Alpharetta - Milton Edition - July 2020

REAL ESTATE 2020EDITION

DEVELOPMENT UPDATES

Developments underway in your community

COMPILED BY KARA MCINTYRE

KARA MCINTYRECOMMUNITY IMPACT NEWSPAPER

KARA MCINTYRECOMMUNITY IMPACT NEWSPAPER

KARA MCINTYRECOMMUNITY IMPACT NEWSPAPER

CRABAPPLEMARKETWEST Orkin & Associates is working on expanding the existing Crabapple Market development in downtown Milton. The expansion adds retail, restaurant and oce space; a parking deck; and high-end residential units, with a performance stage on The Green coming in the future.

CROSSROADS BRAEBURN Development company Folia Group is constructing nine luxury townhome units separated into three buildings on Heritage Walk adjacent to Milton City Hall. Two units were still available to lease as of press time July 14. Space: 30,000 square feet Timeline: early 2020-fourth quarter 2020 (rst three units), fall 2021 (total project)

THEMAXWELL The Providence Group and Mayfair Street Partners are developing a mixed-use project, The Maxwell, on Devore Road in Alpharetta. The entire project features a commercial portion with retail, dining and oce space and a residential portion made up of single-family homes, townhomes and condos. Space: 35,000 square feet (retail, restaurant, oce) Timeline: late 2019-summer 2020

Space: About 73,000 square feet Timeline: fall 2020-summer 2021

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HAYNES BRIDGE RD.

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MARKET DISTRICT AT CRABAPPLE This high-density, mixed-use development has been under construction in the city of Milton—located on the east side of Birmingham Highway and just south of Crabapple Crossing Elementary School—since early February, and the rst three of the project’s eight buildings are set to open in the fall after a brief delay in construction in March due to the ongoing COVID-19 pandemic. “Like everyone, it seemed like the world came to a grinding halt in March, but after we gured out all the implications, our construction got back on track ... and is steadily moving forward,” said Brent Beecham, one of the developers of the project. “Truthfully, if you stand on top of our buildings and you look out over the town, you realized just how much changed while most people were sheltering in place.” The project, under construction by Market District Development LLC, includes oce and restaurant space, a food hall with a mezzanine bar and 42 condo units, 80% of which are designated for active seniors age 55 and older. The development has a locally owned Starbucks and a jazz club/speakeasy under contract in Buildings 1 and 2, respectively, Beecham said. Retail and oce space are still available, as are 15 condo units. “Though many restaurateurs have had to focus on existing locations, we are now seeing new franchises express interest in our project,” Beecham said. “Our chef curator is personal friends with many of the restaurateur chefs we have been working with, so we have no concern that once things have stabilized, we’ll see them add new locations or

KARA MCINTYRECOMMUNITY IMPACT NEWSPAPER

TOWN CENTER EAST This mixed-use project, under construction on Mayeld Road in downtown Milton across from the Milton Library, consists of street-level retail space with oce space on the second and third oors. According to owner John Gaston, 56% of the building was pre-leased as of press time July 14. Space: 44,000 square feet Timeline: fall 2019-August 2020

COURTESY MARKET DISTRICT DEVELOPMENT LLC

concepts in Market District Crabapple.” Space: 172,000 square feet (all buildings) Timeline: February-November (Buildings 1 and 2)

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