VISTA Breaks Ground in Downtown Atlanta for 225 Luxury Units
- Jan 07, 2008
By Matthew Marin, Associate EditorAtlanta–VISTA, an Atlanta-based real estate investment company, in partnership with Real Estate Capital Partners, has broken ground for Marquis Vista, an upscale 225-unit, mid-rise apartment community in Atlanta. The partnership provided financing for the development. The project will be one of the latest multifamily additions to the rapidly growing Downtown market. The $35.6-million project was financed by a $29.9-million construction loan from Compass Bank, with Charles Markley acting as loan officer. “Marquis Vista is a unique, ultra-luxury multifamily community, offering unique living spaces to residents and workers in the downtown Atlanta area, a market that has historically seen very little new luxury apartments,” Eduard de Guardiola, CEO of VISTA, tells MHN. “Its unique architectural design cleverly blends classical features with modern, cutting-edge design elements and amenities commonly found in other metro areas like Miami and New York.”Marquis Vista is located on Ralph McGill Boulevard, just east of I-75/85 in Downtown Atlanta. The community’s central location provides access to major interstates, allows for a short drive to the surrounding business districts and is also minutes away from the world’s busiest airport, Hartsfield-Jackson International. The site also benefits from its proximity to the abundant retail, restaurant and entertainment options in Downtown including Philips Arena, CNN Center, Centennial Olympic Park and the Georgia Aquarium.Residents of Marquis Vista will enjoy spacious one- and two-bedroom units with distinctive finishes and open floor plans. Amenities will include a rooftop pool, business center, cyber café, courtyard gardens and state-of-the-art fitness center.