Peachtree Corners has sold the town center property to Atlanta-based Fuqua Development. The developer expects to break ground this spring. The 21-acre site will be a mixed-use development with a theater, restaurants, retail shops, office space, townhomes and a town green.
The sale, which took place on Feb. 28, follows Fuqua Development meeting its pre-leasing target of 60 percent that includes the center’s anchor tenant, Cinebistro. The Town Center will feature at least 10 restaurants, ground floor retail space and second floor office space and 2-acre town green for community gatherings and events.
The development includes over 70 high-end townhomes to be built by Inline Construction. Work on the three-story townhomes is also expected to start this spring.
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