Fifth Group Restaurants is already known for providing Midtown Atlanta with fabulous restaurants like South City Kitchen and Ecco, but food connoisseurs will soon have a new place to frequent. The three partners behind Fifth Group Restaurants recently announced the purchase of a new piece of property. The group plans to open a new seafood restaurant named Lure early next year.

At Lure, guests will be able to enjoy seafood from all over the world. The restaurant will serve lunch and dinner and will seat 140 people.

Upon completion, the restaurant will add one more attraction to an ever-growing list of reasons to visit Midtown. Of course, with fantastic developments like 1010 Midtown Condos, guests can do more than just visit on occasion. Places like 1010 Midtown give residents full access to the best that Midtown has to offer, most of which is mere blocks away.

In addition to fantastic location, 1010 Midtown offers condos and penthouses with posh interior furnishings like expansive wall windows, tiled baths with garden tubs, hardwood flooring, frameless glass showers and options for integrated home automation or surround sound.

Residents also enjoy 24-hour concierge service, private parking, high-speed elevators, a state-of-the-art fitness center, swimming pool and club room. 1010 Midtown even has a variety of retail stores and restaurants on the ground floor.

For more information, visit the 1010 Midtown website.

According to a recent article in Fortune magazine, real estate is on the road to recovery. A company called Metrostudy has tracked the U.S. new home inventory for more than 30 years and believes that the prices of new homes are going to rise.

Metrostudy covers 19 states (65% of the housing market) and in the 41 cities analyzed, 78,000 houses are either vacant and for sale or under construction. Compare this to the 343,000 homes in mid-2006, and it seems as though the housing market is headed toward a shortage. The article states that this lack of new construction combined with the market’s lower-than-ever prices is setting the stage for a housing recovery.

As the economy continues to recover, more and more new homebuyers will enter the market. In cities like Atlanta, where the cost of owning is 34 percent less than renting, more people will look to buy homes. Once the demand for new housing increases, the lack of supply caused by decreased construction should make prices start to rise.

As an example of the increased interest in home ownership, 1010 Midtown Condos has sold and closed 34 homes during the 1st quarter of 2011. It seems as though buyers are falling in love with all of the included features such as hardwood floors, expansive window walls, granite countertops, wood cabinetry, 10-foot finished ceilings and more.

Amenities at 1010 Midtown include a state-of-the-art fitness center, swimming pool, club room, cabanas and manicured gardens. Plus, residents are always minutes from shopping, dining and entertainment at Piedmont Park, the High Museum and the Fox Theatre.

For more information about 1010 Midtown, visit the website or call 404-815-4622.

12^th & Midtown’s restaurant selection is about to get meatier thanks to a new steakhouse opening very soon called STK, a trendy restaurant geared toward women.

Originally launched in New York in the heart of the Meatpacking District, STK has quickly become the place to be for upscale clientele. NBC, Ernst & Young and Goldman Sachs have hosted holiday parties and celebrities like Jessica Alba and Kim Kardashian have celebrated birthdays at this distinctive steakhouse.

STK serves steaks in three different sizes that can be dressed in any of eight homemade sauces like Salsa Verde, Red Wine and the signature STK sauce. Patrons can choose from a number of appetizing side dishes including sweet corn pudding and parmesan truffle fries. STK also has an extensive selection of sophisticated cocktails and wines.

People in Las Vegas, Miami, Los Angeles and New York are already familiar with this unique steakhouse, and soon the citizens of Atlanta will finally be able to experience it for themselves.

Upon completion, the steakhouse will be another fine addition to the restaurants of 12^th and Midtown, which include RA Sushi, Piola, Noon|Midtown and Ri Ra Irish Pub. Other highlights include the Loews hotel and the 1010 Midtown Condo.

1010 Midtown is located at the epicenter of Midtown Mile, a residential and office district with premier shopping and dining.

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Last week, Atlanta residents had to deal with frozen roads, icy driveways and treacherous interstates. Many of them were trying to brave cabin fever since it was too dangerous to drive to a local restaurant or grocery store.

Residents of 1010 Midtown could cast those worries aside this week and enjoy the sight of the snow. 1010 Midtown is a walkable community of luxury condos, right in the heart of the action in Midtown. While others were stuck in their driveways, 1010 Midtown residents were able to bundle up, emerge from home and walk to one of the local pubs and restaurants, many of which were open.

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What do you take into consideration when shopping for a new home: value, location or amenities? According to an article published in the Wall Street Journal, if you are a buyer who is looking for a better home value, then you should consider putting on your walking shoes. That’s because, homes in locations that are deemed “walkable” tend to maintain more of their value when compared to homes in non-walkable communities.

Midtown is one of the best locations in Atlanta when it comes to walkability. With a Walk Score of 87 out of 100, Midtown is considered to be a Very Walkable neighborhood; and the luxury condominium community 1010 Midtown is in the middle of it all.

The pedestrian-friendly community is within walking distance of many highly desirable shopping, dining and entertainment spots including more than 80 restaurants, the Fox Theatre, the High Museum of Art and Piedmont Park.

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The Green Concert is held annually by Piedmont Park as a means of raising money for the Piedmont Park Conservancy. Previously, elite musical performers such as Paul McCartney and Dave Matthews have graced the lush green haven in the middle of our concrete jungle, and this year’s act provides even more star-power. When dusk falls over the park on October 15, the Eagles will take the stage.

With such a wide audience-base, this concert is sure to draw a crowd of all ages and sell out as well. To experience the concert to its fullest, choose the VIP package. This experience gives concert-goers perks such as front-of-stage viewing, a private hospitality tent with complimentary beer and wine, VIP comfort stations, and a private VIP entrance. Regular tickets are also available for purchase. Visit the Piedmont Park website for ticketing information as well as what can and cannot be brought to the event.

Piedmont Park is one of Atlanta’s premier event venues, and just steps from the luxury Atlanta condo tower of 1010 Midtown. Residents of 1010 Midtown never need to worry about finding parking or navigating traffic to the treasured green space since it’s always just a quick walk or even quicker cab ride away. Not only is the park close by, but so are many great places to enjoy dinner before the show, or a drink after.

Do you want to live life on the Midtown Mile? Visit 1010 Midtown‘s website for more information.

The Midtown Mile is a bustling area, filled with restaurants and shops; but for two days in September, the strip of Peachtree will be transformed as thousands flock for the inaugural Midtown Festival of the Arts.

The festival runs Sept. 25th and 26th, allowing visitors to experience beautiful works of art from local artists and sample delectable cuisine from local chefs. There will be performances, film screenings and even a traditional beer garden. The festival celebrates every type of art and there is sure to be something for the whole family.

Runners can kick off Saturday morning with a one-mile road race from Colony Square to the Fox Theatre, getting to see the venues for the

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Atlanta home owners have a new place to outfit their condos and lofts with the opening of CB2 in mid-August. The furniture and home decor store opened in the bottom of 1010 Midtown’s residential tower and is impressing shopper after shopper. Catering to Gen Y buyers, CB2 fills its space with trendy items as well as pieces with clean, classic lines. “One of a Find” items are selected by the store, with the home accents available only in limited numbers.

The opening of CB2 puts Midtown in the same company as Miami’s South Beach, New York’s SoHo District and West Hollywood’s Sunset Boulevard. With only eight stores in the country, it’s an honor for the Midtown Mile to be selected as the prime location for CB2. An honor, but not a surprise.

As residents of 1010 Midtown will tell you, the Midtown Mile is an amazing place to live. With an eclectic mix of restaurants and nightlife, residents have no trouble satiating cravings for any cuisine or finding a luxe spot for happy hour. Piedmont Park is just steps away from the tower and many of Atlanta’s treasured cultural venues are nearby as well. And now, with the opening of CB2, residents don’t have to go far to find the latest accent or perfect stemware for a dinner party.

For more information about life on the Midtown Mile, visit the 1010 Midtown website.

CB2, located in 1010 Midtown across the street from the newly opened Loews hotel and the soon to be open STK, will open its doors to Atlanta on Friday, August 13, 2010. Only the eighth CB2 store in the nation, Atlanta’s version will make Life on the Curve more interesting than ever.

As the first national tenant on the 14-block Midtown Mile, CB2 (an offshoot of Crate and Barrel) will enhance the 24-7 lifestyle created by the arts and entertainment surrounding 1010 Midtown. It’s just the kind of atmosphere CB2 seeks when building a new location, placing the Midtown Mile in the ranks of New York’s SoHo district, Miami’s South Beach, Chicago’s Lincoln Park and West Hollywood’s Sunset Boulevard where other CB2 stores are located.

Aimed at Gen Y buyers who often live in urban lofts or apartments and prefer the most up-to-date furnishings and accessories, CB2 sells “affordable modern.”

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