Published on June 12th, 2015 |6
23-story, 329-apartment Cyan on Peachtree has grand opening
Cyan on Peachtree, located across Peachtree from Lenox Square mall and next to the Mandarin Oriental hotel and condominiums, offers 329 luxury rental apartments with 22 one-, two-, and three-bedroom floor plan options, as well as two- and three-bedroom penthouses.
The high-rise apartment building is on the site where Dante Stephensen operated the popular restaurant Dante’s Down the Hatch for decades. Buckhead-based Atlantic Realty Partners bought the site from Stephensen in 2013 after about two years of negotiations.
Even before the purchase of the property was finalized, Atlantic Realty Partners presented a plan for a smaller 10-story apartment development of 219 units for the 1.9-acre site. What ended up being built by the partnership of Atlantic Realty and Monogram Residential Trust, Inc. is not only much larger in height and number of apartments, but also higher quality.
Dante Stephensen attended the grand opening event Thursday night and handed Atlantic President and CEO Richard Aaronson a coffee cup, apparently from his former restaurant.
Prior to the ribbon cutting, Aaronson told those gathered inside the lobby area that Cyan on Peachtree is the most luxurious apartment community in Buckhead, in Georgia and in the Southeast.
Following on the heels of Aaronson, Massell talked about the 12,654 multi-family units under various stages of development in Buckhead and said
to Aaronson, “I encourage you and challenge you to have the best management” to ensure the happiness and comfort of tenants at Cyan on Peachtree.
Living spaces at Cyan on Peachtree range from 580 to 1,523-square-feet. Monthly rental rates begin at $1,525 and up for a one bedroom; $1,926 and up for standard two-bedroom homes; two-bedroom penthouses from $4,142; and three-bedroom penthouses from $5,067.
Cyan on Peachtree interiors boast electronic access systems, Bluetooth-distributed audio, quartz countertops, stainless steel appliances, wood-style flooring, washers and dryers, balconies, floor-to-ceiling windows in select units and a yard and grilling station.
Cyan on Peachtree’s residential amenities feature: concierge service, Bark park, Barks and Bubbles Pet Spa, car charging stations, clubroom and social gathering hot spots, presentation kitchen, Cyber café, pool with in-pool loungers and cabanas and state-of-the-art fitness facilities (with yoga, spinning, and aerobics).
Following the ribbon cutting Thursday night, guests were served spirited drinks, catered food and were entertained by two musical groups, one of which was on the second-story outdoor patio. Guest were also given tours of the various types of apartment units available for rent.
Cyan on Peachtree is managed and developed by Monogram Residential Trust, a fully integrated self-managed real estate investment trust that
invests in, develops and operates multifamily communities. Monogram’s portfolio includes investments in 55 multifamily communities in 12 states comprising 15,682 apartment homes.
“Cyan on Peachtree is setting the rental bar for apartment dwelling and its highly desirable location makes it a true lifestyle destination,” says Dustin Lovingood, VP of Marketing for Monogram Residential Trust.
“Located across the street from Lenox Square Mall, mere blocks from Phipps Plaza and the Buckhead Atlanta district, Cyan on Peachtree offers an unparalleled location and highly appointed amenities to match,” added Lovingood.
For more information,click here or call 470-204-3090.