Atlanta's "Midtown Mile" is a retail vision similar to Chicago’s Magnificent Mile and New York’s Madison Avenue. It will merge new and existing retail into an authentic and cosmopolitan shopping district, featuring local boutiques, as well as national brands.The retail will total 1 Million Square Feet, spanning 14 blocks along Atlanta's famed Peachtree Street. The Midtown Mile area already features hotels, office towers, and some of the city's premier residential condo towers including 1010 Midtown, Spire, Viewpoint, Metropolis, Peachtree Lofts, 805 Peachtree, Cornerstone Village Lofts, The Reynolds, Hanover House, and more.
Atlanta based Bleakly Advisory Group did a study for the Midtown Alliance, the group facilitating the revitaization, and concluded this development project could potentially generate approximately $477 million in additional annual retail sales for the city of Atlanta. Having a pedestrican friendly shopping district would be an enticing attraction for tourists to the city. The Midtown neighborhoods also offer amenities including Piedmont Park, The Woodruff Arts Center, High Museum, Atlanta Symphony, Fox Theatre, Botanical Gardens, and more.
Daniel Corporation and Selig Enterprise's 12th & Midtown sits positioned as the cornerstone of the Midtown Mile, contributing over 500,000 square feet of retail in its first 4 phases. The Phase One Condos, 1010 Midtown, were completed in November 2008.
