Ground is expected to be broken this spring on Peachtree Corners’ new town center — a project that officials say will include a dine-in movie theater, “at least 10” restaurants, townhomes and more.
The city announced this week it had finalized the sale of the 21-acre property on the southern corner of Peachtree Parkway and Medlock Bridge Road. Fuqua Development — the Atlanta-based developer behind high-profile projects like The Battery Atlanta and Decatur Crossing — is now officially the owner.
The sale was completed Feb. 28 and came after Fuqua met its pre-leasing target of 60 percent, city officials said.
The development’s anchor tenant will be CineBistro, which bills itself as a “luxury dinner-and-a-movie theater with reserved seating, chef-prepared cuisine, fine wines [and] cocktails.” Last year, AJC readers voted its Brookhaven location the best movie theater in Atlanta.
Other offerings at Peachtree Corners’ town center will include “at least 10 quality restaurants, ground floor retail space, second floor office space” and a two-acre town green, city officials said. More than 70 three-story townhomes will be included as well.
Peachtree Corners expects to hold a public groundbreaking ceremony “sometime in May.”