High Street Residential Unveils Details for the Grace Multifamily Tower at Science Square
September 25, 2023
High Street Residential, the residential subsidiary of Trammell Crow Company (TCC), unveiled details about its first residential development in Atlanta, Georgia. The Grace Residences is a collection of 280 apartments located at Science Square, a mixed-use innovation community that is adjacent to the growing campus at Georgia Tech and offers premier commercial lab/R&D and residential real estate. The development topped out construction in August, and preleasing for The Grace will begin in early 2024, with the first resident move-ins slated for late March. The building is on schedule to be completed in May 2024.
“The Grace is a perfect complement to its commercial counterpart, Science Square Labs, delivering a high-quality experience for our residents in an exciting new community in Atlanta that is fostering collaboration and an active lifestyle,” shared Scott Kirchhoff, Senior Vice President with HSR Atlanta. “With its thoughtful design, The Grace aims to provide a high-end living experience to West Atlanta within a dynamic mixed-use community. The residential units within the high-rise and top floor amenity will provide sweeping views of the city to the residents, along with luxury finishes and Class A amenities. We look forward to beginning leasing in early 2024 and welcoming our first residents in the spring.”
Designed by Rule Joy Trammell + Rubio, The Grace is comprised of a 14-story tower and a connected six-story mid-rise building with 280 units; 28 units at the property will be designated as affordable. Available floorplans include a mix of one-, two- and three-bedroom apartments that feature a variety of luxury finishes, some of which include stainless steel appliances, LVT wood-style flooring, Quartz countertops, oversized walk-in closets, built-in desk areas, in-unit washer and dryers, and smart lock entry systems.
Residents of The Grace will have access to a curated collection of wellness-inspired amenities, including a bike room; a club room; an outdoor courtyard with fire pits, grilling areas, and a resort-style pool; a state-of-the-art fitness center; a package room; a co-working space; a pet spa; and an indoor/outdoor sky lounge with views of Midtown and Downtown Atlanta. The building also includes an approximately 2,350-square-foot ground-floor retail space that will be available for lease. Retail leasing for the development is being handled by Adrienne Crawford and Lily Heimburger of SRS Real Estate Partners.
HSR and TCC partnered with Georgia Advanced Technology Ventures, an affiliate of the Georgia Institute of Technology, on Science Square, which saw construction begin in 2022. The first phase of the project includes The Grace and Science Square Labs, a 364,740-square-foot Class A lab/office tower designed by Perkins + Will. The 13-story tower offers up to 35,558 square-foot floor plates designed for state-of-the-art lab and clean-room build-out. Portal Innovations signed on as the building’s first tenant in August 2023, leasing more than 33,000 square feet.
About High Street Residential
High Street Residential, the residential subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. In the last 15 years, the firm has completed over $4 billion with a current pipeline of nearly 3,500 units. For more information, visit www.highstreetresidential.com.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.