Plans for a 29-story high-rise apartment tower over downtown’s Peachtree Center are moving forward.

Charleston, S.C. developer Greystar will build the $125 million project with 345 residential units, the company announced today.

Greystar confirmed it bought the air rights and closed on construction financing for the tower atop the Peachtree Center parking garage, which it will call Ascent Peachtree. Greystar did not release details of the transaction.

A Greystar affiliate acquired the air rights…

Atlanta Business Journal
29-story apartment tower to rise over Peachtree Center