New Luxury Residences Coming to Phipps Plaza
If you’re looking for a new home that offers the best of luxury living and an unmatched intown location, you will soon have a new option in Buckhead. Simon Property Group, owner of Phipps Plaza and Lenox Mall, and Columbus Realty Partners Ltd. have teamed up to develop a 319 mid-rise urban-style luxury residential building at Phipps Plaza.
Named Domain at Phipps Plaza, the development will begin construction in September 2014 with occupancy expected by fall 2015. Columbus and Simon have been planning this unique project for nearly two years.
The residences at Domain at Phipps Plaza will offer studio to two bedroom apartments that feature modern kitchens with upscale appliances, lavish bathrooms and access to a controlled parking garage. In addition, the development will offer residents sought-after amenities, including a yoga court, dog park with wash stations, a rooftop terrace, an outdoor pool and a health club.
This new development will provide residents with unsurpassed access to Buckhead’s upscale dining, entertainment and shopping options thanks to its location adjacent to the Southeast’s top luxury shopping destination.
In addition to the new development, Simon recently announced an interior renovation for Phipps Plaza, which is now underway. As Lauren McNulty, the director of marketing with Simon Malls, discussed on our Atlanta Real Estate Forum Radio show, the renovation will meet changing customer needs and provide a fresh new look for the mall. Improvements will include energy-efficient LED lighting, new interior colors and design schemes, the addition of a customer lounge area with Wi-Fi connectivity and device chargers and much more.