Longtime developer David Allman received the Urban Land Institute’s Industry Impact Award for lifetime contributions to the Atlanta area, including the 50-story Sovereign mixed-use tower in Buckhead.
Allman, owner and chairman of Regent Partners, was honored during the ULI Atlanta District Council’s award ceremony at the Georgia Aquarium on Sept. 14. Allman has been in real estate since 1980.
His Atlanta firm is known for projects, including Sovereign at 3344 Peachtree Road, within Regent’s Tower Place development. The twisting tower, completed in 2008, has 484,527 square feet of office space and 82 luxury condos. It is the largest tower built in Atlanta in recent decades.
Regent Partners, which has developed and acquired $3 billion in real estate assets, in recent years has been planning a 44-story office and residential tower at 3354 Peachtree with Cousins Properties, the buyer of Regent's original partner Tier REIT, and Batson-Cook Development.
“He has shaped the Atlanta region’s built environment through projects like the iconic Sovereign building and has demonstrated a passion for civic leadership on important issues like housing affordability through the launch of the Atlanta Affordable Housing Fund,” Daphne Bond-Godfrey, executive director of ULI Atlanta, said in a statement announcing the award.