2018 Gwinnett Market report

DECEMBER 14-20, 2018 ATLANTA BUSINESS CHRONICLE 3B efit by the largermeetings that theywill be able to attract.” Cities in Gwinnett are increasingly turning to dense mixed-use to revitalize their downtowns and attract people and additional businesses. In Lawrenceville, the South Lawn project is bringing new shops, restaurants and residential units to an area near the historic downtown. The 32-acre, $200-million undertaking will include more than 600 single-family and multi-family residential units, a town green andmore than 15,000 square feet of retail space. The South Lawn is being constructed on the site of an old public works facility. The city put it together with some nearby tracts of land and began seeking develop- ers who could execute the city’s vision for a more urban-like walkable development, said Judy Jordan Johnson , Lawrenceville mayor, adding that theproject “has already beena catalyst for development in the city.” Another apartment development is going up on Oak Street near the historic courthouse on the site of a former school. It will replace older neighborhoods that were razed to make way for the South Lawn project. The Lawrencevilledevelopment reflects a trend of smaller cities seeking to create moredenseurbanspaces for residents, said Borders of Novare Group. “We have traditionally operated in a more urban environment since the mid- 1990s, but you can create those [types of developments] inplaces other than the city center,” he said. In Suwanee, Solis Town Center will include a mixed-use apartment develop- ment next to the city’s existing Town Cen- ter. It will include 240 apartment units, 12,000 square feet of retail and restaurant space, 71 townhomes andaparkinggarage. “Like a lot of developers, we’re inter- ested in town centers and creating a life- style community,” said Greg Power , exec- utive vicepresident at Terwilliger Pappas . “Suwanee has an incredible existing retail and office space, but they have no multi-family [development] and needed more people in their town center to keep the restaurants active.” The company found a willing partner in the city of Suwanee, which assisted in developing the site. “We were lucky enough to be selected to come inandworkon some [city-owned] land and thenwere able to expand the site by getting a couple of the parcels next door,” Power explained. “It was a collab- orative effort with the city.” Similar developments are rising around Gwinnett County including in the cities of Duluth, Peachtree Corners and Sugar Hill, and unincorporated Gwinnett. Orchid Grove, in unincorporated Gwinnett, includes 33 acres of mixed-use space. RENDERING/SPECIAL RENDERING/SPECIAL The District in Duluth will include apartments and restaurants. GWINNETT MARKET REPORT GWINNETT MEDICAL CENTER AURORA THEATRE GEORGIA GWINNETT COLLEGE City of Lawrenceville is home to a state-of-the art medical center, award-winning theatre, nationally ranked 4-year college and historic town square. CityofLawrenceville GALawrenceville CityofLawrenceville www.LawrencevilleGa.org