Brookhaven’s Corporate Square gets new name – Northbend
Courtesy of Third Urban Key Points Corporate Square will encompass acres at the former Corporate Square property Phase one of the project will see square feet of retail multifamily units rental townhomes for-sale townhomes and corporate housing units percent of the rental units will be designated as affordable housing Atlanta-based real estate company Third Urban and its capital partner HighBrook Investors have completed the assembly of acres fat the former Corporate Square and renamed the project named Northbend in reference to the bend of Peachtree Creek along the property s northern perimeter Brookhaven City Council voted unanimously this spring to approve the rezoning of Corporate Square rubber-stamping real estate developer Third Urban to move forward with plans to convert the massive office park to residential retail restaurant and recreation spaces Welcome to Brookhaven Mayor John Park declared at the Tuesday April city council meeting Located in Brookhaven between Buford Highway and I- the property has eight underutilized office buildings which will be demolished to allow for new infrastructure and improved road networks Corporate Square Photo by Cathy Cobbs Design plans are underway with an expected groundbreaking next summer Northbend is estimated to generate million in annual tax revenue for the city upon completion the release reported and will create more than construction jobs and permanent jobs Northbend will transform an outdated underutilized office park into a vibrant gathering place for the Brookhaven region and beyond Hank Farmer partner at Third Urban noted in the release This redevelopment is a catalyst for economic upsurge by bringing more housing green space retail and connectivity to the area s fast-growing employment center Northbend s first phase will encompass square feet of retail multifamily units rental townhomes for-sale townhomes corporate housing units and a one-acre activated Populace Plaza Ten percent of the project s rental units will be designated as affordable housing The retail offerings will be food- and beverage-oriented in partnership with local businesses already established in the Buford Highway corridor Third Urban is pursuing LEED certification for Neighborhood Growth and upon completion residents green space will total approximately five acres across the site Northbend will also connect with the Peachtree Creek Greenway which will eventually tie to the Atlanta Beltline Path and the Southeast Conservancy nature trails according to the release Third Urban will preserve a large tree canopy along the Greenway incorporate residents art throughout the maturation and perform infrastructure improvements on roads sidewalks and linear parks Third Urban has developed notable projects in Atlanta such as Common Ground with New Realm Brewing Westside Paper Armour Yards and a in recent weeks acquired retail district in Virginia-Highlands Third Urban also of late declared plans for its project with Trammell Crow Company Hillcrest an -acre mixed-use advance in the heart of Sandy Springs The post Brookhaven s Corporate Square gets new name Northbend appeared first on Rough Draft Atlanta
