Battered Northlake Mall Sells for $39M
Battered Northlake Mall Sells for $39M
Northlake Mall opened in 1971, and like most malls from that era, few are still open at designed. Online shopping and COVID have forced most to reinvent themselves. And few have been hit as hard as Northlake. The Charlotte Business Journal reports the mall is expected to sell for only $39 million; that’s $200 million less than it was purchased for just over 10 years ago. Starwood Capital Group acquired Northlake in 2014 for $248 million. Starwood has been in default since 2017 when it missed the mortgage payoff deadline on its $646.6 million loan. The mall has since gone into receivership.
The mall’s receiver, Spinoso Real Estate Group, recently entered into a purchase and sale agreement for the 1.06 million-square-foot, two-story mall at 6801 Northlake Mall Drive in north Charlotte. Hull Property Group and Racine Mall are the buyers. Hull Property Group’s portfolio includes malls in 16 states.
Hull would own the property itself, structures, improvements, permits, easements, roads, and leases. Anchor tenants include Macy’s, Belk, Dillards and AMC Theatres. As part of the sale, it could keep the Northlake name.
The post Battered Northlake Mall Sells for $39M appeared first on Connect CRE.
Northlake Mall opened in 1971, and like most malls from that era, few are still open at designed. Online shopping and COVID have forced most to reinvent themselves. And few have been hit as hard as Northlake. The Charlotte Business Journal reports the mall is expected to sell for only $39 million; that’s $200 million …
The post Battered Northlake Mall Sells for $39M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Northlake Mall opened in 1971, and like most malls from that era, few are still open at designed. Online shopping and COVID have forced most to reinvent themselves. And few have been hit as hard as Northlake. The Charlotte Business Journal reports the mall is expected to sell for only $39 million; that’s $200 million …
The post Battered Northlake Mall Sells for $39M appeared first on Connect CRE.
Partners Real Estate recruits high-profile land sales team
Partners Real Estate recruits high-profile land sales team
The team joins during what could be an active year for land sales.
The team joins during what could be an active year for land sales. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
The team joins during what could be an active year for land sales.
Partners Real Estate recruits high-profile land sales team
Partners Real Estate recruits high-profile land sales team
The team joins during what could be an active year for land sales.
The team joins during what could be an active year for land sales. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
The team joins during what could be an active year for land sales.
Two New Hotels Under Review in Downtown Atlanta
Two New Hotels Under Review in Downtown Atlanta
Horizon Hospitality is reported to be behind the construction of two new hotels near Emory University Midtown Hospital. Two 12-story hotels are under review on a site at West Peachtree Street and Baltimore Place in Downtown. The property was purchased in 2023 for $8.4 million.
The Atlanta Business Chronicle reports that the hotels could bring almost 400 new hotel rooms to the market.
One building would be branded as Hilton Worldwide’s micro-hotel brand Motto, and the other as Marriott International’s extended-stay brand TownePlace Suites.
The hotels are planned to include a sky lobby, or a hotel lobby that is on the top floor instead of the ground level. BCA-Studios is the architect.
The property is across the Downtown Connector from the city’s tourism and convention hub and south of Midtown’s walkable heart. Centennial Yards, the project to remake The Gulch, has three hotels either under construction or in the planning phase.
The post Two New Hotels Under Review in Downtown Atlanta appeared first on Connect CRE.
Horizon Hospitality is reported to be behind the construction of two new hotels near Emory University Midtown Hospital. Two 12-story hotels are under review on a site at West Peachtree Street and Baltimore Place in Downtown. The property was purchased in 2023 for $8.4 million. The Atlanta Business Chronicle reports that the hotels could bring …
The post Two New Hotels Under Review in Downtown Atlanta appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News
Horizon Hospitality is reported to be behind the construction of two new hotels near Emory University Midtown Hospital. Two 12-story hotels are under review on a site at West Peachtree Street and Baltimore Place in Downtown. The property was purchased in 2023 for $8.4 million. The Atlanta Business Chronicle reports that the hotels could bring …
The post Two New Hotels Under Review in Downtown Atlanta appeared first on Connect CRE.
Images: View-rific venue opens over West Midtown, atop offices
Images: View-rific venue opens over West Midtown, atop offices
Images: View-rific venue opens over West Midtown, atop offices
Josh Green
Wed, 01/15/2025 – 15:44
West Midtown stakeholders have made the argument the best views of Atlanta’s skyline are in blocks around the Howell Mill Road corridor, just west of Georgia Tech.
That’s debatable, but if true, a new events venue that officially opens this week high over the Marietta Street Artery neighborhood is in luck.
Grand-opening festivities are planned Thursday for Summit at 8West, a versatile eighth-floor space that tops the 8West mixed-use complex at 889 Howell Mill Road.
According to operators West Midtown Ventures, the city’s newest rooftop venue is a sleek and modern space with “stunning skyline views” throughout and a “chic rooftop” above. It can seat up to 400 people for dinner, and all rentals include use of a private green room and VIP suite.
Proximity to Georgia Tech, Mercedes-Benz Stadium, and other downtown attractions is called a perk of the location.
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
Full facility rentals start at $4,000 for four-hour slots between Sunday and Thursday, with $2,000 beverage minimums and other fees.
The 8West building delivered in summer 2020 as part of a pandemic-era investment surge around the Howell Mill Road and Marietta Street corridors.
According to developer Atlantic Capital Properties, the complex includes 175,000 square feet of offices and 10,000 square feet of retail space, plus 264 apartments and 680 parking spaces in a deck.
Courtesy of West Midtown Ventures
The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
For West Midtown Ventures, Summit at 8West marks one of three new events spaces on tap in the general area.
The other two are called Collier Hall (located farther north on Howell Mill Road) and The Dogwood at Westside Paper (part of the adaptive-reuse project a few blocks from 8West).
Swing up to the gallery for more context and a Summit at 8West sneak peek.
…
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The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Images: View-rific venue opens over West Midtown, atop offices
Josh Green
Wed, 01/15/2025 – 15:44
West Midtown stakeholders have made the argument the best views of Atlanta’s skyline are in blocks around the Howell Mill Road corridor, just west of Georgia Tech.
That’s debatable, but if true, a new events venue that officially opens this week high over the Marietta Street Artery neighborhood is in luck.
Grand-opening festivities are planned Thursday for Summit at 8West, a versatile eighth-floor space that tops the 8West mixed-use complex at 889 Howell Mill Road.
According to operators West Midtown Ventures, the city’s newest rooftop venue is a sleek and modern space with “stunning skyline views” throughout and a “chic rooftop” above. It can seat up to 400 people for dinner, and all rentals include use of a private green room and VIP suite.
Proximity to Georgia Tech, Mercedes-Benz Stadium, and other downtown attractions is called a perk of the location.
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
Full facility rentals start at $4,000 for four-hour slots between Sunday and Thursday, with $2,000 beverage minimums and other fees.
The 8West building delivered in summer 2020 as part of a pandemic-era investment surge around the Howell Mill Road and Marietta Street corridors.
According to developer Atlantic Capital Properties, the complex includes 175,000 square feet of offices and 10,000 square feet of retail space, plus 264 apartments and 680 parking spaces in a deck.
Courtesy of West Midtown Ventures
The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
For West Midtown Ventures, Summit at 8West marks one of three new events spaces on tap in the general area.
The other two are called Collier Hall (located farther north on Howell Mill Road) and The Dogwood at Westside Paper (part of the adaptive-reuse project a few blocks from 8West).
Swing up to the gallery for more context and a Summit at 8West sneak peek.
…
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• Marietta Street Artery news, discussion (Urbanize Atlanta)
Tags
889 Howell Mill Road Suite 800
8West
Summit at 8West
West Midtown Ventures
Proof of the Pudding
The Dogwood at Westside Paper
Collier Hall
Atlanta Event Spaces
Howell Mill Road
Atlanta Offices
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Atlanta Event Venues
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Images
The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Subtitle
Summit at 8West aims to capitalize on proximity to Georgia Tech, downtown stadiums
Neighborhood
Marietta Street Artery
Background Image
Image
Before/After Images
Sponsored Post
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Images: View-rific venue opens over West Midtown, atop offices
Josh Green
Wed, 01/15/2025 – 15:44
West Midtown stakeholders have made the argument the best views of Atlanta’s skyline are in blocks around the Howell Mill Road corridor, just west of Georgia Tech.
That’s debatable, but if true, a new events venue that officially opens this week high over the Marietta Street Artery neighborhood is in luck.
Grand-opening festivities are planned Thursday for Summit at 8West, a versatile eighth-floor space that tops the 8West mixed-use complex at 889 Howell Mill Road.
According to operators West Midtown Ventures, the city’s newest rooftop venue is a sleek and modern space with “stunning skyline views” throughout and a “chic rooftop” above. It can seat up to 400 people for dinner, and all rentals include use of a private green room and VIP suite.
Proximity to Georgia Tech, Mercedes-Benz Stadium, and other downtown attractions is called a perk of the location.
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
Full facility rentals start at $4,000 for four-hour slots between Sunday and Thursday, with $2,000 beverage minimums and other fees.
The 8West building delivered in summer 2020 as part of a pandemic-era investment surge around the Howell Mill Road and Marietta Street corridors.
According to developer Atlantic Capital Properties, the complex includes 175,000 square feet of offices and 10,000 square feet of retail space, plus 264 apartments and 680 parking spaces in a deck.
Courtesy of West Midtown Ventures
The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
For West Midtown Ventures, Summit at 8West marks one of three new events spaces on tap in the general area.
The other two are called Collier Hall (located farther north on Howell Mill Road) and The Dogwood at Westside Paper (part of the adaptive-reuse project a few blocks from 8West).
Swing up to the gallery for more context and a Summit at 8West sneak peek.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Marietta Street Artery news, discussion (Urbanize Atlanta)
Tags
889 Howell Mill Road Suite 800
8West
Summit at 8West
West Midtown Ventures
Proof of the Pudding
The Dogwood at Westside Paper
Collier Hall
Atlanta Event Spaces
Howell Mill Road
Atlanta Offices
Office Market
Event Venues
Atlanta Event Venues
Office Space
Atlanta Weddings
Atlantic Capital Properties
Images
The venue’s 889 Howell Mill Road location, center, in the context of Georgia Tech, right, and other attractions in the district. Google Maps
Views from Midtown (left) to downtown at Summit at 8West’s rooftop social space. Courtesy of West Midtown Ventures
The 8West building, as seen from Marietta Street in summer 2024. Google Maps
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Courtesy of West Midtown Ventures
Subtitle
Summit at 8West aims to capitalize on proximity to Georgia Tech, downtown stadiums
Neighborhood
Marietta Street Artery
Background Image
Image
Before/After Images
Sponsored Post
Off
Atlanta airport’s ‘ambitious’ expansion project enters next phase
Atlanta airport’s ‘ambitious’ expansion project enters next phase
Atlanta airport’s ‘ambitious’ expansion project enters next phase
Josh Green
Wed, 01/15/2025 – 13:43
The quest to make one of the tightest areas for travelers at the world’s busiest airport into a modernized, more efficient, and pleasant experience has marked a key milestone.
The widening of Concourse D—considered one of Hartsfield-Jackson Atlanta International Airport’s most ambitious expansion projects to date—began its second phase overnight by affixing another prefabricated section of the concourse to the narrow one that’s been in service for more than 40 years.
Launched in September 2023, the expansion project is using a unique building technique with prefabricated modules to modernize and widen the concourse while not disrupting operations for thousands of passengers who shuffle through per day.
Today, Concourse D is the airport’s narrowest and is “dramatically undersized,” with a circulation corridor between seating areas that’s just 18-feet wide, airport officials have said.
To expand the concourse while keeping it open, 19 modules are being built at a 6-acre modular construction lot adjacent to the airport, and then installed individually during quieter nighttime hours.
Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Between Tuesday night and this morning, a section known as Module 6 was transported from the modular yard and attached to Concourse D, marking the start of five-module phase two.
Concourse D was opened in 1980 at ATL’s Domestic Terminal as one of five original concourses.
The expansion will create what’s effectively a new concourse that allows the airport to meet future capacity demands, project leaders have said.
Airport officials say the concourse overhaul, once complete, will increase seating by 1,000 seats (up to 6,400) with hold rooms at twice their original size. It will expand the concourse width by 29 feet and ceiling height by 18 feet, allowing for more larger-capacity jets and boosting restrooms to twice their original size.
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
All told, the modernized Concourse D will have 75 percent more square footage for passenger boarding, according to project officials.
The concourse will expand from 60-feet wide today to nearly 100 feet overall.
Four more prefabricated modules are set to be moved into place by the end of this month. But according to airport officials, the project won’t be finished for more than three years, with an expected opening in summer 2029.
Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
…
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Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Atlanta airport’s ‘ambitious’ expansion project enters next phase
Josh Green
Wed, 01/15/2025 – 13:43
The quest to make one of the tightest areas for travelers at the world’s busiest airport into a modernized, more efficient, and pleasant experience has marked a key milestone.
The widening of Concourse D—considered one of Hartsfield-Jackson Atlanta International Airport’s most ambitious expansion projects to date—began its second phase overnight by affixing another prefabricated section of the concourse to the narrow one that’s been in service for more than 40 years.
Launched in September 2023, the expansion project is using a unique building technique with prefabricated modules to modernize and widen the concourse while not disrupting operations for thousands of passengers who shuffle through per day.
Today, Concourse D is the airport’s narrowest and is “dramatically undersized,” with a circulation corridor between seating areas that’s just 18-feet wide, airport officials have said.
To expand the concourse while keeping it open, 19 modules are being built at a 6-acre modular construction lot adjacent to the airport, and then installed individually during quieter nighttime hours.
Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Between Tuesday night and this morning, a section known as Module 6 was transported from the modular yard and attached to Concourse D, marking the start of five-module phase two.
Concourse D was opened in 1980 at ATL’s Domestic Terminal as one of five original concourses.
The expansion will create what’s effectively a new concourse that allows the airport to meet future capacity demands, project leaders have said.
Airport officials say the concourse overhaul, once complete, will increase seating by 1,000 seats (up to 6,400) with hold rooms at twice their original size. It will expand the concourse width by 29 feet and ceiling height by 18 feet, allowing for more larger-capacity jets and boosting restrooms to twice their original size.
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
All told, the modernized Concourse D will have 75 percent more square footage for passenger boarding, according to project officials.
The concourse will expand from 60-feet wide today to nearly 100 feet overall.
Four more prefabricated modules are set to be moved into place by the end of this month. But according to airport officials, the project won’t be finished for more than three years, with an expected opening in summer 2029.
Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
…
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• In shadow of Atlanta airport, relatively inexpensive homes pop up (Urbanize Atlanta)
Tags
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Hartsfield-Jackson Atlanta International Airport
Concourse D
Hapeville
Southside
Clayton County
Airport
Atlanta Construction
Mayor Andre Dickens
Balram Bheodari
Modules
Images
Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Subtitle
Concourse D’s complex widening aims for better travel experience at world’s busiest hub
Neighborhood
Citywide
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
Atlanta airport’s ‘ambitious’ expansion project enters next phase
Josh Green
Wed, 01/15/2025 – 13:43
The quest to make one of the tightest areas for travelers at the world’s busiest airport into a modernized, more efficient, and pleasant experience has marked a key milestone.
The widening of Concourse D—considered one of Hartsfield-Jackson Atlanta International Airport’s most ambitious expansion projects to date—began its second phase overnight by affixing another prefabricated section of the concourse to the narrow one that’s been in service for more than 40 years.
Launched in September 2023, the expansion project is using a unique building technique with prefabricated modules to modernize and widen the concourse while not disrupting operations for thousands of passengers who shuffle through per day.
Today, Concourse D is the airport’s narrowest and is “dramatically undersized,” with a circulation corridor between seating areas that’s just 18-feet wide, airport officials have said.
To expand the concourse while keeping it open, 19 modules are being built at a 6-acre modular construction lot adjacent to the airport, and then installed individually during quieter nighttime hours.
Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Between Tuesday night and this morning, a section known as Module 6 was transported from the modular yard and attached to Concourse D, marking the start of five-module phase two.
Concourse D was opened in 1980 at ATL’s Domestic Terminal as one of five original concourses.
The expansion will create what’s effectively a new concourse that allows the airport to meet future capacity demands, project leaders have said.
Airport officials say the concourse overhaul, once complete, will increase seating by 1,000 seats (up to 6,400) with hold rooms at twice their original size. It will expand the concourse width by 29 feet and ceiling height by 18 feet, allowing for more larger-capacity jets and boosting restrooms to twice their original size.
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
All told, the modernized Concourse D will have 75 percent more square footage for passenger boarding, according to project officials.
The concourse will expand from 60-feet wide today to nearly 100 feet overall.
Four more prefabricated modules are set to be moved into place by the end of this month. But according to airport officials, the project won’t be finished for more than three years, with an expected opening in summer 2029.
Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• In shadow of Atlanta airport, relatively inexpensive homes pop up (Urbanize Atlanta)
Tags
Atlanta Airport
Hartsfield-Jackson Atlanta International Airport
Concourse D
Hapeville
Southside
Clayton County
Airport
Atlanta Construction
Mayor Andre Dickens
Balram Bheodari
Modules
Images
Module 6 being transported this morning from the modular yard and attached to Atlanta airport’s Concourse D, marking the beginning of the expansion project’s phase two. Courtesy of Hartsfield-Jackson Atlanta International Airport
Courtesy of Hartsfield-Jackson Atlanta International Airport
Current conditions of Atlanta airport’s bustling Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Plans for an expanded and revised Concourse D. Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Courtesy of Hartsfield-Jackson Atlanta International Airport/Mammoet
Subtitle
Concourse D’s complex widening aims for better travel experience at world’s busiest hub
Neighborhood
Citywide
Background Image
Image
Before/After Images
Sponsored Post
Off
Two hotels planned near Emory University Midtown Hospital
Two hotels planned near Emory University Midtown Hospital
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta.
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta.
Two hotels planned near Emory University Midtown Hospital
Two hotels planned near Emory University Midtown Hospital
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta.
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Combined, the hotels could bring almost 400 new hotel rooms to the market in Downtown Atlanta.
‘Walkable, urban oasis’ in northern ‘burbs officially starts construction
‘Walkable, urban oasis’ in northern ‘burbs officially starts construction
‘Walkable, urban oasis’ in northern ‘burbs officially starts construction
Josh Green
Wed, 01/15/2025 – 12:42
After two and ½ years of planning, demolition, and financing negotiations, Johns Creek’s long-held dream of building a city center is officially underway as of this week, according to city and development officials.
Atlanta-based Toro Development Company on Monday announced the groundbreaking—and set a firm grand-opening date—for the $560-million, 43-acre Medley district in the well-to-do north Fulton County city.
According to TDC officials, Medley marks one of the only mixed-use projects of such complexity and scale to break ground nationally this year, as a lending environment they described as “frigid” lingers.
Prior to this week’s groundbreaking, Medley has managed to sign leases with more than 25 brands, including the first OTP outposts for beloved intown food-and-beverage concepts. A 350,000-square-foot office building at the site previously occupied by State Farm Insurance Co. has also been razed, while a smaller, four-story office structure will be adaptively reused and woven into new streets and plazas.
According to TDC, Medley is now set to open on Oct. 29, 2026. It will claim a moribund site surrounded by (obviously) alluring demographics where Johns Creek Parkway meets McGinnis Ferry Road.
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
TDC head Mark Toro said Medley’s broader goal is to create a “third place” from a “dead, suburban office park” where people can socialize and enjoy life outside of work and home.
“Similar to bringing Avalon to life from the rubble of a long abandoned project,” said Toro in an announcement, “Medley will rise from a sea of empty buildings to become the walkable, urban oasis the Johns Creek community deserves.”
In November, Medley secured $560 million in financing despite the headwinds of tough capital markets as U.S. banks remain on the sidelines, especially for retail-heavy ventures, per TDC officials. Phase one funding includes a $158 million construction loan from Mexico City-based Banco Inbursa and an equity investment from Denver-based real estate private equity firm Ascentris.
The Johns Creek City Council in October unanimously approved plans for a 175-key Medley hotel that TDC hopes will replicate the success of Avalon’s hospitality component.
Beyond the hotel, phase one is set to include roughly 180,000 square feet for retail, restaurant, and entertainment spaces, a 25,000-square-foot plaza, and 100,000 square feet of offices.
Residential plans call for 133 Empire Communities-built townhomes and 340 apartments in the initial phase.
Once that opens, TDC plans to host 200 events per year, ranging from live music and outdoor wellness classes to art festivals and watch parties, officials have said.
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
In terms of food offerings, Medley’s phase one will include the first suburban locations of Fadó Irish Pub and Little Rey, a Mexican concept by chef and restaurateur Ford Fry. Other announced tenants include CRÚ Food & Wine Bar, 26 Thai Kitchen and Bar, Five Daughters Bakery, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20, and AYA Medical Spa, among other concepts.
All told, Medley is expected to create 900 residences considered luxury-grade (all townhomes and apartments), another 20,000 square feet of retail, and an Avalon-style central greenspace designed for community events and gatherings.
Should Johns Creek’s broader plans fully come to fruition, Medley will eventually be just one facet of the city’s 192-acre Town Center, a blend of housing, hotels, offices, lakes, and greenspace about the size of Piedmont Park.
Some aspects of that vision are under construction now.
“A Johns Creek town center was once considered little more than a dream,” Mayor John Bradberry said in this week’s announcement. “With Boston Scientific [life science facilities] almost complete, Creekside Park construction in full swing, and now the official launch of Medley as the premium mixed-use linchpin, our town center is quickly becoming a reality.”
…
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The Medley site’s location in Johns Creek, in relation to Atlanta’s north OTP cities. Google Maps
The 43-acre Medley will be the first new section of Johns Creek’s Town Center concept. Toro Development Company; designs, Nelson Worldwide
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
Courtesy of Toro Development Company
Part of the 43-acre property, as seen along Johns Creek Parkway, while still actively used by State Farm in 2017. Google Maps
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
‘Walkable, urban oasis’ in northern ‘burbs officially starts construction
Josh Green
Wed, 01/15/2025 – 12:42
After two and ½ years of planning, demolition, and financing negotiations, Johns Creek’s long-held dream of building a city center is officially underway as of this week, according to city and development officials.
Atlanta-based Toro Development Company on Monday announced the groundbreaking—and set a firm grand-opening date—for the $560-million, 43-acre Medley district in the well-to-do north Fulton County city.
According to TDC officials, Medley marks one of the only mixed-use projects of such complexity and scale to break ground nationally this year, as a lending environment they described as “frigid” lingers.
Prior to this week’s groundbreaking, Medley has managed to sign leases with more than 25 brands, including the first OTP outposts for beloved intown food-and-beverage concepts. A 350,000-square-foot office building at the site previously occupied by State Farm Insurance Co. has also been razed, while a smaller, four-story office structure will be adaptively reused and woven into new streets and plazas.
According to TDC, Medley is now set to open on Oct. 29, 2026. It will claim a moribund site surrounded by (obviously) alluring demographics where Johns Creek Parkway meets McGinnis Ferry Road.
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
TDC head Mark Toro said Medley’s broader goal is to create a “third place” from a “dead, suburban office park” where people can socialize and enjoy life outside of work and home.
“Similar to bringing Avalon to life from the rubble of a long abandoned project,” said Toro in an announcement, “Medley will rise from a sea of empty buildings to become the walkable, urban oasis the Johns Creek community deserves.”
In November, Medley secured $560 million in financing despite the headwinds of tough capital markets as U.S. banks remain on the sidelines, especially for retail-heavy ventures, per TDC officials. Phase one funding includes a $158 million construction loan from Mexico City-based Banco Inbursa and an equity investment from Denver-based real estate private equity firm Ascentris.
The Johns Creek City Council in October unanimously approved plans for a 175-key Medley hotel that TDC hopes will replicate the success of Avalon’s hospitality component.
Beyond the hotel, phase one is set to include roughly 180,000 square feet for retail, restaurant, and entertainment spaces, a 25,000-square-foot plaza, and 100,000 square feet of offices.
Residential plans call for 133 Empire Communities-built townhomes and 340 apartments in the initial phase.
Once that opens, TDC plans to host 200 events per year, ranging from live music and outdoor wellness classes to art festivals and watch parties, officials have said.
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
In terms of food offerings, Medley’s phase one will include the first suburban locations of Fadó Irish Pub and Little Rey, a Mexican concept by chef and restaurateur Ford Fry. Other announced tenants include CRÚ Food & Wine Bar, 26 Thai Kitchen and Bar, Five Daughters Bakery, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20, and AYA Medical Spa, among other concepts.
All told, Medley is expected to create 900 residences considered luxury-grade (all townhomes and apartments), another 20,000 square feet of retail, and an Avalon-style central greenspace designed for community events and gatherings.
Should Johns Creek’s broader plans fully come to fruition, Medley will eventually be just one facet of the city’s 192-acre Town Center, a blend of housing, hotels, offices, lakes, and greenspace about the size of Piedmont Park.
Some aspects of that vision are under construction now.
“A Johns Creek town center was once considered little more than a dream,” Mayor John Bradberry said in this week’s announcement. “With Boston Scientific [life science facilities] almost complete, Creekside Park construction in full swing, and now the official launch of Medley as the premium mixed-use linchpin, our town center is quickly becoming a reality.”
…
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The Medley site’s location in Johns Creek, in relation to Atlanta’s north OTP cities. Google Maps
The 43-acre Medley will be the first new section of Johns Creek’s Town Center concept. Toro Development Company; designs, Nelson Worldwide
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
Courtesy of Toro Development Company
Part of the 43-acre property, as seen along Johns Creek Parkway, while still actively used by State Farm in 2017. Google Maps
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
Subtitle
43-acre Medley project aims to start opening at “dead” Johns Creek office park next year
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Johns Creek
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Medley
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‘Walkable, urban oasis’ in northern ‘burbs officially starts construction
Josh Green
Wed, 01/15/2025 – 12:42
After two and ½ years of planning, demolition, and financing negotiations, Johns Creek’s long-held dream of building a city center is officially underway as of this week, according to city and development officials.
Atlanta-based Toro Development Company on Monday announced the groundbreaking—and set a firm grand-opening date—for the $560-million, 43-acre Medley district in the well-to-do north Fulton County city.
According to TDC officials, Medley marks one of the only mixed-use projects of such complexity and scale to break ground nationally this year, as a lending environment they described as “frigid” lingers.
Prior to this week’s groundbreaking, Medley has managed to sign leases with more than 25 brands, including the first OTP outposts for beloved intown food-and-beverage concepts. A 350,000-square-foot office building at the site previously occupied by State Farm Insurance Co. has also been razed, while a smaller, four-story office structure will be adaptively reused and woven into new streets and plazas.
According to TDC, Medley is now set to open on Oct. 29, 2026. It will claim a moribund site surrounded by (obviously) alluring demographics where Johns Creek Parkway meets McGinnis Ferry Road.
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
TDC head Mark Toro said Medley’s broader goal is to create a “third place” from a “dead, suburban office park” where people can socialize and enjoy life outside of work and home.
“Similar to bringing Avalon to life from the rubble of a long abandoned project,” said Toro in an announcement, “Medley will rise from a sea of empty buildings to become the walkable, urban oasis the Johns Creek community deserves.”
In November, Medley secured $560 million in financing despite the headwinds of tough capital markets as U.S. banks remain on the sidelines, especially for retail-heavy ventures, per TDC officials. Phase one funding includes a $158 million construction loan from Mexico City-based Banco Inbursa and an equity investment from Denver-based real estate private equity firm Ascentris.
The Johns Creek City Council in October unanimously approved plans for a 175-key Medley hotel that TDC hopes will replicate the success of Avalon’s hospitality component.
Beyond the hotel, phase one is set to include roughly 180,000 square feet for retail, restaurant, and entertainment spaces, a 25,000-square-foot plaza, and 100,000 square feet of offices.
Residential plans call for 133 Empire Communities-built townhomes and 340 apartments in the initial phase.
Once that opens, TDC plans to host 200 events per year, ranging from live music and outdoor wellness classes to art festivals and watch parties, officials have said.
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
In terms of food offerings, Medley’s phase one will include the first suburban locations of Fadó Irish Pub and Little Rey, a Mexican concept by chef and restaurateur Ford Fry. Other announced tenants include CRÚ Food & Wine Bar, 26 Thai Kitchen and Bar, Five Daughters Bakery, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20, and AYA Medical Spa, among other concepts.
All told, Medley is expected to create 900 residences considered luxury-grade (all townhomes and apartments), another 20,000 square feet of retail, and an Avalon-style central greenspace designed for community events and gatherings.
Should Johns Creek’s broader plans fully come to fruition, Medley will eventually be just one facet of the city’s 192-acre Town Center, a blend of housing, hotels, offices, lakes, and greenspace about the size of Piedmont Park.
Some aspects of that vision are under construction now.
“A Johns Creek town center was once considered little more than a dream,” Mayor John Bradberry said in this week’s announcement. “With Boston Scientific [life science facilities] almost complete, Creekside Park construction in full swing, and now the official launch of Medley as the premium mixed-use linchpin, our town center is quickly becoming a reality.”
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Johns Creek news, discussion (Urbanize Atlanta)
Tags
11650 Johns Creek Parkway
Medley
The Hotel at Medley
Town Center
Toro Development Company
Mixed-Use Development
Alpharetta
Johns Creek Parkway McGinnis Ferry
Avalon
Colony Square
TDC
U.S. Realty Advisors
Third Place
Fulton County
Town Center Vision and Plan
State Farm
State Farm Insurance Co.
OTP
Atlanta Development
Atlanta Suburbs
Mark Toro
Kimley-Horn & Associates
Boston Scientific
Franklin Street
Stream Managing
Nelson Worldwide
Site Solutions
Johns Creek City Council
Johns Creek Town Center Vision and Plan
Johns Creek City Hall
Creekside Park
Adaptive-Reuse
Adaptive-Reuse Development
Little Rey
Fadó Irish Pub
Banco Inbursa
Ascentris
Empire Communities
Images
The Medley site’s location in Johns Creek, in relation to Atlanta’s north OTP cities. Google Maps
The 43-acre Medley will be the first new section of Johns Creek’s Town Center concept. Toro Development Company; designs, Nelson Worldwide
Projected look of Medley’s repurposed office building, next to a standalone restaurant and central plaza. Courtesy of Toro Development Company
How the 175-key boutique hotel is expected to relate to a Medley greenspace and retail. Courtesy of Toro Development Company
Courtesy of Toro Development Company
Courtesy of Toro Development Company
Part of the 43-acre property, as seen along Johns Creek Parkway, while still actively used by State Farm in 2017. Google Maps
Earlier overview of the Medley site’s two mid-rise office buildings formerly occupied by State Farm Insurance Co. The building at bottom is being incorporated into the new project; the other has been razed. Google Maps
Subtitle
43-acre Medley project aims to start opening at “dead” Johns Creek office park next year
Neighborhood
Johns Creek
Background Image
Image
Associated Project
Medley
Before/After Images
Sponsored Post
Off
Warehouse Developer Buys 66 Acres near NE Georgia Inland Port
Warehouse Developer Buys 66 Acres near NE Georgia Inland Port
Alliance Industrial Company purchased 66.75 acres of land near the Northeast Georgia Inland Port in Gainesville, Georgia. The company will develop two speculative industrial buildings totaling 540,408 square feet. Building 100 will be 113,536 square feet and Building 200 will be 426,872 square feet. The park will be named Alliance 985 Business Park.
Avison Young’s Chris Hoag, Jason Holland, and Andrew Joyner arranged the transaction on behalf of Alliance and have been tapped to handle leasing. Stephen Lovett and Zach Tibbs of Norton Commercial represented one of the four parcels of land.
Alliance will break ground on the project in Q1 2025 and is slated to deliver in early 2026. With immediate access to I-985 and within 15 miles of I-85, the park offers excellent connectivity to local, regional, and national distribution channels. Tenants will benefit from proximity to key logistics hubs such as UPS and FedEx.
The post Warehouse Developer Buys 66 Acres near NE Georgia Inland Port appeared first on Connect CRE.
Alliance Industrial Company purchased 66.75 acres of land near the Northeast Georgia Inland Port in Gainesville, Georgia. The company will develop two speculative industrial buildings totaling 540,408 square feet. Building 100 will be 113,536 square feet and Building 200 will be 426,872 square feet. The park will be named Alliance 985 Business Park. Avison Young’s …
The post Warehouse Developer Buys 66 Acres near NE Georgia Inland Port appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Alliance Industrial Company purchased 66.75 acres of land near the Northeast Georgia Inland Port in Gainesville, Georgia. The company will develop two speculative industrial buildings totaling 540,408 square feet. Building 100 will be 113,536 square feet and Building 200 will be 426,872 square feet. The park will be named Alliance 985 Business Park. Avison Young’s …
The post Warehouse Developer Buys 66 Acres near NE Georgia Inland Port appeared first on Connect CRE.