NEWS

Snellville food hall underway at new town center

Aug 3, 2023 in Atlanta Business Chronicle, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Snellville food hall underway at new town center

Construction is starting on the brick centerpiece of The Grove at Towne Center, a major redevelopment project aimed at creating a downtown environment in Snellville. A two-story food and entertainment hall known as The Market is now underway. The 24,000-square-foot building will be one of the final pieces of the town center, which will comprise of a library, shops, restaurants, apartments, public space and other uses. In 2019, Snellville tapped CASTO and MidCity Real...

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Some Atlanta Suburbs Craving Walkability Are Coming Around On Apartments

Jun 14, 2023 in Alpharetta, BisNow, Development, MidCity Real Estate Partners, Sandy Springs, Snellville

Some Atlanta Suburbs Craving Walkability Are Coming Around On Apartments

Density is still a dirty word in many suburban cities and towns throughout Georgia. But some cities in Atlanta’s belt of northern suburbs are starting to embrace larger developments with apartments and a mix of commercial units, at times defying NIMBYism, developers said during Bisnow’s Atlanta State of the Market event last week. “Suburban and municipal governments in every northern arc city and county in Metro Atlanta has been afraid of density, afraid of...

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Atlanta Office Leasing Picks Up Speed, But Sublease Availability Is Growing Faster

Apr 25, 2023 in BisNow, Kirk Demetrops, MidCity Real Estate Partners

Atlanta Office Leasing Picks Up Speed, But Sublease Availability Is Growing Faster

Companies offering their space for lease to other businesses are an increasingly large factor in the Atlanta office market. There was 7.7M SF of office space on the sublease market in Atlanta at the end of the first quarter, 34% more than a year ago and a new all-time high for the region, according to Avison Young’s quarterly report. Roughly 2.1M SF of that availability is currently vacant, while the majority of the sublease...

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Sandy Springs nears plan for city center expansion

Mar 21, 2023 in Atlanta Business Chronicle, Development, MidCity Real Estate Partners, Sandy Springs

Sandy Springs nears plan for city center expansion

Sandy Springs is keen on a southern expansion of City Springs, a project aimed at creating a downtown environment in the North Fulton suburb. Local leaders recently agreed to consider selecting a master developer for the 4-acre expansion, which would take shape along Mount Vernon Highway and Hildebrand Drive near Sandy Springs Circle. The city will choose between five real estate companies, mostly comprised of Atlanta-based firms with experience creating mixed-use projects in the...

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Owners Of North Fulton’s Outdated Office Parks Look To Mixed-Use It Up But Risk ‘Oversaturation’

Sep 2, 2022 in Development, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Owners Of North Fulton’s Outdated Office Parks Look To Mixed-Use It Up But Risk ‘Oversaturation’

The suburban office parks that dot North Fulton County are growing more obsolete by the month, a trend that could lead to a wave of demolitions as developers strive to make their properties relevant in today’s corporate environment, one industry veteran said at a Bisnow event Tuesday.   “I think for every four-building office project, one might get torn down … to pave the way for density of other types versus trying to redo...

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Northside to anchor phase II at Snellville’s The Grove at Towne Center

Aug 30, 2022 in Development, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Northside to anchor phase II at Snellville’s The Grove at Towne Center

As construction and excitement continue to grow about The Grove at Towne Center, Development Partners CASTO and MidCity Real Estate Partners, along with the City of Snellville and the Downtown Development Authority, are excited to announce the addition of Northside Hospital to The Grove. In a transaction that closed at the end of May, Northside Hospital will occupy two buildings in Phase II of Snellville’s new City Center. The Northside Hospital buildings will include...

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Northside Hospital is coming to Snellville’s Grove at Towne Center

Jun 17, 2022 in Development, Gwinnett Daily Post, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Northside Hospital is coming to Snellville’s Grove at Towne Center

Snellville’s new downtown was already slated to include a library, apartments and market, but now its going to get Northside Hospital facilities as well. The city and Northside officials announced Northside Hospital will be part of Phase II of The Grove at Towne Center mixed-use development. The hospital system will have offices in two buildings in the development, and those offices are expected to open in the second quarter of 2023. “Northside has an...

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Snellville’s long-awaited ‘Grove’ downtown district starting to take shape

May 24, 2022 in Development, Kirk Demetrops, MidCity Real Estate Partners, Snellville, The Atlatna Journal-Constitution

Snellville’s long-awaited ‘Grove’ downtown district starting to take shape

The Atlanta Journal-Constitution is providing this content as part of our public service mission. Please support real, local journalism by subscribing today. For decades, the idea of a mixed-use downtown district in the heart of Snellville was only a dream in the minds of city leaders. But that has changed in the last year. Dirt has been turned, concrete has been poured, and steel and wood frames as well as brick walls have begun...

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Snellville completes first structure for new town center

Dec 15, 2021 in Development, Kirk Demetrops, MidCity Real Estate Partners, Snellville, The Atlatna Journal-Constitution

Snellville completes first structure for new town center

Snellville has finished constructing the first of several structures that will be part of the first $95 million phase of its de facto downtown. City officials gathered this month to celebrate a “topping-out” ceremony for the 750-space parking garage that will be part of The Grove at Towne Center. The $12 million structure sits at the corner of Wisteria Drive and North Road, providing easy access to the new apartments and library branch being...

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Snellville building its ‘heart’ with Towne Center project

Sep 1, 2021 in Development, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Snellville building its ‘heart’ with Towne Center project

If Snellville were to be compared to a body, then city officials are working on creating the thing that will give it life.   A heart. Or municipal version of a heart: a downtown.   That is what Snellville officials see as being the driving force behind The Grove at Towne Center project that broke ground earlier this year. The project will see the creation of a downtown district within walking distance of City...

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