Emory Point Lands Inaugural Retail Tenants
- Nov 15, 2011
In a step forward for Emory Point, the $250 million mixed-use project has signed its first retail tenants. The inaugural group will include CVS, Jos A. Bank, Marlow’s Tavern, Which Wich, Solar Dimensions and Carriage Cleaners, said the project’s lead developer, Cousins Properties Inc. Emory Point’s retail space will be the local market’s first in 20 years.
“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, Cousins President and CEO. “Additionally, Emory Point retailers will create approximately 600 jobs for the local community.”
Cousins is partnering with Gables Residential on project, located in the Clifton Corridor adjacent to the Centers for Disease Control and Prevention. Emory Point is the largest private development to get under way in Atlanta’s Perimeter in more than three years. The $110 million first phase will include 443 luxury apartments and more than 80,000 square feet of retail, and is scheduled for fall 2012 completion. Construction started in mid-July, 2011. Timing of two future phases will hinge on market demand, the developers said.