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Mandarin Oriental Hotel Group Signs Agreement to Operate a 198-room
Hotel Within a Planned a 53-story Hotel and Residential Complex in Atlanta

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ATLANTA, November 13, 2008 – Tivoli Properties, Inc. President & CEO Scott L. Leventhal announced plans today for the development of a 53-story hotel and residential complex at 1138 Peachtree Street, a premier midtown location in Atlanta. Epitomizing the finest in luxury hotel accommodations and residential living, the new development will be operated by the prestigious Mandarin Oriental Hotel Group.  Sales are underway for this stylish and contemporary development with a scheduled public opening of the Sales Gallery in early spring 2009. 

The stunning 53-story architectural masterpiece designed by Atlanta firm Smallwood, Reynolds, Stewart, Stewart and Associates will be an important addition to the Atlanta skyline becoming one of the city’s tallest buildings.  Comprised of a 198-room hotel and 71 distinctive residences, the development will feature clear glass lobby floors on the 30th story overlooking the “Midtown Mile” Arts district, Piedmont Park and city lights of Atlanta.  Tivoli Properties’ selection of this location was a direct result of its proximity to the area’s finest shopping, dining, business and cultural venues.  

“This development promises to become a new city icon. It will not only play an important role in the continuing renaissance of the Midtown area, but will also be the Crown Jewel of the ‘Midtown Mile’”, said Scott L. Leventhal, President and Chief Executive Officer of Tivoli Properties, Inc. “We are delighted to be working with Mandarin Oriental on this exclusive luxury hotel and residential offering on the vibrant ‘Midtown Mile’.”

The Residences at Mandarin Oriental, Atlanta will feature 71 opulent living spaces on the building’s top floors.  Residents can enjoy access to all the amenities offered by the hotel, including concierge services, room service, catering, housekeeping, valet services and more.  

“Mandarin Oriental is delighted to have been selected by the owners and developers of this exciting project, and look forward to the opportunity of extending our luxury brand into one of America’s fastest-growing cities,” said Edouard Ettedgui, Group Chief Executive of Mandarin Oriental. 

“Mandarin Oriental is another example of how the core strengths of metro Atlanta continue to attract companies,” said Sam A. Williams, president of the Metro Atlanta Chamber. “The airport and the world’s largest airline will continue to draw other global brands to Atlanta. Adding a luxury Mandarin Oriental hotel will change Atlanta’s skyline and only serve to further enhance the amenities and visitor attractions in and around our exciting city.”

Features and amenities at Mandarin Oriental, Atlanta also include a 22,000-square-foot signature spa with an extensive menu of services, a state of the art fitness facility, Pilates, yoga and city view swimming pool.  Four dining and cocktail venues, including a signature restaurant and an all-day dining establishment, will feature the inventive culinary creations for which Mandarin Oriental is celebrated. 

Mandarin Oriental, Atlanta will be located 20 minutes from the Atlanta Hartsfield-Jackson International Airport in the lively ‘Midtown’ district, which has the largest concentration of cultural attractions in the region, and is home to 30 different arts and cultural venues, including Richard Meier’s High Museum and the future Atlanta Symphony Center. www.MandarinOrientalResidencesAtlanta.com.

About Tivoli
Founded in 2004, Atlanta-based Tivoli Properties, Inc. is a full-service real estate investment, development, sales and marketing company led by Founder Scott L. Leventhal, a fourth-generation real estate impresario. The company is comprised of three divisions. Tivoli Properties is focused on creating first-to-market concepts in urban living and next-generation, multifamily housing throughout the southeastern U.S. Current properties include Mandarin Oriental, Atlanta, Duo, Aqua, Mezzo and Tivoli Tenside. Tivoli Communities, Inc. develops master-planned communities including Hampton Island Preserve in Coastal Georgia. Tivoli Realty Services, Inc., launched in February 2008, offers an innovative “resort living” sales philosophy while illustrating the value of real estate purchasing. For information, call (770) 272-7600 or visit www.tivoli-properties.com.
 

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Contact:

Crissy Poorman/Gina Stouffer   
   Lou Hammond & Associates   
561-655-3836
crissyp@lhammond.com    
 

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Also See: The Once Hot Condo-hotel Trend Continues to Chill; Trump Has Contracts for About 65% of the 339 Condo-hotel Units at Chicago's Trump International Hotel & Tower / December 2007
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