Toro Breaks Ground on $560M Johns Creek Project

Toro Breaks Ground on $560M Johns Creek Project

Toro Development Company (“TDC”) has started work on Medley, the $560 million, 43-acre mixed-use community in Johns Creek. Th company expects its grand opening to take place October 29, 2026.

TDC secured financing for the project in November 2024. The deal includes an equity investment from Ascentris and a $158 million construction loan from Banco Inbursa for the first phase.

Located at the corner of McGinnis Ferry Road and Johns Creek Parkway, Medley will encompass 150,000 square feet of retail, restaurant and entertainment space, a 175-key boutique hotel, 110,000 square feet of office, 750 multifamily residences, 133 townhomes built by Empire Communities, and a 25,000-square-foot Plaza.

TDC has lined up more than 25 brands and razed a 350,000-square-foot office building to prepare the site for groundbreaking. Announced retailers for Medley include a neighborhood grocer, Sephora and High Country Outfitters.

The post Toro Breaks Ground on $560M Johns Creek Project appeared first on Connect CRE.

​  Toro Development Company (“TDC”) has started work on Medley, the $560 million, 43-acre mixed-use community in Johns Creek. Th company expects its grand opening to take place October 29, 2026. TDC secured financing for the project in November 2024. The deal includes an equity investment from Ascentris and a $158 million construction loan from Banco …
The post Toro Breaks Ground on $560M Johns Creek Project appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News

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