$370M mixed-use giant Halcyon to soon join Avalon, others OTP

Halcyon is a $350 million mixed-use village planned by RocaPoint Partners in Forsyth County.

Metro Atlanta’s next mixed-use giant will open soon in southern Forsyth County, following a trend of swanky, sprawling developments outside the Perimeter.

Halcyon — a $370 million mini-city with restaurants, retail, offices and homes — will open on Sept. 18, developers announced Monday.

The a 135-acre property is located on Ga. 400 at 6365 Halcyon Way in the southern part of Forsyth County near Alpharetta. Forsyth has about 235,000 residents.

The Atlanta Journal-Constitution reported in February that Halcyon will include half-a-million square feet of retail and office space, one of those fancy and boozy dine-in movie theater, two future hotels and more than 650 residential units.

RocaPoint Partners, which acquired the property in 2015, also announced on Monday another wave of tenants, including Cherry Street Brewpub, a Kilwins fudge and ice cream shop and CT Cantina Taqueria, described as a "fresh take on Latin fare."

This is what the Cherry Street Brewpub location at Halycon looked like in August. (Provided by The Wilbert Group)

Credit: Provided by The Wilbert Group

Credit: Provided by The Wilbert Group

Halcyon will be about 25 miles north of downtown Atlanta, and it follows the larger trend of suburbanites seeking dense, high-end options for dining, shopping and living — think The Battery complex attached to the Braves' SunTrust Park or Gwinnett County's proposed 120-acre Infinite Energy campus project currently dubbed "Revel" with 800,000 square feet of office space and more than 950 residential units.

Halcyon will be the third massive mixed-use development in or near Alpharetta.

READ | North Point Mall's massive mixed-use plan is another suburban trade-off

Avalon opened in 2014, kicking off the modern mixed-use frenzy outside the Perimeter. What was a muddy hill became half-a-million square feet of posh retail, 250 apartments and a luxury hotel.

Then there's the North Point Mall project in Alpharetta. The Alpharetta City Council in February voted to approve the project, which plans to revitalize a dated mall into a 24,000-square-foot development with greenspace and 300 apartments. The 175 one-bedroom apartments are expected to start at $1,400 a month and 125 two-bedroom units will cost $1,900 monthly.

One of the two residential developers for Halcyon, Edward Andrews Homes, said online that its townhomes and single-family residents would start at the low $400,000s and reach into the $600,000s.

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The project should be completed by the end of September, ?€œbarring any complications,?€ the Braves said.

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