Southeast Real Estate Business

OCT 2016

Southeast Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Southeast United States.

Issue link: http://southeastrealestatebusiness.epubxp.com/i/735102

Contents of this Issue

Navigation

Page 49 of 56

www.REBusinessOnline.com Southeast Real Estate Business • October 2016 • 49 to be really successful. From a public- private side, it's integrated all the way through. Activating those spaces, even though we have a government cen- ter that was Monday through Friday, and a performing arts center that's activated every night, creating those activity nodes that will be operating year-round was part of the discussion. France: What type of retail are you planning? Chitty: Really just restaurants and entertainment. That's going to be the draw. People can go from dinner to a show; mothers and families can go to the park and then grab some ice cream or pizza. We've gone through the spectrum to activate those spaces. I don't see us having apparel or soft goods. It's 28,000 square feet of retail within the Market Square area of the project. Cadranel: My office is in Sandy Springs and my next home is under construction in Sandy Springs, so I'm all in. We couldn't be more excited about what the City Springs district is becoming. It's enhanced all of our investments and is raising the tide for Sandy Springs and for all of us. Each one of our projects has made signifi- cant contributions to improve trans- portation thru the district. At the end of the day there's not one solution to improving the flow along Roswell Road, it will take a number of incre- mental solutions, several of which are already underway. As part of The Cliftwood develop- ment, we're creating a new public street called Cliftwood Way to further the vision for a new grid system de- signed to help relieve local commut- er's reliance on Roswell Road. Clift- wood Way parallels Roswell Road to the west and connects Allen Road to Cliftwood Drive and the all-important traffic signal at Cliftwood Drive and Roswell Road. With that, The Clift- wood and other area residents and The Plaza's patrons can easily come and go in all directions as opposed to being limited to just one curb cut on and off Roswell Road. We've designed our projects so that many of residents and neighborhood patrons can avoid ever having to touch Roswell Road. When you look at The Plaza re- tail component and what it will do to improve traffic, you'll see that we are consolidating and redevelop- ing 5 individual properties with four curb cuts on Roswell Road and about 27,000 square feet of dilapidated bars and auto service buildings into a new cohesive 27,000-square-foot retail and restaurant center with one curb cut on Roswell Road and its own direct access to Cliftwood Way and Clift- wood Drive. The city also recently began work realigning the disjointed intersection of Carpenter Drive and Cliftwood Drive. Very soon Carpen- ter Road will be shifted north to a di- rect alignment with Cliftwood Drive and what will be a true signalized four way intersection with Roswell Road. That realignment alone will dramatically improve the flow of traf- fic through the area. From the start we've been com- mitted to redeveloping as much of this block along Roswell Road as we could. In addition to The Cliftwood apartment project, Arris Realty Part- ner's has also assembled five adjacent parcels along Roswell Road and Clift- wood Drive including the old Taco Mac, Cartunes and Cocktail Cove. The Plaza totals 27,000 square feet of retail and restaurants and together with our adjacent Cliftwood apartment project brings a long overdue sense of place to this stretch of Roswell Road. So many people remember the old Cock- tail Cove palm trees that are still on the property and ask if they can buy them. Maybe we'll hold a charity auc- tion? We're very excited to be redefin- ing this block of Roswell Road. Right now it's not a very walkable or inviting section, but we're making it very pedestrian friendly with 11-foot sidewalks, an enhanced streetscape program and inter-connectivity be- tween our retail and apartment de- velopments. If you happen to live in a home anywhere between Roswell Road and Powers Ferry Landing you can patronize our restaurants and re- tail without ever having to get on Ro- swell Road. The more each of our projects can consolidate curb cuts and create al- ternative means of ingress and egress and avoid relying solely on Roswell Road, the more we'll start to diffuse traffic through the area. Hopefully we, other area developers, and the city can also figure out some sort of mass tran- sit system to take people bound for all Corporate Headquarters 4695 South Atlanta Rd SE Atlanta GA 30339 404-792-1911 Driven by the moral benefits of hard work since 1953 Grocery Anchored Centers Multi Screen Cinemas Big Box Retail East Coast Office 3126 W Cary St Suite 690 Richmond VA 23221 804-510-3430 Contact: Channing Mason 804-874-8444 cmason@benningnet.com www.benningnet.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Southeast Real Estate Business - OCT 2016