Visionaries see smart expansion for Peachtree Corners.
In a city that’s a hotbed of economic development, technological advancement and residential properties, it’s important for residents and stakeholders to keep informed about what’s going on today and what’s planned. To aid with that undertaking, Peachtree Corners Business Association convened a panel of local influencers at its April Business After Hours Speaker Series at Atlanta Marriott Peachtree Corners.
Moderated by Amanda Pearch, the CEO and principal of Forsyth Business RadioX, a community focused company that produces, promotes, distributes and markets online radio shows and podcasts for businesses, the panelists were a diverse mix of local movers and shakers which included:
Joe Sawyer, Peachtree Corners City Councilman at Large, a resident of Peachtree Corners since 1994. He recently became the first person of color elected to the City Council. Sawyer has owned Alpha & Omega Carpet Cleaning in Peachtree Corners since 2001 and has been a preacher since 1998.
Sue Storck, with North American Properties, the general manager for the Forum on Peachtree Parkway. She has been in property management since 2007 in Florida and Georgia.
James Winston, the director of construction at AHS Residential, a company that develops, builds and manages multifamily housing in metro Atlanta. He has 17 years of experience in real estate development.
Michael Pugh, a partner at the law firm of Thompson, O’Brien, Kappler & Nasuti, P.C. He concentrates his legal practice on the representation of businesses, banks, credit unions and commercial finance companies in secured transactions, financial workouts, asset recovery and liquidation and lender liability defense in both state and federal court, including federal bankruptcy court.
Louis Svehla, communications director for the city of Peachtree Corners.He has years of experience in journalism and public relations.
Rico Figliolini, a longtime Peachtree Corners resident and the publisher and executive editor of Peachtree Corners Magazine. He is also a creative director and social media strategist, three-time magazine publisher and podcast host.
Growth opportunities
The group started off discussing some identifiable opportunities for growth in Peachtree Corners. With so much emphasis on what’s happening in the northern part of the city, Sawyer said developers need to start looking to the city’s south side.
“There’s a lot of opportunity for growth on the south side,” he said. “You see the townhomes going up and you haven’t seen houses going up for a long time. That’s where the next wave of growth will come.”
Svehla agreed. “I think redevelopment is really the big thing. Joe got it completely right. Housing is probably not going to happen unless it’s redevelopment of older neighborhoods,” he said. “Just like what’s happening with The Forum, the future is multi-use type facilities.”
Pearch parlayed that response into a question for the home builder. “Well, the prediction is we’re going to find very efficient and innovative ways of finding solutions for this housing problem that we have,” Winston responded. “We know everybody is looking for… housing that’s reasonably priced. We have a way of building and approaching our projects that I think is going to fit into the fabric of what this whole community is looking for. They’re trying to be innovative, looking for something that’s going to have an impact to the community. And we’re doing just that by rehabbing, basically, an existing property.”
Storck expanded on that concept with what’s happening right now with The Forum. “On our side, it’s experiential. …This is probably a very overused phrase, but ‘live, work and play’ is a trend that works,” she said. “With our tenants, we have a built-in customer base. The restaurants have built-in patrons, but it’s about an experience. Shopping is not… what it used to be. You don’t go window shopping anymore; you have a destination. So, our plan and our goal are to bring that opportunity to the property, to be able to host larger events and gatherings, whether it’s a tailgate party… or the Christmas tree lighting or concert series or a fitness series.”
Talking about developers dove-tailed into Pugh’s business. “One of the biggest advantages for Peachtree Corners is that it’s close enough to the city [of Atlanta] so that people inside the perimeter are comfortable coming here, and since it’s not in downtown Atlanta, we get people who don’t want to fight traffic in town,” he said.
All those factors feed into each other, said Figliolini. Having a publication that’s focused on the lifestyle of a community that fulfills the demand for a high quality of life with entertainment, retail and employment opportunities nearby allows him to put more emphasis on the message than the medium.
“Print is sort of a dying business. I can say this because I’ve been in the business for a long time,” Figliolini said. “We curate news in the community and people consume it in a variety of ways. Whether it’s Twitter, Instagram, Facebook, Tik Tok, it doesn’t matter. …Advertising is a long game. …Companies come to us. We have several corporate sponsors that are supporting local journalism, for example, so they’re not necessarily buying advertising as much as supporting news.”
Accolades and suggestions for the city
The panelists gave their perspective on what Peachtree Corners is doing right and what the city should do more of. Among the top recommendations is preparing the area for changes that have already been indicated. For example, the uptick in highly skilled jobs is affecting employment rates. Supply chain issues are challenging consumerism and access to technology is making a difference on how people live their lives.
“Roughly 65% of the existing labor force is almost set to retire,” said Winston. “So, we have to replenish that, and we also have to find ways to manage that and to find innovative ways of doing construction. We know we’re going to have challenges with the labor, in addition to all the materials. …Everybody is reading the articles about how prices are going up.”
Sawyer pointed out that Peachtree Corners is growing in smart ways and every new development is people centered. “I think we are probably one of the smartest cities, as far as technology. …What other city in the South has an app that, when you sit at a red light, the app on your phone tells you when the light is changing?” he said.
“A couple of months ago, we had Transportation Secretary Pete Buttigieg here to study our transportation sector,” added Svehla. “Everybody wants to come to Peachtree Corners because of all the innovative things that are going on here. I’m working to try to give Raphael Warnock an opportunity to see Curiosity Lab. …We don’t really have to reach out to anyone anymore because the word is out that we’re the most diverse city in the state.”
Perspectives on the future
In looking ahead, all the panelists agreed that Peachtree Corners has a solid future outlook and growth strategies. Pearch asked the panelists where Peachtree Corners, in general — and their industry, specifically — will be in three years, five years and 10 years.
Storck said, “The retail world is different, because some ways, the retail world hasn’t changed. We still have the brick and mortar as well as Amazon, so there are parts that will stay the same. But I think in three years, we are we are going to be fully redeveloped and we are going to be moving at a very fast pace. [The Forum] is going to be hosting 200-plus events a year and we are going to have opened quite a few new retailers. In five and 10 years, we’ll still continue that course. Because everything is cyclical and we go through changes, we have to adapt as well.”
Pugh added, “The legal industry is the dinosaur of all industries. If the legal world has adopted something, it’s been adopted across the board. I think that law firms’ sizes are going to shrink. I think that office space is going to shrink, and I think more and more attorneys and more and more businesses are going to go paperless. …I think that more and more are going to start incorporating the use of [artificial intelligence] in their in their work, where typically you would have a new associate coming out of law school doing research eight hours a day. You now have a computer program that does it for you.”
Winston noted, “Nowadays, with an age of social media, [job seekers] are able to see so many other options more easily, and people are able to tailor it to make it more marketable. That’s not always what you see in the construction industry. …You could start off learning mechanical, HVAC work, plumbing or electrical and branch off into a completely different sector of that same industry, or branch off more into real estate, because it really is part of the same pie at the end of the day.”