CRE 101 Blog

Mixed-use redevelopment is proposed for part of an office property in Alpharetta.

According to a recent Developments of Regional Impact (DRI) filing, the project would bring multifamily residences, townhomes and commercial space to an existing office complex. Approximately 130,000 square feet of existing office space (about half of the total property) will remain onsite, in addition to the new retail and residential elements.

In total, the development would include about 350 rental multifamily units, 90 for-sale townhomes, and 60,000 square feet of commercial space, according to the DRI filing.

The project comes from Portman Holdings, an Atlanta-based real estate investment, development and management firm. Other Atlanta projects in the Portman Holdings portfolio include Spring Quarter and Junction Krog District.

Documents indicate that Portman Holdings recently requested a rezoning of the nearly 20-acre property located at 3625 and 3655 Brookside Parkway, seeking to rezone the property from office institutional to mixed-use to allow for the redevelopment.

“The office use is existing and will remain. The property is currently improved with two office buildings that are part of the Brookside One and Two office park,” according to documents related to the rezoning request.

The site is located east of the Big Creek Greenway and north of Georgia State University’s Alpharetta campus. Several restaurants are located nearby, including Loyal Q and Brew and Kimchi Red.

The estimated completion date for the Brookside project is 2029, according to the DRI filing.

​ Real Estate, alpharetta, Brookside, Portman Holdings Multifamily residences, townhomes and commercial space are envisioned for the Brookside project. Read MoreWhat Now AtlantaReal Estate – What Now Atlanta