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Friday, April 27, 2012

Alpharetta "Avalon" Project Given the Green Light


Earlier this week, North American Properties was given the green light to proceed with the $600 million “Avalon” mixed-use facility in Alpharetta, GA.  The Atlanta hospitality project is slated to begin later this year.  The 87-acre center will house a combination of high-end retail, residential and commercial properties.  Celebrated as the first mixed-use project of its kind in the Southeast, the “Avalon” was designed with the goal of creating a more engaging, inviting experience for patrons.  





Project highlights:

  •  559,000 square feet (shops, restaurants, specialty grocery chains)
  • 14-screen movie theater
  • 300-room full service hotel
  • 175-room boutique hotel
  • Two 200,000 square-foot buildings
  • 85,000 square feet of office loft space 
  • 5,000-square-foot banking facility
  • Public space to be devoted to specialized programming


The “Avalon” Community …

The “Avalon” Atlanta hospitality project will also include residential housing.  There will be 250 luxury rental residential units owned, leased and operated by property NAP.  Monte Hewett Homes will oversee the townhome construction component of the project.  The company will build 132 townhomes and single-family units in the “Avalon”.  The “Avalon” community will include a pool, clubroom and a playground for Alpharetta families.  

The project is expected to open in October of 2013. 
  
Read more on the Alpharetta Avalon project

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