Novare plans 40+ story condo tower

Atlanta Condos

Atlanta's most prolific condominium developer is planning to build one of the city's tallest condo towers at Atlantic Station.

Novare Group Inc. will start construction this summer on a 40- to 50-story condo tower across 17th Street from its newly opened TWELVE Atlantic Station condo/hotel, said Nelson Sexton, senior vice president at R.J. Griffin & Co., the general contractor for those Novare projects.

Novare itself declined to comment on the project, as did Atlantic Station Vice President Brian Leary. Said Leary, "We have nothing signed, nothing agreed to."

But real estate sources who have heard about the deal say the upscale condo, a joint venture with Atlantic Station owner AIG Global Real Estate Investment Corp., will be called The Atlantic.

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