Developers plan to begin construction in the coming days on SkyHouse Raleigh, a gleaming 23-story luxury apartment tower that represents the latest step in downtown Raleigh’s evolution. The $60 million project, first proposed 16 months ago, will mirror other SkyHouse-branded high-rises under construction in Austin, Texas, Orlando, Fla., Houston, Dallas and Atlanta. The tower will be tallest all-residential building in the region, and its units will be aimed squarely at an affluent, younger generation of renters seeking to be just steps from downtown’s increasingly lively bar and restaurant scene.
Batson-Cook Development Company recently sold the building wrapping the West Washington parking garage after fully leasing it. The Atlanta-based firm, a subsidiary of Japan’s Kajima Corporation, started building the project in 2010 and completed it in 2011. It was sold to West Washington Building LLC for $7.7 million.
The Association of General Contractors of Georgia Inc. awarded Batson-Cook Development Company's SkyHouse Midtown First Place in the 2013 Build Georgia Awards, which recognizes exceptional projects throughout the state. The project also earned a Merit Honor in the Sustainable Building Practices Division.
Novare Group and Batson-Cook Development Co. are preparing to break ground on SkyHouse Dallas, the latest apartment development under that brand. When completed in about a year, the property will rise 24 stories on North Lamar St. near Victory Park, and include 336 units. SkyHouse Dallas was designed by Smallwood, Reynolds, Stewart, Stewart.
Batson-Cook Realty LLC has brokered a 74.6-acre land deal in Newnan that could give Cancer Treatment Centers of America an additional 74.6 acres contiguous to its southeastern regional medical campus. In the recently-announced transaction, which closed June 26, Batson-Cook Realty represented seller Newnan Crossing Partnership. Georgia Healthcare Properties LLC was the buyer, the same entity which purchased the initial land on which Cancer Treatment Centers of America built its Southeastern Regional Medical Center near Newnan Crossing Bypass on Parkway North.