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Rooftop at new Georgia Tech apartment building is bananas (atlanta.urbanize.city)

submitted 2 months ago by UrbanizeAtlNewsBot@yall.theatl.social to c/atlantanews@yall.theatl.social

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Rooftop at new Georgia Tech apartment building is bananas Josh Green Fri, 08/16/2024 - 14:16 Before urbanists of Atlanta unleash the pitchforks, let’s acknowledge this project isn’t technically new. But it’s newish (with no previous coverage here—oops), and with Georgia Tech’s fall semester beginning Monday, it’s an opportune time to catch up.

Topped with a suite of rooftop amenities like yesteryear’s dorms never dreamed of, Theory Interlock is a 240-unit (674-bed) mixed-use apartment project that opened last August at 1040 Northside Drive, following 22 months of construction.

What recently caught our eye is the rooftop luxury pool with lounge seating, sweeping skyline views, and what’s described as a “huge Jumbotron screen.” Just off the pool—also with skyline vistas—is a 24-hour gym with Echelon Fit equipment.

The building is situated a block from Georgia Tech (a private shuttle runs residents back and forth), and it counts Five Guys as one in-building retail tenant.

Theory Interlock also made recent headlines regarding its anchor retail space.

How Theory Interlock replaced a parking lot, a used car sales business, and other low-rise buildings where Northside Drive meets Ethel Street. Theory Interlock; courtesy of PeakMade Real Estate

Sweeping views from Buckhead to Midtown (and of the Jumbotron) atop the student housing project.Theory Interlock; courtesy of PeakMade Real Estate

Interlock’s developer, Atlanta-based firm SJC Ventures, confirmed last month that German grocer Lidl will anchor the retail portion of Interlock Tower at Northside, the second phase of a mixed-use district that’s sprouted over the past five years between the Howell Mill Road corridor and Georgia Tech.

Lidl has signed on for 31,000 square feet of street-level space at Theory Interlock’s base, fronting Northside Drive, that was initially slated to become a Publix Super Market. It’ll mark the third ITP location for Lidl, a discount retailer with other stores on Briarcliff Road and on Memorial Drive near Kirkwood.

We inquired with the development team this week for information on how leasing has performed at Theory Interlock and other details, and this story will be updated with any additional info that comes. The property’s website indicates no studio, one, two, or even three-bedroom options are currently available for rent. But a range of four and five-bedroom floorplans are.

The least expensive option is a five-bedroom, five-bathroom floorplan with 1,892 square feet that rents for $1,349 per month (per tenant). All apartments come furnished.

Northwest views from the poolside lounging areas. Theory Interlock; courtesy of PeakMade Real Estate

Theory Interlock; courtesy of PeakMade Real Estate

Beyond the rooftop, the building’s perks are listed as private study pods, a variety of courtyard spaces with grilling stations and games, coworking stations, and conference rooms.

PeakMade Real Estate developed and is operating Theory Interlock. The team also included Dynamik Design (architects), Blue Vista Capital Management (investment manager), and Choate Construction (general contractor).

Find a quick tour of the Theory Interlock property and amenities in the gallery above.

Theory Interlock's 1040 Northside Drive location, between 10th and 14th streets. Google Maps