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Carter

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12

Carter
File:Carter Logo.gif
ISIN🆔
IndustryCommercial Real Estate
Founded 📆
Founder 👔
Headquarters 🏙️Atlanta
Area served 🗺️
Key people
Scott Taylor (President/CEO) and Bob Peterson (Chairman)
Members
Number of employees
🌐 Websitewww.carterusa.com
📇 Address
📞 telephone

Carter is a privately held commercial real estate company headquartered in Atlanta.[1]

History[edit]

In 1958, Frank Carter and Ewell Pope started the company as Pope & Carter. [2]

In 1970, Crow, Pope, & Carter was formed, and the company entered the property management business.[3]

In 1994, Carter named Billy Mitchell CEO.[4]  

In 2002, Bob Peterson took over the role of President/CEO.[5]

In 2004, Carter was selected to project manage, property manage, and lease the office portion of Atlantic Station. The following year Carter relocated its headquarters to 171 17th Street in Atlantic Station[6]. Scott Taylor was named President/CEO.[7]

In 2007, Carter was selected as the master developer and equity partner for The Banks, Cincinnati's landmark public-private mixed-use project.[8]

In 2010, Carter formed the Carter Validus Mission Critical REIT to acquire healthcare and data center properties.[9]  [10]

In 2011, Carter’s Brokerage and Property and Facility Management divisions were acquired by Cassidy Turley.[11]

In 2013, Carter broke ground on a 590-bed project at UTSA in San Antonio.[12]

In 2015, construction began on City Springs, developing an urban mixed-use city-center for Sandy Springs.[13] The 14-acre development includes a central park, City Hall, retail market square with a mix of retail shops and restaurants, a 294-unit residential development and a 1,000-seat Performing Arts Center.[13]

In 2017, Carter closed on a redevelopment of Summerhill, an 83-acre mixed-use project in downtown Atlanta.[14]

In 2018, Carter purchased the MET, a 1.1 million square foot historic warehouse in Southwest Atlanta.[15] City Springs residential and retail opened. Carter broke ground on a mixed-use deal with the Morehouse School of Medicine, which will hold 187 units of the first-ever student housing units on campus. [16]

Highlighted projects[edit]

Project Location Product Type Project Size Architect Contractor Year
GE at the Banks Cincinnati, OH Office Building 12-story

338,000 sf office building

19,000 sf retail space

2016 (sold) [17]
The Banks Cincinnati, OH Mixed-Use

Multi-Family

Retail

1 million+ sf

534,00 sf residential

137,500 sf retail

338,000 sf office

5,000 permanent jobs created

$1 billion regional economic impact annually


[8]
Piedmont West Atlanta, GA Medical Office Building 5-story building

125,000 sf medical office building

8 story, 330,000 sf parking deck with 787 spaces

2008 (delivered)[18]


Enid Renaissance Enid, OK Municipal Facility $24.5 million W.L. McNatt & Co. (Convention Hall)


2012 [19]
1100 Peachtree

(For BellSouth Enterprises)

Atlanta, GA Corporate Office 28-story building

618,00 sf

Smallwood/Reynolds/Stewart and Stewart Inc.   1991 (completed)[citation needed]


Campanile (For BellSouth) Atlanta, GA Corporate Office 446,000 sf

20-story tower

1987 [20]
Summerhill Atlanta, GA Mixed-Use 82 acres

$800 million

35 acres into mixed-use neighborhood

40,000 sf grocery tenant

1 million sf of office space planned

100 townhomes planned

200 units for GSU student housing

Rule Joy Trammell Rubio (apartments) Current  [14]
MET Atlanta, GA Mixed-Use 1.1 million sf

$80 million investment


2018 (purchased) [15][21]
Morehouse School of Medicine Atlanta, GA Mixed-Use

Multi-Family

Retail

$52 million expansion

200 residential units

25,000 sf medical office building

2,500 sf retail space

9,000 sf wellness center

2018 [16]
Summerhill – Aspen Heights Atlanta, GA Student Housing 220 units

680 beds

Rule Joy Tramell Rubio[22] [23]
City Springs Sandy Springs, GA Mixed-Use 14 acres including dining, retail, performing arts center, conference center, government offices, park and residences

$300 million

294 unit residential development

1,000 seat Performing Arts Center

2018 (residential and public components opened) [13]
Nine 15 Tampa, FL Mixed-Use

Multi-Family

$100 million

23-story building

275 apartments

19 townhomes

2017 (delivered) [24]
The Desota Sarasota, FL Mixed-Use

Multi-Family

10-story building

180 unit

15,350 sf retail

2018 [25]
Foundry Lofts Ann Arbor, MI Mixed-Use

Multi-Family

Student Housing

Retail

$65 million

14-story mixed-use development

210 units

4,00 sf retail

O’Neal Construction 2013 (approved) [26]
Highpoint on Columbus Commons Columbus, OH Mixed-Use

Multi-Family

Retail

Two six-story buildings

98 units in North building

203 units in South Building

23,000 sf retail

Moody Nolan Brasfield Gorrie 2012 (announced)[27]


The Place on Ponce Decatur, GA Mixed-Use

Multi-Family

Retail

200+ units

10,000 sf retail


2014 [28]
Lindbergh City Center Atlanta, GA Mixed-Use Development $120 million

1 million sf office

300,000 sf retail
714 residential units

[29]
Radius at the Banks Cincinnati, OH Multi-Family $67 million

292 units

18,000 sf retail

2016 (completed)[30]
Vista East & Vista West Boise, ID Mixed-Use

Multi-Family

Student Housing

539 beds 2015 (delivered) [31]
Tetro Student Village San Antonio, TX Multi-Family

Student Housing

121 flats

77 townhomes

16 acres

2014 (groundbreaking) [32]
Highland Square Oxford, MS Multi-Family

Student Housing

752 beds

15,00 sf amenity space and clubhouse

2013 (completed)[33]
Aston at City Springs Atlanta, GA Residential 275 apartments

19 townhomes

2018 [34]
City Federal Birmingham, AL Residential Condominium 84 units

27 stories

2010 (acquired) [35]

Awards[edit]

  • 1991, NAIOP taps Carter as Developer of the Year[36]
  • 2000, Atlanta Regional Commission awards Carter with a "Development of Excellence" award fro Lindbergh City Center[37]
  • 2002, Billy Mitchell, Chairman, receives "The Carter/Mathis Award" by the NAIOP for an individual that has made a big impact on the community and industry. [38]
  • 2003, NAIOP names Carter "Developer of the Year"; Atlanta Business Chronicle ranks Carter Number One developer; National Real Estate Investor ranks Carter Number Nine developer nationally [39]
  • 2005, NREI ranks Carter #2 office developer in the United States; Carter receives Summa cum Laude Partnership Award for Atlanta Partners for Education for mentoring program with Capitol View Elementary School[40]
  • 2006, Atlanta Business Chronicle awards Carter the “Mixed-Use Deal of the Year” for Lindbergh City Center [41]
  • 2008, Atlanta Business Chronicle ranks Carter #2 most office square feet developed
  • 2010, Piedmont West Building Owners and Managers Association (BOMA) 360 Award[42]
  • 2012, NAIOP Impact Award (Cincinnati Chapter) for The Banks;[43] Carter CEO & Chairman Bob Peterson recognized as one of Atlanta’s Real Estate Icons;[44]The Outstanding Building of the Year (TOBY) Award from BOMA-Atlanta for Piedmont West [45]
  • 2013, Carter Senior Vice President of Development, Patti Neal, named to Building Design + Construction’s “40 Under 40” list;[46] Standard of Excellence winner for Real Estate Category by New Media Institute[47]; Real Estate Standard of Excellence winner by Web Marketing Association[48] ; Carter Senior Vice President of Advisory, Malloy Peterson, named “Woman to Watch” by Real Estate Forum Magazine’s 20th Anniversary Special Edition of “Women of Influence”[49]
  • 2015, Carter received an Award for Excellence in Sustainable Rehabilitation from the Georgia Trust for Historic Preservation for Campbell Hall [50] and was awarded Student Housing Business Innovator Award for "Best Mobile Marketing Campaign" at the Interface Conference[51]
  • 2016, Community Development award for City Springs[52]
  • 2017, Carter is awarded "Best Overall Deal" for Summerhill  [53]
  • 2019, The Atlanta Urban Design Commission awarded Carter projects with four awards at the 42nd Annual Design Awards Ceremony, including the "Community Design Award by NPUV for the Redevelopment on Georgia Ave along with Kronberg Wall" and three Awards of Excellence for the Redevelopment on Georgia Ave., 715 Peachtree, and the Ralph David Abernathy Blvd at the MET [54]

References[edit]

  1. "Atlanta real estate firm focuses on development, distressed inves | www.ajc.com". web.archive.org. 2012-11-08. Retrieved 2019-04-25.
  2. "Pope & Carter Company, Inc. Georgia". Business Profiles. 1958-12-15. Retrieved 2013-04-18.
  3. Ewald, William Bragg, Jr., 1925-2015. (2005). Trammell Crow : a legacy of real estate business innovation. Urban Land Institute. ISBN 0874209358. OCLC 61225840.CS1 maint: Multiple names: authors list (link) Search this book on
  4. "About BHU - Advisory Board - Billy Mitchell - Beulah Heights University". www.beulah.edu. Retrieved 2019-07-29.
  5. "Real Estate Forum – June 2012". Reforum-digital.com. 2012-06-22. Retrieved 2013-04-18.
  6. "John Whitaker to lead Atlantic Station project". www.bizjournals.com. Retrieved 2019-07-29.
  7. Schenke, Jarred (May 9, 2003). "Holder Properties' Taylor headed to Carter & Associates". Atlanta Business Chronicle. Retrieved July 19, 2019.
  8. 8.0 8.1 Demeropolis, Tom (July 20, 2017). "Carter is out as master developer of the Banks". Cincinatti Business Courier. Retrieved July 29, 2019.
  9. Leiser, Janet (April 5, 2010). "The Validus Group backs billion-dollar 'mission critical' IPO". Tampa Bay Business Journal. Retrieved July 29, 2019.
  10. "EX-10.3". www.sec.gov. Retrieved 2019-07-29.
  11. "Cassidy Turley wraps acquisition of Carter businesses". Atlanta Business Chronicle. September 6, 2011. Retrieved July 19, 2019.
  12. Silva, Tricia (October 1, 2013). "Carter planning first student-housing project in San Antonio". San Antonio Business Journal. Retrieved July 19, 2019.
  13. 13.0 13.1 13.2 Layman, Tonya (August 17, 2018). "Sandy Springs celebrates new 'downtown' - City Springs". Atlanta Business Chronicle. Retrieved July 19, 2019.
  14. 14.0 14.1 Matt Kempner, The Atlanta Journal-Constitution. "Turner Field neighbors hopeful, skeptical about area's transformation". ajc. Retrieved 2019-07-29.
  15. 15.0 15.1 Keenan, Sean (2018-11-14). "Images: The Metropolitan is undergoing an art-centric, adaptive-reuse revival". Curbed Atlanta. Retrieved 2019-07-29.
  16. 16.0 16.1 Stirgus, Eric. "Morehouse School of Medicine starts work on $52 million campus expansion". ajc. Retrieved 2019-07-29.
  17. "GE building at The Banks sold for $107M". Cincinnati.com. Retrieved 2019-07-29.
  18. "CoStar News - Buckhead Medical Office Bldg Sells for $86.5 Million". product.costar.com. Retrieved 2019-07-29.
  19. Eagle, Robert Barron, Staff WriterEnid News and. "From demolition to restoration: Convention Hall to receive a Renaissance". Enidnews.com. Retrieved 2019-07-29.
  20. J. Scott Trubey, The Atlanta Journal-Constitution. "Dewberry snags Midtown's Campanile". ajc. Retrieved 2019-07-29.
  21. Saporta, Maria (March 30, 2018). "Beltline spurs huge project in southwest Atlanta". Atlanta Business Chronicle. Retrieved July 29, 2019.
  22. www.bizjournals.com https://www.bizjournals.com/atlanta/news/2019/01/25/summerhill-to-add-hundreds-of-housing-units-as.html. Retrieved 2019-07-29. Missing or empty |title= (help)
  23. "Aspen Student Housing at Summerhill| Downtown Atlanta, GA". www.atlantadowntown.com. Retrieved 2019-07-29.
  24. Kritzer, Ashley (November 14, 2017). "Go inside Nine15, downtown Tampa's new 23-story, $100 million apartment tower". Tampa Bay Business Journal. Retrieved July 29, 2019.
  25. "DeSota could garner $80 million in sale | Business Observer". Business Observer. 2018-12-14. Retrieved 2019-07-29.
  26. Zimmerman, Laura (2017-12-01). "Foundry Lofts Create More Residential Space for Students". Huron Valley Electric. Retrieved 2019-07-29.
  27. "Highpoint on Columbus Commons", Wikipedia, 2017-04-02, retrieved 2019-07-29
  28. "Apartment update – Place on Ponce, Trinity Triangle". Decaturish - Locally sourced news. 2014-05-28. Retrieved 2019-07-29.
  29. "View Case Study | AASHTO". planningtools.transportation.org. Retrieved 2019-07-29.
  30. "Sneak preview of new apartments at The Banks". Cincinnati.com. Retrieved 2019-07-29.
  31. "The Preiss Company Continues Western Expansion, Named Manager of the Vista Student Housing Complex at Boise State University". www.businesswire.com. 2014-11-19. Retrieved 2019-07-29.
  32. "Carter Breaks Ground on Tetro Student Village". Student Housing Business. 2014-01-31. Retrieved 2019-07-29.
  33. "Joint Venture to Develop $39M Luxury Student Housing Community at The University of Mississippi". www.multihousingnews.com. Retrieved 2019-07-29.
  34. www.bizjournals.com https://www.bizjournals.com/atlanta/news/2018/08/17/sandy-springs-celebrates-new-downtown-city-springs.html. Retrieved 2019-07-29. Missing or empty |title= (help)
  35. "City Federal Building - Bhamwiki". www.bhamwiki.com. Retrieved 2019-07-29.
  36. "The Developer of the Year Award: Industry Leadership and Innovation | NAIOP". www.naiop.org. Retrieved 2019-07-26.
  37. "Developments of Excellence Awards". ARC. Retrieved 2019-07-29.
  38. Sinderman, Martin (December 9, 2002). "Billy Mitchell outstanding in industry and community". Atlanta Business Chronicle. Retrieved July 29, 2019.
  39. "Developer of the Year Award". NAIOP. 2013-10. Retrieved: 2013-11-07.
  40. "Top 25 Office Developers". National Real Estate Investor. 2005-07-01. Retrieved: 2013-11-07.
  41. "Introduction: Awards honor best deals of 2006". Atlanta Business Chronicle. 2007-03-05. Retrieved: 2013-11-07.
  42. "29 More Buildings Receive the BOMA 360 Designation for Excellence". BOMA. 2010-09-22. Retrieved: 2013-11-07.
  43. "Banks developer Carter Dawson big winner at NAIOP Night of Stars event". Cincinnati Business Courier. 2012-11-09. Retrieved: 2013-11-07.
  44. "Atlanta's Real Estate Icons". Real Estate Forum magazine. 2012-06. Retrieved: 2013-11-07.
  45. "2012 TOBY Winners: Celebrating Atlanta's Best Buildings". Insight Magazine. 2012-02. Retrieved: 2013-11-07.
  46. "Meet BD+C's 40 under 40 class of 2013". Building Design + Construction. 2013-05-08. Retrieved: 2013-11-07.
  47. "2013 New Media Awards" New Media Awards. 2013-09. Retrieved: 2013-11-07.
  48. "Carter wins 2013 WebAward for Carter Website" Web Marketing Association. 2013-09. Retrieved: 2013-11-07.
  49. "Women to Watch" Real Estate Forum. 2013-07. Retrieved: 2013-11-07.
  50. "Agnes Scott College Campbell Hall Renovation". dev-carter.worldsecuresystems.com. Retrieved 2019-07-11.
  51. "Meet Tetro Student Village the MHN Excellence Gold in 'Marketing'". www.multihousingnews.com. Retrieved 2019-07-26.
  52. Godwin, Becca J. G. "Of all the north Fulton developments, this one just won an award". ajc. Retrieved 2019-07-11.
  53. "Best in Atlanta Real Estate: Turner Field redevelopment set to transform Atlanta". www.bizjournals.com. Retrieved 2019-07-11.
  54. "Carter Projects Win Four Atlanta Urban Design Commission Design Awards". www.carterusa.com. Retrieved 2019-07-11.

External links[edit]


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