ATLANTA — PMG and Canadian private equity firm Greybrook have secured a $182 million construction loan for Society Atlanta, a 31-story mixed-use tower underway at 811 Peachtree St. in Midtown Atlanta. JLL arranged the financing through a major US life insurance company and related fund management company. Designed by architectural firm Cooper Carry, Society Atlanta will feature 460 apartments, 82,000 square feet of Class A office space and 15,500 square feet of retail space on the ground floor. Planned amenities include a pool deck with grilling and lounge areas, a large coworking lab with private conference rooms, and a gym with a fitness studio.
Cushman & Wakefield leases office space and Bridger Properties leases retail space. Juneau Construction Co. is the general contractor for Society Atlanta, which began in May 2022 and is expected to be completed in late 2024. PMG has over 8,500 units planned for its Society Living brand in markets including Miami, Fort Lauderdale, Orlando , Nashville , Denver and Brooklyn, with more to be announced soon.