The Mandarin Atlanta will be a new $285 million hotel and condo building planned for Midtown Atlanta. Tivoli Properties is set to build the 53-story building with a Mandarin Oriental Hotel and 71 condos with prices ranging from $1.8 million to $15 million.
Tivoli's CEO and president, says that "now is a great time to be in the planning stage." The Mandarin Atlanta condos are set to begin construction next year and finish in late 2011.
The first 30 buyers to reserve a Mandarin Atlanta condominium will receive $75 a square foot discounts which would work out to six figure discounts because the average condo size is over 2,500 square feet. So far 19 buyers have made reservations. |