Another Midtown Apartment Tower Concludes Construction

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The newest addition to Midtown’s apartment towers has been completed. Developers Brasfield & Gorrie completed the project for $88.7 million; construction costs total $57 million and the remaining $31.7 million was spent on the development. This 23-story luxury apartment community, named 77 12th, is made up of 592,000 SF of residential units and 23,000 SF of retail space.

77 12th has experienced incredible leasing activity and has been achieving the desired rents. More than 80% of the units have been reserved and almost all of the retail space is spoken for. Rents are ranging from $1,405 to $2,830 per month. This apartment community features some top-of-the-line amenities, including granite countertops, stainless steel appliances, private balconies, outdoor fire pits, a saltwater pool, bocce ball courts, and a 20,000 SF outdoor plaza.

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