ATLANTA, GA (Nov. 4, 2011) – Cousins Properties Incorporated (NYSE: CUZ) today announced the first group of retailers to sign leases at Emory Point rendering (top left photo). Located in the Clifton Corridor, adjacent to the Centers for Disease Control and Prevention and in close proximity to Emory University and Emory Healthcare, Emory Point is a vertically integrated mixed-use development.
The first group of retailers includes: CVS, Jos A. Bank, Marlow’s Tavern, Which Wich, Solar Dimensions and Carriage Cleaners.
“From locally owned stores and restaurants to national chains, Emory Point will provide the trade area with a unique mix of upscale retail and restaurant options,” said Larry Gellerstedt (middle right photo), Cousins President and CEO. “Additionally, Emory Point retailers will create approximately 600 jobs for the local community.”
The $100+ million Phase I of the project will include more than 80,000 square feet of retail space and 443 luxury apartments. Construction began in July and is expected to be complete by fall 2012. The second and third phases of the project will be developed according to market demand.
The development includes the first new retail project built in the trade area in 20 years; the largest private development start inside the Perimeter in more than three years; and the first partnership between Cousins and Gables – two Atlanta-based development companies.
Contact:
Matt Scofield
JACKSON SPALDING for Cousins Properties
Image Creation, Cultivation and Communication
P 404.214.3554
No comments:
Post a Comment