Landmark Properties and AECOM-Canyon Partners announce 32-story, 835-bed student housing development in Downtown Atlanta near Georgia State UniversityMarch 8, 2021
Located at Luckie Street and Ted Turner Drive, The Metropolitan will be Landmark’s fourth development in the Atlanta area since 2018
ATLANTA, Georgia (March 8, 2021) — Athens-based Landmark Properties, the nation’s top developer of student housing, in partnership with AECOM-Canyon Partners, today announced plans for The Metropolitan at Atlanta, an 835-bed, 265-unit mixed-use development located a quarter of a mile from Georgia State University.
Totaling more than 325,000 square feet, including close to 5,700 square feet of retail space, The Metropolitan will be within close walking distance to Georgia State, the Five Points MARTA station, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena and many popular Downtown tourist, retail and dining establishments.
Construction at The Metropolitan will begin later this month and is scheduled for completion by August 2023.
Landmark has been increasingly active in the Atlanta area over the past few years. In 2018, the vertically integrated developer entered the Atlanta market when it opened The Standard on Spring Street and 3rd Street in Midtown. Last year, Landmark opened The Mark, a 28-story mixed-use development located at Spring and 10th Street. And this fall, the company will finish construction for The Retreat at Kennesaw, a cottage-style community located a half-mile from Kennesaw State University.
AECOM-Canyon Partners, a joint venture partnership between AECOM Capital, the real estate investment arm of global infrastructure firm AECOM, and Canyon Partners, LLC, a global alternative asset management firm, is bringing best-in-class design, construction management, and engineering expertise to the project.
“Since opening The Standard at Atlanta in 2018, we’ve continued to see strong demand for quality living options near the heart of the city and across the Atlanta metro area,” Landmark Properties President and CEO Wes Rogers said. “With The Metropolitan, we’re excited to be partnering with AECOM-Canyon Partners to bring an unsurpassed living experience to residents in Downtown Atlanta and serve students at Georgia State.”
The Metropolitan will offer a variety of floor plan options ranging from one- to five-bedroom units. Community amenities will include a clubhouse, outdoor pool, concierge service, 24-hour fitness center, golf simulator and café study lounge.
Units will feature high-end, quality finishes, such as granite countertops and stainless steel appliances, as well as high-speed internet and cable.
Landmark currently has more than $6.9 billion of assets under management and $2.9 billion in assets currently under construction. Landmark Urban Construction is the general contractor for the project. CNNA Architects and W&A Engineering are also part of the development team.
About Landmark Properties
Ranked as the nation’s most active student housing developer and top student housing contractor, Landmark Properties is a vertically integrated developer and owner-operator with over 980 employees and $6.9 billion of assets under management. Landmark’s current portfolio includes more than 75 student housing properties across the country and over 46,800 beds, including over $2.9 billion in assets currently under construction. For additional information, visit www.landmarkproperties.com.
About AECOM-Canyon Partners
AECOM-Canyon Partners is a joint venture between AECOM Capital, the real estate investment management arm of global infrastructure firm AECOM, and Canyon Partners, LLC, a global alternative asset management firm with over $26 billion in assets under management. AECOM-Canyon Partners was established to develop large-scale, institutional quality commercial real estate projects in top U.S. markets. In addition to capital, AECOM-Canyon Partners provides best-in-class design, construction management and engineering expertise as well as credit support for its development partners. For more information, visit www.aecomcanyon.com.
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