sbe, the Los Angeles-based firm that develops, manages and operates hospitality venues, plans to launch SLS Atlanta Hotel & Residences, which is located in vibrant Midtown Atlanta.
This mixed-use development will represent the first collaboration between sbe and Atlanta-based developer The Trillist Companies, Inc.
The development will break ground in early 2017 and completion is expected by early 2019.
The development, which is located in Midtown Atlanta, will comprise 213 SLS hotel rooms and suites, 56 condominium residences, and a wide range of food and beverage venue options and meeting spaces.
Condominium residences will range between 1,600ft2 and 4,000ft2 and comprise a mix of two-, three- and four-bedroom units.
In collaboration with Trillist, sbe subsidiary Dakota Development will hold a significant role in developing the design and concept of the property.
SLS Atlanta will be the 14th property in the line-up of SLS Hotel & Residences, which will represent over 3,900 hotel rooms and 1,600 residences worldwide by 2019.
sbe founder and CEO Sam Nazarian said: "SLS Atlanta Hotel & Residences will be one of the most significant projects in the city of Atlanta, bringing our globally recognized design and service to an underserved luxury residential clientele.
"Through our top-tier reputation among SLS hotels’ dedicated international customer base, this project will further elevate Midtown Atlanta as a top travel destination.
"We are excited to be partnering with Trillist, which is recognized as a leader in the high-end residential and hospitality sector. Together we will bring a new luxury lifestyle and hotel experience to a market that is positioned for significant and diversified future economic growth, driven by momentum in the financial services, technology, and film and television production sectors.
"There is a tremendous opportunity to generate a new pulse and energy in this incredibly beautiful city. The SLS experience, with its award-winning hospitality and playful aesthetic, is a perfect match."
Trillist CEO , president and co-founder said: "This project will be the achievement of a shared vision to create a personal and intimate experience that incorporates leading edge design with outstanding services that reflect the best of the cultural life of Atlanta.
"Midtown Atlanta is already home to arts, culture, commerce and superior infrastructure to any other region in the metropolitan Atlanta area, and the addition of this premier mixed-use development will further shine the spotlight on Midtown as an internationally recognized destination. Currently, there is a dearth of high quality, fashion-orientated condominium residences in Atlanta. We expect that residents of this great city will welcome the unique design and engaging environment located within SLS Atlanta, which will set a new standard in mixed-use development."