NEWS
Snellville, with Partners, Closes on Land Purchase for The Grove at Towne Center
Snellville, in a joint venture with CASTO and MidCity Real Estate Partners has closed on the purchase of the land and its loan with US Bank for Phase I of The Grove at Towne Center. Construction on the project’s $85 million first phase began in March with the multi-use project expected to open in late 2022/early 2023. “Every item we check off the list brings us one day closer to seeing The Grove...
read moreCity of Snellville Breaks Ground on The Grove at Towne Center
Snellville, GA — The City of Snellville, along with co-developers CASTO and MidCity, is pleased to announce that Mid Cast Snellville has commenced demolition and broken ground on The Grove at Towne Center. The ceremony initiated The Grove’s $85 million first phase, which is scheduled to begin to deliver in 2022. The City of Snellville and Mid Cast team have been working for more than three years to plan and design the project....
read moreSnellville: City, Developer Agree On City Market Development And Lease Agreement
SNELLVILLE — The city has agreed to partner with developer Mid Cast LLC to design, build and lease the prized City Market building planned for The Grove at Towne Center. “This is another major step in bringing a world-class development to the City of Snellville,” Mayor Barbara Bender said. “The City Market will be a centerpiece of The Grove and will draw visitors from across the region who want to enjoy a unique dining...
read moreA Ripple Effect in Atlanta
A Ripple Effect in Atlanta The Atlanta, Georgia real estate market is booming in both the commercial and residential sectors, and local MidCity Real Estate Partners has its hand in developing the flourishing metro area. The master developer recently completed two projects – 5616 Peachtree Road and Alpharetta City Center – with its newest development, The Grove at Town Center in Snellville, scheduled to break ground in the fall of 2020. 5616 Peachtree Road,...
read moreSnellville approves zoning for Towne Center project
“The Snellville City Council recently voted to approve the zoning needed to move forward with The Grove at Towne Center. Construction is anticipated to begin this summer on the 18-acre project with the Town Center opening late in 2021 or early 2022. ‘We look forward to the new community gathering space, beautiful new Gwinnett County Library and educational/business space and The Mercantile,’ said Snellville Mayor, Barbara Bender. ‘This new town center will create...
read moreAlpharetta City Center Sold to CBRE Global Investors
ATLANTA, GA (September 9, 2019) – MidCity Real Estate Partners proudly announces the sale of the award-winning Alpharetta City Center. CBRE Global Investors is one of the largest real estate investment firms in the world. “Alpharetta City Center is a general asset that solidifies Alpharetta as a premier suburban community.” said MidCity’s President and Founder Kirk Demetrops. Alpharetta City Center is a 26-acre mixed-use property developed in partnership with the city of Alpharetta....
read moreSnellville picks MidCity as developer for $85 million Towne Center project
Snellville is partnering with two developers on an $85 million first phase of its new town center, the latest suburban Atlanta city embracing the chance to create a vibrant downtown. The Grove at Towne Center will be led by a joint venture of Casto, a more than 90-year-old real estate company based in Columbus, Ohio, and MidCity Real Estate Partners, an Atlanta firm that brought walkable, mixed-use development to downtown Alpharetta. The...
read moreSnellville signs on to $85 million development with 250 apartments
Snellville leaders signed an agreement Monday to build an $85 million mixed use development as part of the Towne Center project. The Gwinnett city is entering a public-private partnership with commercial real estate company Casto and developer MidCity Real Estate Partners. The project is intended to be just the first phase of a greater development called The Grove at Towne Center. Towne Center is a separate city project intended to create a walkable space...
read moreWinter Construction leaving 50-story downtown tower for Chamblee
Winter Construction is leaving a 50-story downtown tower for creative office space in Chamblee. The nearly 60-year-old Atlanta company is relocating from 191 Peachtree to a small warehouse at 5616 Peachtree Road that is being renovated in downtown Chamblee. The Chamblee building will be converted into loft office space. Winter will serve as general contractor for the project. It plans to move into the building by February. “It’s the latest example of...
read moreAloft hotel planned for Sandy Springs
An Aloft hotel is planned for a new mixed-use project in Sandy Springs. A joint venture of Childress Klein and MidCity Real Estate Partners sold a 0.65-acre site for the 140-key hotel at its NorthPlace development. RevPAR Development paid $3 million for the site and will develop the hotel. It’s planned at Barfield Road and Mount Vernon Highway, near the headquarters of Mercedes-Benz U.S. and the Sandy Springs MARTA station. The NorthPlace project will...
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