As Phase I of Emory Point, the mixed-use development located adjacent to the Centers for Disease Control and Prevention, nears completion, more retail locations, restaurants, and residential spaces are becoming available for the Emory community.
Current construction of Emory Point is moving according to schedule, and the construction of the two future phases will require the demolition of Emory Inn, wrote Jason Frost, vice president of Cousin Properties, in an email to the Wheel.
Frost added that though many retail locations will be open by the end of the year, portions of Emory Point will be completed through early 2013.
The product of a partnership between Cousin Properties and Gables Residential, Emory Point will eventually cost more than $100 million to complete. The development will offer retail and residential leases from Cousin Properties and Gables Residential, respectively.
“When Emory Point was first envisioned several years ago, we expected that the new mixed-use project would bring a dynamic element to the northern edge of campus,” Michael Mandl, Emory’s executive vice president of finance and development, in an email to the Wheel. “I am confident that with a wide variety of retail and residential options, this area will be a very popular spot for students, faculty and staff to gather and interact.”
After suffering a delay in construction from 2008 to 2010 following the economic downturn, construction of Emory Point atop a 15-acre plot of land on Clifton Road resumed in July 2011.
With nearly 80,000 square feet of retail space, Emory Point’s list of confirmed retailers include American Threads, Ann Taylor Loft, CVS Pharmacy, Fab’rik, Jos. A Bank, and Lizard Thicket. Emory Point has also signed more leases with restaurants, including the General Muir, a Jewish-style deli â€” one of the most recent restaurants to sign a lease with Cousins Properties. Other restaurants include Fresh to Order, Marlow’s Tavern, La Tagliatella, Paradise Biryani Pointe, Tin Lizzy’s and Which Wich? Superior Sandwiches.
Jazmine Spa, Solar Dimenions and a dry cleaner have also signed leases at Emory Point.
Aside from its commercial establishments, Emory Point will also house 443 luxury urban apartments. Through the end of the year, studio, one-, two-, and three-bedroom apartments will be available for move in. Frost explained that the first residents of Emory Point have already moved in this month, and residents of Emory Point have access to a saline pool, courtyards and green spaces, a bike share program and other amenities.
“Many of our residence halls and administrative offices are within a short walk of Emory Point, and we hope that pedestrian traffic will increase for lunch, dinner, and errands,” Mandl wrote. “Early indications are that the residential units are being leased by employees and students who currently work or study along Clifton Road.”
A full list of signed retailers and more specific opening dates is available on the Cousins website.
â€” By Joy-Annette Atsegbua