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Second phase of Emory Point under construction
By Nenad Tadic | Emory Report | Oct. 30, 2013
The next phase of Emory Point is in full swing—construction has begun on the $70 million project that is expected to bring an additional 40,000 square feet of retail and restaurant space and 307 luxury apartment homes to the Clifton Corridor area. Completion is expected in the spring of 2015.
Phase II of the mixed-use development sits on the former site of the Emory Inn, which was recently demolished to make way for the new space on the south side of the existing Emory Point property.
New retail and restaurant tenants have yet to be announced, but are expected to open on a staggered schedule beginning in December 2014, said Joe Wilber, senior vice president of investments for leasing company Gables Residential.
Wilber says that the retail and restaurant options in Phase II will be in line with existing options.
Phase I of Emory Point, which opened in fall 2012, received a 2013 Urban Land Institute Atlanta Development of Excellence Award and an EarthCraft Multifamily Certification, which reflects the community’s impact on the local area and its commitment to resource-efficient projects.
Current merchants will remain open for business throughout the entire project, and the free parking deck will not be impacted by the construction, according to an Emory Point press release.
"With the launch of Emory Point Phase II, we look forward to growing the retail, restaurant and professional services offerings to the thriving Emory and Clifton communities," said Bill Bassett, Cousins’ senior vice president, in the press release.