The “Future of Work” in West Midtown Atlanta is one step closer to reality now that the ground has been broken on a 14-story office and retail project from two powerhouse developers.
Professionals from Sterling Bay and Asana Partners–along with Stream Realty Partners brokers, city leaders, and other invited guests–celebrated the official start of construction on 1050 Brickworks. The nearly 225,000-square-foot, mixed-use tower at 1050 W. Marietta St. NW will complement Asana Partners’ already established Brickworks development next door. The project is expected to deliver mid-2024.
The Class A speculative office building is Sterling Bay’s first project in Atlanta. The firm is known for its first-class office and mixed-use developments in Chicago’s Fulton Market area. 1050 Brickworks will feature many of the company’s signature high-end touches in more than 210,000 square feet of state-of-the-art creative office space and nearly 14,200 square feet of ground-floor retail. Gilbane will serve as the project’s general contractor.
Stream, a national real estate services, development, and investment firm with a growing office in Atlanta, was awarded the leasing assignment of 1050 Brickworks. Managing Directors Bryan Heller and Peter McGuone, along with Vice President Parker Welton, will serve as leasing agents. The trio was recruited from CBRE in June to form part of Atlanta’s top office leasing practices.
“As Atlanta continues to grow and further solidify its position as the business capital of the Southeast, developments like 1050 Brickworks offer exactly the type of office space needed to attract modern companies to the city,” said Andy Gloor, CEO of Sterling Bay. “Together with Asana Partners and Stream, we look forward to delivering this project to West Midtown, setting the standard for Class A modern office in Atlanta.”
1050 Brickworks boasts a forward-thinking design incorporating more than 22,000 square feet of indoor and outdoor amenities that today’s employees desire. The first floor will offer retail space for restaurants and other shops, while floors two through seven will provide enclosed parking with immediate building access. The eighth floor will have a state-of-the-art fitness center, hospitality-focused tenant lounge with a bar, private library, conference center, and outdoor rooftop terrace with grand views of Midtown and Downtown. A bike room, 24-hour security and concierge presence, on-site property management, and collaborative main lobby spaces are among additional features.
Located in Atlanta’s West Midtown area, 1050 Brickworks makes it convenient for tenants to grab lunch at more than 140 restaurants, shop at over 220 retailers, and host colleagues with three nearby hotels. Commuters will appreciate easy access to the Brady Avenue bike path and Interstates 75 and 85.
“We are thrilled to spearhead the leasing opportunity for these two best-in-class developers and owners,” Heller said. “Atlanta tenants are clearly attracted to assets in a highly walkable and dense urban environment and that offer the latest features in building construction. 1050 Brickworks brings all of that. Sterling Bay and Asana’s conviction to start 1050 Brickworks on spec sends a very powerful signal to the market.”
Stream Atlanta currently leases more than 10.1 million square feet of office space in Atlanta, a 52% increase from 2021. For leasing information at 1050 Brickworks, contact Stream Atlanta at 404.962.8600.