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City in line for positive retail growth and activity: From the Mayor’s Desk April 2021

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Peachtree Corners Town Center, photo courtesy of its Facebook page.

From the Mayor’s Desk                                                                            April 2021

Over the last year we have all seen how retail has been directly impacted by COVID-19. The pandemic acted as a closure catalyst for those retail and restaurant brands already struggling and put others at risk that run on thin margins. With that said, it is not all doom and gloom.

Peachtree Corners is fortunate to have two lifestyle centers in The Forum and Town Center along with other power centers anchored by Publix, Target, ALDI, and LA Fitness among others.

Categories like grocery, home improvement, general merchandise, pet supplies, and fast food all showed strong sales figures over the last 12 months. People were at home doing more DIY projects and buying more groceries to eat at home with their families. Take it from these headlines “Store openings are outpacing closures in 2020: Coresight”, “Retailers Now Opening More Stores Than They’re Closing”, and CNBC’s “Rent is Cheap, vacant space is everywhere: Retails seize the moment to open stores.”

Some property owners weathered the storm better than others. Take Bayer Properties, the Forum’s leasing and property management firm, for instance. Instead of taking below market rents and short-term leases during 2020, Bayer held out for stronger, higher-credit brands that will strengthen the center and give it long-term staying power which benefits Peachtree Corners.  They could have easily signed a tenant at a lower rent to fill vacancies, but that would have had an overall negative impact to the health of the center. Bayer has done a great job at looking long-term while simultaneously riding out the pandemic.

Retailers put a pause on new store openings and many struggled to get their product as manufacturing and shipping came to a halt. With that said, the 2020 pipeline of new stores was pushed to this year while many tenant reps are being tasked as we speak to add new markets and spaces to the 2022-2023 pipeline. Peachtree Corners is well-positioned with the current real estate available to take advantage of the new brands looking to expand in metro Atlanta.

Retail is constantly changing and the brands that adapt will thrive. So, as we work to stay on top of the ever-changing trends, Peachtree Corners will be well represented as restaurants and retail make their comeback.

-Mayor Mike Mason

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PCBA Awards $500 to Furkids at March Networking Event

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Left to right, Monte McDowell PCBA Outreach; Donna Linden PCBA Board; Allison Reinert PCBA Board; Samantha Shelton Furkids; Lisa Proctor PCBA Board: Audrey Boyce PCBA Outreach, Matt Bettis PCBA Outreach (Photography by Richard Phillips)

The Peachtree Corners Business Association (PCBA) March Business After Hours Event was action packed with opportunities for business networking at Anderby Brewing. Everyone enjoyed new cocktails and specialty beers while enjoying dinner from Latin Fresh as well as axe throwing from Moving Target ATL NE.

The PCBA also presented a check of $500 to Furkids in support of their efforts to care for animals while helping to find their forever homes.

“The PCBA is proud to donate a check for $500 to Samantha Shelton, CEO of Furkids in support of their efforts to rescue homeless animals, provide them with the best medical care and nurturing environment while working to find them a forever home,” said Lisa Proctor, PCBA President.

“Our Outreach Committee and Board are impressed with Furkids’ commitment to provide care and restoration for these special animals at their no kill shelters. With the PCBA’s continuous commitment to supporting our community in a meaningful way, we are excited to be a small part of their efforts,” she added.

Headquartered in Georgia, Furkids is a nonprofit charitable organization that operates the largest cage-free, no-kill shelter in the Southeast for rescued cats, and Sadie’s Place, a no-kill shelter for dogs. Furkids also operates one of the only facilities in the Southeast dedicated to the care of FIV positive cats.

Furkids has rescued and altered more than 55,000 animals since its founding in 2002. Approximately 1,000 animals are in the Furkids program today, in the Furkids shelters, 10 PetSmart and Petco adoption centers, and more than 400 foster homes in the Atlanta area.

Funds for the PCBA Community Outreach program are raised throughout the year from PCBA membership, sponsorship and the annual charity event. Donations and scholarships are awarded at monthly events so members can learn more about these organizations.

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Shadow-Soft Joins Curiosity Lab as Startup Program Partner 

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Peachtree Corners announced that Shadow-Soft has joined Curiosity Lab as a Startup Program partner, providing additional resources for startups in the lab’s incubation program. Shadow-Soft specializes in helping companies modernize their infrastructure and applications with containers, Kubernetes, and the cloud for scale, speed, and cost.

“As an Atlanta technology leader, we are always looking to support companies as they grow and scale. We use proven methodologies to make sure people know where to start, identify a clear path forward and understand what open-source tools to use so they can start small, think big, and act fast,” said Shadow-Soft Vice President Nick Marcarelli.

“This aligns perfectly with companies at Curiosity Lab as they begin to grow their businesses. At times it can be overwhelming for growing companies to build a stable, reliable, and secure environment. We can provide the architectural insights and engineering knowledge necessary to scale with ease,” he explained.

Shadow-Soft is offering free 30 and 60-minute consultations with their team of experts to aid Curiosity Lab startup leaders in three separate areas: creating a technology blueprint to bring ideas to life, building rapid software development prototypes, and constructing a technology infrastructure to scale on demand.

“Adding Shadow-Soft to the Curiosity Lab adds an immensely valuable tool to offer our startups – complementing the opportunity they have to collaborate with some of the top technology brands in the world,” said Curiosity Lab Executive Director Brandon Branham.

“One of the largest challenges startups face is scaling rapidly. When the time comes, startups will often need executive guidance when it comes to scaling their company correctly, quickly, and in an affordable way. Shadow-Soft will be able to coach our startups from the beginning of their journey to their peak growth to ensure they have long-term success.”

For more about Curiosity Lab’s startup programs and Shadow-Soft’s startup program offerings, visit curiositylabptc.com/startups/.

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PCBA Donates to WellSpring Living

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Pictured: Matt Bettis PCBA Outreach; Audrey Boyce PCBA Outreach; Suzanna Martinez PCBA Outreach; jeAnne Jeter Wellspring Living; Lisa Proctor PCBA Board; Allison Reinert PCBA Board; Michael Pugh PCBA Board; Toby Anderson PCBA Board

The Peachtree Corners Business Association awarded a check for $500 to Wellspring Living at their February 2023 Business After Hours Speaker Series Event!

The mission of Wellspring Living includes transforming the lives of those at risk or victimized by sexual exploitation. Wellspring Living provides community-based and residential services as well as partners with a wide range of human service organizations to ensure that each victim’s needs are met.  Programs include residential programs, community programs, and graduate services.  Wellspring Treasures (one located in Duluth) is not just a source of revenue but a hub for communities to engage with our work and be a part of the solution to help restore lives.

“The PCBA is proud to donate a check for $500 to Wellspring Living in support of their efforts to save lives at risk or victimized by sexual exploitation.  Our Outreach Committee and Board are impressed with the extent of the Wellspring Living programs and resources available in our community.  With the PCBA’s continuous commitment to supporting our community in a meaningful way, we are excited to be a part of the success of their survivors”, says Lisa Proctor, PCBA President. 

Funds for the PCBA Community Outreach program are raised throughout the year from PCBA membership, sponsorship, and our annual charity event.  Donations and scholarships are awarded at their monthly events, so the members have the opportunity to learn more about these organizations.

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