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| Mark Toro |
ATLANTA, GA – As the opening date draws closer for Phase I
of Avalon, a $600 million mixed-use development in Alpharetta, Georgia,
North American Properties (NAP) is moving forward with plans for Phase II.
The company recently secured commitments from Lily Pulitzer,
Brooks Brothers and Peek Boutique, who will be joined by 12 more retailers and
three restaurants in Phase II.
NAP has already had
tremendous success with Phase I of Avalon, which opens Oct. 30.
With only 10
weeks until the grand opening, the retail space is 97 percent leased and more
than 5,000 people are on a reserve list for 250 luxury rentals and 101
single-family homes.
“I’m confident the
development of Phase II of Avalon will contribute mightily to the community,
completing our vision of creating an unparalleled walkable, experiential
environment,” said Mark Toro, managing partner of North American
Properties.
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| Rendering of planned Avalon development, Alpharetta, GA |
“With Phase II, we are reaffirming our promise to Alpharetta
and the surrounding communities to conceive and deliver one of the most
innovative projects in the U.S.”
For a complete copy of the company’s news release, please
contact:
Suong Nguyen
The Wilbert Group
404-343-0637 (O)
678-642-4301 (C)
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