ATLANTA, Nov. 6, 2024 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental subsidiary of national luxury housing giant Toll Brothers, Inc. (NYSE: TOL), and joint venture partner PGIM Real Estate, proudly announce the He says: announces the grand opening of Momentum Midtown, a premier 36-story high-rise apartment community in Midtown Atlanta. With a $96 million construction loan from Wells Fargo Bank NA, Momentum Midtown welcomed its first residents in June 2024. The community recently celebrated its grand opening with a ribbon-cutting event with development partners and current and future residents.
Located at 1018 W. Peachtree Street NW, Momentum Midtown is close to Atlanta’s best restaurants, entertainment and cultural venues, as well as green spaces like Piedmont Park. Momentum Midtown also welcomes retail tenants on the ground floor of the community. With a WalkScore® of 90 and easy access to major highways and public transportation, residents can enjoy all that Midtown and the surrounding areas have to offer.
“Momentum Midtown represents the pinnacle of luxury living in Atlanta,” said John McCullough, president of Toll Brothers Apart Living. “This new community reflects our commitment to providing exceptional residential experiences in highly desirable locations, with the unparalleled attention to detail and design that Toll Brothers is known for.”
Designed with modernist architecture and charming interiors, Momentum Midtown offers thoughtfully designed studio, one-, two-, and three-bedroom apartment homes, as well as penthouse residences with views of the downtown and Midtown skylines. Masu. Each home is designed with quartz kitchen countertops, tile backsplashes, hardwood-style floors, and smart home technology such as smart thermostats and keyless entry. Some homes also include built-in mudrooms, kitchen islands, large built-in closets with storage, and private balconies.
Momentum Midtown’s superior amenities foster a connected and vibrant community experience. Residents will enjoy a state-of-the-art wellness center with a cardio room and on-demand fitness, a private coworking room, a theater lounge, and a catering kitchen with beverage taps. The 10th floor community features an elegant club room, outdoor patio with fire pit and grilling station, and private dog park. The 36th floor rooftop facility includes a game room, lounge with bar, private dining room and pool with cabanas, all with expansive views of the city. Residents also have access to secure luggage lockers with cold storage and a parking garage with EV charging stations.
“Momentum Midtown sets a new standard for urban living with upscale amenities, sophisticated amenities and modern conveniences,” said Managing Director of Toll Brothers Apartment Living in the Southeast. , said Erin Reisinger. “The community’s location in the heart of Midtown puts residents close to unique shopping and dining as well as many of Atlanta’s major employers.”
For more information, visit MomentumMidtown.com.
About Toll Brothers Apart Living
Toll Brothers Apartment Living is the apartment development division of Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500 company and one of the nation’s leading luxury home builders. Toll Brothers Apartment Living locations in Atlanta, Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and Washington DC. Toll Brothers apartment living communities combine the energy of vibrant places with unparalleled amenities, resident services, and the design and expertise of America’s luxury home builders®. In 2024, Toll Brothers Apartment Living was named to the National Multifamily Housing Council’s Top 25 Largest Developers list, marking its fifth year of recognition. The company has completed more than 10,000 units nationwide, with more than 18,000 currently in production.
For more information, visit TollBrothersApartmentLiving.com.
About Toll Brothers
Toll Brothers, a Fortune 500 company, is one of the nation’s leading luxury home builders. The company was founded 57 years ago in 1967 and went public in 1986. The Company’s common stock is traded on the New York Stock Exchange under the symbol “TOL.” We serve urban and suburban renters, as well as first-time home buyers, movers, empty nesters, active adults, and second home buyers. Toll Brothers has locations in Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and the District of Columbia. The Company operates its own architecture, engineering, mortgage, title, land development, smart home technology, and landscaping subsidiaries. The company also develops master-planned and golf course communities and operates its own lumber distribution, home component assembly and manufacturing operations.
In 2024, Toll Brothers was named to Fortune’s “World’s Most Admired Companies” list for the 10th consecutive year, and its Chairman and CEO Douglas C. Yeary Jr. was named one of the top 25 CEOs by Barron’s Magazine. Chosen by people. Toll Brothers was also named Builder of the Year by Builder magazine, making us the first company to be named Builder of the Year by Professional Builder magazine twice. For more information, visit TollBrothers.com.
From Fortune, ©2024 Fortune Media IP Limited. Unauthorized reproduction is prohibited. Used under license.
Contact: Andrea Meck | Director of Public Relations and Social Media, Toll Brothers | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/7ab7b106-c5d0-4578-b063-186209615cbe
https://www.globenewswire.com/NewsRoom/AttachmentNg/97878325-fa0b-4052-b318-213bb825db3c
https://www.globenewswire.com/NewsRoom/AttachmentNg/853caab3-aaba-4c5c-a4aa-0904e011a4b9
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
