Massive Perimeter Development

A Houston development firm is planning a massive mixed-use development in Sandy Springs that would be one of the largest new developments in the Central Perimeter area in many years.
Hines, a real estate investment trust, has requested a rezoning of land at Ga. 400 and Abernathy Road to allow construction of what it calls 100 Northpark. The development will include a blend of high-rise office space, as well as retail space, 500 residential units and a 250-room hotel, according to a Development of Regional Impact filing with the Georgia Department of Community Affairs.
The request to rezone 16 acres at a critical intersection in Sandy Springs comes as the office market in the Central Perimeter region has heated up, filling up more vacant space last year than any other regional submarket. That has fueled speculation that high-rise development could soon return to a metro area that in recent years suffered the hangover of a pre-recession building boom and the lack of demand caused by the financial collapse.
The office component in the Hines project — 1.5 million square feet — would be larger in total floor space than Bank of America Plaza or the combined space of more than two Equitable buildings. The filing states that Hines is seeking to build 150,000 square feet of retail.
The project is designed to be “transit-oriented” and it is adjacent to MARTA rail as well as being close to major freeways, said John Heagy, senior vice president for Hines. He added having connections to transit options is part of Hines’ strategy of development.
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