ATLANTA—Wood Partners is getting ready to break ground on yet another multifamily project. This time, the developer is building the first high-rise multifamily building in Midtown Atlanta to solely use natural gas for home heating, hot water, and cooking.

The residential/retail development will be located on West Peachtree Street in Midtown Atlanta and will include high-rise and mid-rise residential buildings and approximately 20,000 square feet of retail space. Wood will break ground in the first half of 2014.

“Wood Partners has done an extensive cost-benefit analysis on the use of natural gas, and we are confident that natural gas will not only generate long-term savings to the project but it will also provide our residents with added benefits that come with using a clean, efficient and cost-effective fuel,” says Bennett Sands, director in Wood's Atlanta office. The multifamily development will be built on four acres at Peachtree Place and West Peachtree Street, which is currently a surface parking lot.