Category: Downtown Development

Teachers Village Files Building Permit for 33-Story Tower at 98 Cone Street

A March 19 permit filing puts the long-planned, income-restricted Fairlie-Poplar high-rise one step closer to construction.

The six-story brick parking garage at 98 Cone Street in downtown Atlanta, with a painted Park sign on its corner and a newer high-rise rising behind it

Downtown's teacher tower has moved from plans to paperwork. On March 19, 2026, developer RBH Group filed an application with the City of Atlanta to begin construction on Teachers Village, a 33-story residential building planned for 98 Cone St. in the Fairlie-Poplar Historic District, Bisnow Atlanta reported.

The application describes an income-restricted building with senior housing, workforce housing and retail space, totaling more than 440,000 square feet at a cost of more than $77 million. According to records cited by Bisnow, the permit was filed by Massachusetts-based Consigli Construction Co. for the New Jersey-based developer.

Who the homes are for

The application lists 430 apartments. Citing Urbanize Atlanta, Bisnow reported that more than 220 units would be reserved for independent-living seniors and 197 set aside for workforce housing. Twenty-three units would serve households earning no more than 80 percent of the area median income, with the rest aimed at households earning below 120 percent.

RBH has stated that the project is meant to provide an affordable housing opportunity for public school teachers and other city civil servants. The site, now a parking garage, sits about half a mile from State Farm Arena in downtown's Fairlie-Poplar district.

Five years in the making

The filing came five years after RBH first proposed Teachers Village. Along the way, the developer lined up a $4 million tax allocation district grant and $26 million in tax-exempt bond financing from Invest Atlanta, the city's economic development arm.

The timeline has shifted more than once. RBH originally said it would begin construction in 2024, and a second deadline of Oct. 20 also passed. Most recently the firm told Urbanize it expected to break ground in the first quarter of 2026, pointing to the complexity of the project's purpose and financing as the reason for earlier delays. RBH did not respond to Bisnow's request for comment on the new filing.

Bisnow framed the filing as a sign that the long-planned tower may finally be shovel-ready. If construction gets going, a tall new residential building would rise on a block of Cone Street now used for parking, adding hundreds of new homes to Fairlie-Poplar aimed at teachers, seniors and the city's workforce.

Source: Bisnow Atlanta, March 25, 2026.

Fairlie-Poplar District

Fairlie-Poplar District

Atlanta's turn-of-the-century business district, much of it a National Register Historic District, home to the Rialto Center and Theatrical Outfit.

56 Forsyth St NW | Atlanta

State Farm Arena

State Farm Arena

Downtown indoor arena at 1 State Farm Drive, home of the Atlanta Hawks, with 16,888 seats for basketball and a calendar of concerts.

1 State Farm Dr NW | Atlanta

Teachers Village Atlanta

Teachers Village Atlanta

Planned high-rise at 98 Cone Street NW in Fairlie-Poplar with affordable apartments aimed at teachers and seniors, near Five Points MARTA.

98 Cone St NW | Atlanta

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