from today's Atlanta Journal-Constitution (9/10):
New luxury condo project to get a touch of Ritz-Carlton brand
By Paul Donsky
The Atlanta Journal-Constitution
Wednesday, September 10, 2008
"Residents of a new Buckhead condo project will be pampered with luxury services courtesy of Ritz-Carlton —- everything, it seems, short of a plush robe and mints on the pillow.
The developers of a mixed-use, high-rise being built near Phipps Plaza on Tuesday said that the top half of the building will contain 129 high-end condos with hotel-quality services provided by the upscale Ritz-Carlton hotel chain." ...
"The move rebrands the project’s condo component, which had been known as 3630 Peachtree, as the Ritz-Carlton Residences, Atlanta, Buckhead.
Novare and its partner on the condos, Post Properties, believe the Ritz-Carlton brand will appeal to high-end buyers looking to downsize or purchase a second home in the city. Prices will range from $600,000 to more than $2 million for one of the seven penthouse units on the top two floors of the 34-story building.
Homeowners will pay for the hotel-like services as part of their monthly condo association fee. The fees will range between 60 and 80 cents per square foot, Borders said —- that’s about $600 to $800 for the smallest units and $1,800 to $2,400 for the largest homes, which top out at 3,000 square feet." ...
for the complete story
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