Retail and dining options are multiplying near Emory University. Project leaders tell Curbed Atlanta the 80,000 square-foot retail component of Emory Point's Phase I is nearly 90 percent committed, with three open slots remaining. Retailers at the $100+ million mixed-use development's first phase — a slate of local and national brands — flung open their doors last week. "Our commitment to bringing a diverse mix of retailers, restaurants and professional services to the area has resonated well with the surrounding neighborhoods and communities," Mike Cohn, Cousins Properties' executive vice president, said in a release. Overall, the project is the first ground-up retail development in the Emory area in more than 20 years — and the largest private development to start ITP since the heart of the recession.
What's next, you say? The project — a collaboration between Atlanta-based firms Cousins Properties and Gables Residential — shifts into the pre-development stages for Phase II. That phase, set to break ground this summer, is planned to include an additional 40,000 square feet of retail and residential space, the release states. Cohn said leasing for the 443 apartments built in Phase I is ongoing. The project's third phase will emerge according to market demand.
So besides apartments, what does Phase 1 have to offer? Here's a list of inaugural tenants: Jos. A. Bank Clothiers; LOFT by Ann Taylor; Lizard Thicket; Francesca's Collections; American Threads; Strippaggio and fab'rik; restaurants Tin Lizzy's; Marlow's Tavern; La Tagliatella; Burgerfi; Bonefish Grill; Which Wich; The General Muir; F2O; Sweet Monkey and Paradise Biryani Point; as well as Jazmin Spa and CVS Pharmacy.
What say you? Is this an encouraging economic indicator? Is that tenant roster enough reason to visit, if you don't live next door?