Emma Capital Investment Inc. (“Emma Capital”) is pleased to announce the acquisition of Centre at Peachtree Corners, a 272-Unit Community located at 3325 Holcomb Bridge Road, Peachtree Corners 30092 for $45,250,000. This is Emma Capital’s 41st purchase in the United States, and the first acquisition for the Emma Capital Investments Value Add Fund I (the “Fund”) bringing its total acquired apartments to date to over 10,000 units.
Peachtree Corners is an affluent city in Gwinnett County conveniently located to I-85, I-285, and GA-400. The 17 square mile city was incorporated in 2005. The city’s pro-business environment has attracted over 2,300 businesses. Peachtree Corners is the economic leader of Gwinnett County, Atlanta’s fastest growing county.
The property sits on 20.13 acres at the intersections of Holcomb Bridge Road, Peachtree Industrial Boulevard, and Peachtree Parkway (also known as GA-141). The property has benefited from a major rehabilitation of $10.7M between 2012-2017, with new HVAC, roofs, windows, paint, clubhouse and Hardie-Plank sidings as well as renovations of all of the interiors with plank flooring, black appliances, faux granite countertops, new cabinets, and track lighting.
“We are extremely excited about this first acquisition in our new Value Add Fund,” stated founding Partner and Co-Owner Haya Zilberboim. “We have had great success with our other properties in Atlanta and our strength and experience in the market provides us with a great opportunity to efficiently leverage our resources to immediately focus on rent growth initiatives and capital improvement projects such as income-boosting unit interior upgrades.”
“Centre at Peachtree Corners represents another strong investment opportunity for Emma Capital in the Atlanta market,” added Partner and Co-Owner Oz Cohen. “The city of Peachtree Corners is vibrant and growing, with leadership focused on well-conceived, strategic development sure to generate business interest and inspire future expansion. We are extremely happy with the performances of our current holdings in Atlanta, Phoenix Orlando, Nashville, Indianapolis and the Carolinas and continue to focus on other new Southern markets such as Dallas, Austin and Tampa.”
On Friday, May 10, 2024, the City of Peachtree Corners held a ribbon cutting and grand opening ceremony of its new space-themed Tot Lot Playground on Town Green.
Last November, the city began constructing a new tot lot playground for children under six years old that is themed around space exploration. This new play area includes a rocket ship, a moon rover, a crashed UFO and other fun designs. It was also created to be fully accessible, ensuring all children can enjoy it.
During the ribbon-cutting, children and their guardians enjoyed fun activities, including an ice cream truck, bubble lady, balloon animals, face painting and even a visit from Buzz Lightyear.
When Peachtree Corners City Councilman Alex Wright last had a dog, he was only a kid.
Young Alex was devastated when he died and did not want to get another dog because he did not want to endure that trauma again.
As a result, his family has never had a dog, and even though the two youngest of his four children badgered him and his wife endlessly, they always said no.
Then COVID-19 hit. The Wrights’ youngest son, Michael, was committed to convincing his parents to get a dog. He even did a PowerPoint presentation (with music) explaining why he absolutely needed a dog.
Michael and Murphy courtesy of Councilman Wright
“I guess it was from being cooped up during Covid that my wife suggested maybe we should give in. Next thing I know we tell the kids we are going to get a dog,” Councilman Wright wrote in an email.
So, in June 2021, they got their first dog, Murphy, an Australian Labradoodle.
Murphy Councilman Wright and Murphy
“All of a sudden, we discover this whole dog subculture that we had not really paid attention to before. All the things dogs liked to do, all the stuff you could buy them, all the people we met through walking the dog,” he explained.
In February, Wright and his wife were at Avalon returning a purchase when they came upon a modest-sized dog park. Wright’s wife suggested having something like that at Town Green would be great.
Dog Park Ribbon Cutting photos by George Hunter
“Later that day, I texted the City Manager [Brian Johnson] about the idea, and he really liked it. At the time, the playground (the one that opened in August 2022) was under construction, and we were already discussing other ideas to create activation at the Town Center, so this fit right into that plan,” said Wright.
The assistant City Manager, Seth Yurman, was tasked with the nuts and bolts and worked with a contractor on location and design.
“Can’t say enough about what a great job Seth did. We have definitely had some supply chain delays, which resulted in an opening maybe 9 to 12 months later than originally hoped for, but it is finally open,” he added.
Dog Park Ribbon Cutting photos by George Hunter
A couple more things are still left to do for the project, including installing a large sail cover over the stone entrance area. Construction of the Bone Bar is also on the agenda. This small bar will serve adult and non-adult beverages and likely…you guessed it? Treats for dogs.
The new dog park is situated behind the CineBistro building near the Town Green. The Peachtree Corners Off-Leash Dog Park is approximately 9,000 square feet and is divided into sections for smaller and larger dogs, with natural and artificial turf areas.
Dog Park Ribbon Cutting photos by George Hunter
PTC Dog Park Rules
The dog park is open from 7 a.m. to 9 p.m.
The dog park is CLOSED for maintenance every Wednesday from 7 a.m. to 10 a.m.
Use of the dog park is at your own risk. You are responsible for your dog and any injuries or damage caused by your dog.
All children under 18 must be accompanied by an adult.
All dogs must wear a collar with a valid license and have current vaccinations required by law.
Please call 911 for all emergencies.
The small dog area is for dogs 30 pounds and under. Dogs over 30 pounds must use the large dog area.
Dogs must stay on a leash until they are in the fenced-in areas of the dog park and must be off-leash while in the dog park.
Professional dog trainers may not use the dog park to conduct business.
No person shall bring more than three dogs at one time.
Please dispose of your dog’s waste in the receptacles provided. Remind others to do the same.
Dogs must always be under the control and supervision of their handler.
If your dog becomes aggressive, please leash the dog and exit the park immediately.
Gates must be closed after entrance and exit.
Dogs under six months old and female dogs in heat are not permitted.
Food (human and dog) and glass containers are not permitted, as are smoking, vaping and drug use.
Cats and other animals are not permitted.
Bikes, scooters, skateboards and motorized equipment are not permitted.
Violation of these rules may result in a ban from the dog park.
To honor and remember Debbie Mason, the first and only first lady of Peachtree Corners, who passed away after a long battle with cancer, a memorial park is being built.
A Peachtree Corners Arts Council subcommittee was formed to plan, develop and execute the park. Debbie Mason Memorial Park committee members include Lynette Howard, Robyn Unger, Bob Ballagh, Dave Huffman, Gay Shook, Sarah Roberts and Pat Bruschini.
“Lynette Howard led us in some brainstorming and creative sessions about what the garden should look like,” said Bruschini. “We had pictures of her backyard. Some of us had been to her backyard. It took a couple of months until we got a handle and feel for what we wanted the garden to be and what we thought [Mason] would want.”
One unique feature will be a Yorkie statue, Mason’s favorite dog, perched on top of a coffee table-like boulder encircled by granite benches. The brochure for the fundraising campaign will feature a photo of Mason and her beloved pet.
After looking at a few possible locations, a tract of land near the city’s botanical garden was chosen.
“The area where the park is going had been semi-developed,” said Buschini. “If you’re standing on the sidewalk with your back to the new dog park or your back to Cinebistro, you’ll see a granite semi-circle wall and steps that come down from Peachtree Corners Circle. We are enhancing that area.”
Debbie Mason Memorial Garden Plan Pikes plan showing Phase 1 and Phase 2
Everyone involved wanted the park to be near Town Center and accessible to everyone. So, an offshoot of the botanical garden, a property owned by the Downtown Development Authority, made the most sense, Bruschini added.
The park will be connected to Town Center with one entrance off Peachtree Corners Circle across from Davini Court.
“We have a complete plot plan designed by a landscape architect from Pike Nursery. Jennifer Freeman, a Duluth mosaic artist, created a mosaic design of the city logo,” said Bruschini.
The Debbie Mason Memorial Garden will be the city’s first park. Although there are other parks within city limits, this is the only one that will be owned and maintained by the city.
To improve its access, the city is working with the Solis Apartment Complex being built nearby.
The plan is to have an extensive sidewalk connecting to the park. Construction of the park is underway and plant material will go in this fall. There will be a ribbon cutting and dedication shortly after that.
But for now, the committee wants everyone to know that it’s coming and contributions are welcome. Find the wish list for the Debbie Mason Memorial Garden at the end of this article.
The memorial is fitting because Mason really was Peachtree Corners, said Bruschini.
“She was a volunteer extraordinaire,” she said. I met her on the board of the United Peachtree Corners Civic Association, and she headed up the Peachtree Parkway Improvement Project for six years. That’s where she would contact all the businesses along 141 and ask them to make a contribution so that the median strip could be maintained.”
Mason also co-founded the beloved Peachtree Corners Festival alongside Dave Huffman.
Garden Site Construction
In 2008, there was a tour of homes in Peachtree Corners, and the funds raised went to solar lights to light up the sign going into Peachtree Corners. Mason was front and center with that. But she always had time for family, Bruschini said.
“Her son Nick was in drama at Norcross High School, and she was very involved in that. And she worked with the taste of Norcross High School going back, I’ll say, 20 years maybe,” she said.
“She and Mike started the Fox Hill Homeowners Association and she worked with the Peachtree Corners Yes campaign and served on the board of Gwinnett Clean and Beautiful as well as the City Arts Council and also the first City Green committee. This is fitting because she always wanted to make memories in Peachtree Corners,” she explained.
Garden Sponsorship Items
Mosaic Logo – $10,000
Mosaic River – (3) $5,000 each
Bronze Plaque – $3,000
Arbor – (3) $1,000 each
Japanese Maple – $800
Flowerpots full of color – (3) $500 each
Dogwoods (3) $500 each
Tea Olives – (6) $400 each
Yorkie Dog Statue – $300
Azalea/Hydrangeas (40) – $60 each
Garden Sponsorship Levels
$1000: Platinum
$500: Gold
$250: Silver
$100: Bronze
$50: Friends of the Garden
Ways to Donate Checks are preferred and are payable to: Peachtree Corners Arts, Inc. Attn: DMMC PO Box 922469 Peachtree Corners, GA 30092 PTCArts.org/donate