Two Powers Ferry Road redevelopment projects that are considered major efforts to revitalize that corridor are starting to take initial shape. Over the weekend we swung by both to capture the work in progress.
Above is the parking deck for a apartment building at MarketPlace Terrell Mill, fronting Powers Ferry, where a low-slung office park once stood. When its complete, the nearly 300-unit apartment building will wrap around the deck, which won’t be visible like it is now.
Along Terrell Mill Road, the only other structure going up for now is a self-storage building, next to the Salem Ridge condominiums.
The $120 million MarketPlace Terrell Mill project, being built by Eden Rock Real Estate Partners, will include a Kroger superstore, restaurants and other shops and retail space. Here’s the promotional brochure and a rendering Eden Rock is sending out to prospective tenants; none other than Kroger have been announced thus far.
Eden Rock partner Brandon Ashkouti told the Powers Ferry Corridor Alliance this spring that the timetable for completion of MarketPlace Terrell Mill is around 24 months.
That was before the Georgia Supreme Court in June upheld the issuance of Cobb Development Authority bonds for Kroger, which had applied for a tax abatement that was challenged legally.
Kroger, which will build on the site of the former Brumby Elementary School as the last phase of the MarketPlace Terrell Mill development, qualified for the abatements since the land was on the county’s redevelopment list.
The dental office that’s gone up at the corner of Powers Ferry and Terrell Mill is not part of the MarketPlace project.
Down the road on Powers Ferry, what has been called Restaurant Row is no more. Clearing and grading crews have flattened five free-standing buildings that housed restaurants, with only the Rose and Crown still in business.
Above is where the Rose and Crown once stood. It’s slated to be part of a new mixed-use development by Greystar Development Group, an Atlanta apartment developer, that includes a 280-unit apartment building (Elan at Powers Ferry), and a 170-unit senior living building (Overture at Powers Ferry) and restaurant/retail space.
Rose and Crown closed in July and its owners are running Mojave, a restaurant on Powers Ferry Road in Sandy Springs, until then.
The 8.8-acre tract fronts the entrance to the Wildwood office park. Construction also is expected to last for two years.
Get Our Free E-Mail Newsletter!
Every Sunday we round up the week’s top headlines and preview the upcoming week in the East Cobb News Digest. Click here to sign up, and you’re good to go!
