CRE 101 Blog

An area of downtown Carrollton is getting a makeover.

Stratus Property Group is slated to redevelop The Shoppes at Rome Street, a 40,000-square-foot retail project on nearly 3 acres of the Carroll County city.

The historic property at 415 Rome Street was the first retail center ever built in Carrollton. It is located near the Adamson Square shops and restaurants. 

The project comes amid other developments in Carrollton, part of the city’s long-term planning for its downtown district. Recent developments include The Amp, a 1,000-seat amphitheater; new breweries like Local Ties Brewing Company and The Crafty Rabbit Meadery; and events like “Taste of Carrollton” and half-marathon runs.

The Rome Street redevelopment is expected to bring new retailers into the downtown district and “spur further development in the immediate area,” according to the announcement.

“We would like to thank the city of Carrollton for the opportunity to work together on this exciting  project,” Stratus Property Group President Jeff Koon said in a statement. “Considering the geographic size and population of the trade area, we feel that downtown Carrollton has only just begun its revitalization.” 

Stratus Property Group is an Atlanta-based commercial real estate firm. Their portfolio includes several projects in the Southeast.

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