MetLife Investment Management (MIM), MetLife Inc.’s (NYSE: MET) institutional asset management business, and Granite Properties have formed a joint venture to develop Midtown Union’s 26-story, 612,000-square-foot office tower, the future global headquarters of Invesco.
It received $210 million in construction financing.
In addition, a joint venture of MetLife Investment Management and StreetLights Residential, a national design-driven developer of multifamily and mixed-use communities, secured construction financing of $80 million for Midtown Union’s 18-story, 355-unit upscale residential tower.
Midtown Union is a world-class mixed-use development in Midtown Atlanta that will also feature a hotel and restaurants operated by Kimpton Hotels & Restaurants, as well as other pedestrian-friendly shops and restaurants.
Midtown Union’s general contractor, Brasfield & Gorrie, began construction of the project in November 2019 and has already comple