Emory Healthcare will become an anchor tenant at Northlake Mall in Tucker, developers of the project announced Thursday.
The health-care system will occupy the former Sears building and an additional portion of the mall, leasing a total of 240,000 square feet of space, according to Texas-based ATR Corinth Partners. The space will be able to accommodate 1,600 employees. It is not been determined if medical offices will be a part of the project.
Officials said the effort should increase foot traffic to the mall, which could one day be converted into a mixed-use development.
“Emory’s presence will add more daytime traffic to an already vibrant residential community surrounding the project,” said Tony Ruggeri, a partner with ATR Corinth Partners. “It’s a winning formula to support retail and restaurants, which has worked for us in previous mall redevelopments.”
The mall, which is a million-square-foot, was purchased by ATR Corinth Partners in 2016.
The announcement comes five months after Tucker annexed the struggling mall into its city limits. At the time, developers hinted they would convert the mall into a mixed-use development that will include more office and retail spaces and fast-casual restaurants.
City officials welcomed the addition of the mall partly because of the revenue Tucker will gain from its stores and restaurants, The Atlanta Journal-Constitution previously reported. Tucker makes the bulk of its revenue from business licenses and fees since residents and businesses do not pay property taxes to the city.
Construction is expected to begin on retail shops next year.
“We want to provide retail and restaurant options, along with welcoming gathering spaces, to reconnect the community with Northlake as a place to spend time with family and friends,” said. Frank Mihalopoulos, partner with ATR Corinth Partners.
JCPenney and Macy’s will remain anchor tenants and will be open during construction.
— Staff writer J.D. Capelouto contributed to this article.
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