Friday, March 24, 2017

Is This Blog Site OPEN or CLOSED?

12/2/18  In blogosphere terms this is a relatively old blog and there will be no new updates unless something 'newsworthy' about this issue comes up.  

The material is good historically so if you are interested in the topic it is all awaiting your review.
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Build out work continues on the interior of the potential Whole Foods building.  Conflicting info is available as to whether or not WF will occupy the site and WF is being vague as an email shown below from them shows.

On 3/24 5-6 workers were doing light electrical work there, something that needs to be completed no matter who ends up in that store.








3/18/17

KENNESAW MARKETPLACE MALL 

The 52 acres of the Kennesaw Marketplace Mall will employ about 2,000 people in the $160,000,000 complex.  The retail space should be about 250,000 - 300,000 sq ft with 40 stores and restaurants.

The Whole Foods market, long set as a major ‘anchor’ tenant at the Fuqua mall may never open due to the restructuring of the Whole Foods company due to declining sales.  Comments from WF South are vague with ‘don’t call us - we’ll call you’ sort of replies to inquiries about their Kennesaw project.  The WF Harry’s Market in Marietta is reported to be closing. 

When the Regional mall is completed there will be a total of 19 restaurants near the Barrett and Cobb Parkway intersection, divided between the existing ones on the East side of Cobb Parkway and the new ones in the Marketplace Mall.  Far to many restaurants for those approx 65 acres in total, expect some of the new restaurants to close in 2017.

The 180 Overture at Barrett, Senior ‘Multifamily luxury apartments’ for those 55 and over are being developed and managed by Greystar and are located on the western end of the larger mall project.  

These units are 1 and 2 bedroom with either a private patio or balaony.  The buildings have elevators and amenities include a putting green, heated pool and walking trails.  Pricing is not available, but it is expected to be high.  

Some additional details are found at:  https://www.forrent.com/apartment-community-profile/1001825632