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North American Properties Invests in Downtown Peachtree Corners

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The Forum on Peachtree Parkway (Photo by Singh Vipul)

New owners of The Forum look to revamp downtown and create a live, work, play open-air experiential center

As anyone who’s taken on a fixer-upper project can attest, you must have vision turn the worn-out into the worthwhile. Whether it’s an old sports car sitting under a tarp in the garage, a rundown farmhouse or an aging retail center that’s lost some of its luster, the artistry is looking beyond the rusted-out floorboards or rickety front porch and picturing what it could be.

A decades-old structure could become a space where people can live in amenity-laden accommodations, work in technology-forward office space and be entertained by the trendiest venues — all within a few miles’ radius.  

That’s why many in Peachtree Corners are excited about the prospect of North American Property’s (NAP) purchase earlier this month of The Forum at Peachtree Parkway. For an undisclosed amount, it partnered with Nuveen Real Estate, another industry giant, to revitalize the 22-year-old site.

“To have an opportunity to get something like The Forum to own and be able to invest in a community like Peachtree Corners is important,” said Tim Perry, NAP managing partner. “By far the best thing was that the community just loves the asset, and it just needs a little second-generation love and needs some renewed focus. And it’s just rare you find something of such great quality with such great potential.”

With an average household income of $102,564, according to City of Peachtree Corners statics, and State Route 141, a major thoroughfare carrying commuters from as far north as Forsyth County through the city into Buckhead, the town of about 45,000 has quite an appeal. Perry, himself, takes that route from his home in Johns Creek to his offices in Midtown.

Although it lies on the Gwinnett County side of the Chattahoochee River, Peachtree Corners has the potential to rival Roswell and Alpharetta for affluence and quality of life.

Proven track record

That’s where the genius of NAP comes into play. It has already proven it can spin straw into gold, so to speak, when it comes to multi-use development. The rejuvenation of Atlantic Station in Midtown and Avenue East Cobb in Marietta, as well as starting from the ground up with Avalon in Alpharetta, are testaments to the expertise it has honed over the years.

Now The Forum stands to become the next shining example.

To make that transformation, NAP won’t just slap on a few coats of paint and add some new fixtures. This is no house-flipping endeavor. The first step to success, said Perry, is to realize what the residents want.

Take Avalon and Avenue East Cobb, which aren’t far from each other. Similarities include established, but still growing, communities and strong attachments to the reworked properties by the locals.

A retailer who wants to move into the metro Atlanta market can make a big impact and only needs to work with one company. They can obtain leases at three high-end developments that are far enough apart to avoid redundancy, but close enough to manage.

“It’s one call for a tenant to say, ‘Hey, I want to come into North Atlanta.’ Alright, we got we got three spots for you right now. And they’re far enough apart that they could conceivably be in all three,” Perry explained.

After all, in the metro Atlanta area, a 30-minute drive is almost like being in another state.

Reimagined retail: don’t call it a comeback

But the naysayers who worry that brick-and-mortar retail is dead haven’t done their homework. “Retail constantly reinvents itself,” Perry said. “If you’re a student of history, you can look at the local Main Street retail that evolved into the category of big boxes, like Walmart and Target and then the separation of service needs … it continually changes and reinvents itself. And it’s reinventing itself again.”

A recent report by the Data & Services arm of financial services titan Mastercard revealed that to remain relevant, physical retail must strategically evolve in the face of changing shopper preferences and new technologies. That means innovations in customer experience and a symbiotic relationship between physical and digital stores as a singular retail enterprise.

The report added that “many often see increases in e-commerce business after opening physical stores in a particular geography. On the flip side, a strong online presence can drive traffic in-store, as customers seek to try before they buy.”

According to Perry, “the new reinvention started with the experience and the injection of the experience and relationship that you have to have between the landlord and the tenant. So, on one end, that relationship is very transactional. And the guest experience, ‘I want to park close; I want to be able to go in and get whatever it is’ — whether that’s getting your nails done or your hair done or buying hardware or buying groceries — they want to be able to go and do that. That’s a transactional nature.”

The successful reinvention, however, goes beyond that.

“But the relationship side of it, or as we call it, the experiential side, is the other sort of end of the barbell. ‘I want to go there. I’m going to stroll, I’m going to have an experience, I’m going to socialize,’” Perry said. “Ultimately, we as humans are social beings.”

For example, you may come to buy a shirt, but then you will meet friends for dinner.

“While there, you really have to have that great experience,” he continued. “And the relationship starting between the tenant and the landlord is no longer landscaping and sweeping and lighting. It’s now ‘How can we have events that bring the community to the property and support those tenants?’ So, we don’t just do a yoga class, we do that yoga class in conjunction with Lululemon. Maybe we’re pulling that tenant out, and we may do a ‘Taste of The Forum’ type of event, where we’re getting the restaurants to come out and really put on display.”

NAP has a group called “Better Together” that works on improving the experience collectively.

“And it has some very tangible focuses, like environmental safety, physical safety, and security — all that kind of stuff,” Perry said. “But also has a very subjective approach as well, which is, ‘How do we just become happier, and how do we invest from our side in the community?’”

‘Skin in the game’

The group is focused on community interaction because NAP doesn’t just parachute into a community, make its money and leave. It becomes a part of the community.

“We hosted over 600 community-driven events across our portfolio in 2021 and raised more than $154,000 for philanthropic partners in the markets we serve,” Perry said. In serving the community, the company has to demonstrate to the city that its plans jive with the vision for the area.

To grow this wonderful live, work, play open-air experiential center — don’t call it a mall! — taxpayer dollars are going to used to create sewers and streets and hire more police and garbage collectors, and all the other things that come with expansion.

NAP has met with Peachtree Corners officials and indicated that it will seek a change in conditions and rezone property on or near The Forum for residential use.

“Right now, we’re early in the process of development for what will be a holistic property,” said Brian Johnson, Peachtree Corners City Manager. “We’re looking at how we can make The Forum and the area around it a global community for Peachtree Corners.”

To create a robust downtown, the Town Center and The Forum are two halves that need to be connected, Johnson said.

This concept isn’t unique to Peachtree Corners. It’s the “it” thing right now. Where in the past, all the commerce would be in one part of town and the residential in another part, the latest trend is to combine those — whether it’s in a macrocosm like the city of Atlanta, or more of a microcosm like the central business district in Peachtree Corners.

The city sees the project as a win for everyone.

“North American Properties looks at The Forum and the surrounding area and sees opportunities to enhance the downtown feel and expand the activities. And they have ownership, they have skin in the game,” Johnson said. “It’s good to hear them refer to The Forum in a proprietary manner. In our talks we take into account the city’s master plan for development.”

The end result is an improved downtown with the potential for growth to spin off in other areas.

With  Town Center just a few years old, this project came at the right time, added Johnson. “We’ll work out the capacity for parking, power, water, sewer — all the details —because that’s our job,” he said. “The details marry up and both sides are sure to support each other.”

Perry couldn’t agree more. “The big, big goal at the end is we want to leave a lasting difference so that if one day — anytime in the future — North American Properties is no longer an owner, the property is establishing a strong relationship through some cause with the community that it will live on, and that we are truly passing something back to our guests,” he said.

“To do that we’ve got to revamp the brand, which is step one. We’ve got to solidify a vision for all of Peachtree Corners. And then we’ve got to go and get tenants that you all want and restaurants and users that align with that vision to come in and join us and join you,” Perry said. “There’s an alignment with their brand and the qualities and values of the community. That’s the big part of it.”

Other NAP Successes

Avalon – 2200 Avalon Boulevard, Alpharetta 30009

            At 2.3 million square feet, this site is a sustainably designed urban development in a suburban setting. It infuses resort-level hospitality throughout a walkable, seamlessly connected community featuring a carefully curated retail collection and chef-driven dining experience, entertainment, living and working.

  • 86 acres
  • 570,000 square feet of retail space
  • Full-service 330-room hotel
  • 750,000 square feet of Class A office space
  • Luxury apartments and single-family homes
  • 200-plus events per year

Avenue East Cobb – 4475 Roswell Road, Marietta 30062

            The shopping and socialization center opened in August 1999 as one of the first outdoor, pedestrian-friendly retail developments. For over 20 years, the center has served as a key shopping and dining destination for residents of Cobb County, offering a collection of 44 retailers and restaurants. In July 2021, North American Properties entered a joint venture partnership with PGIM (formerly Prudential Investment Management) to reposition the open-air lifestyle center by enhancing the guest experience and creating a modern gathering place for the community.

  • 230,000 square feet of retail space
  • Four Cobb County high schools ranked in the 25 Best High Schools in Georgia
  • Expansive green spaces, trails and Chattahoochee River access throughout Cobb County

Arlinda Smith Broady is part of the Boomerang Generation of Blacks that moved back to the South after their ancestors moved North. With approximately three decades of journalism experience (she doesn't look it), she's worked in tiny, minority-based newsrooms to major metropolitans. At every endeavor she brings professionalism, passion, pluck, and the desire to spread the news to the people.

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The Forum Gives Sneak Peek of New Eateries and Community Spaces

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If you’ve been to or near the Forum in the past few months, you’ve probably noticed cranes and construction crews. The anticipation of the first phase of renovation of the 22-year-old retail center has left a lot of Peachtree Corners residents as well as nearby patrons excited to see changes.

The Forum administration invited the media for a hard hat tour on July 17. The event showcased the redevelopment progress ahead of The Plaza’s grand opening on Aug. 8.

Photos by Sophie Gruber, Courtesy of The Forum

Scrumptious bites incoming

Executives from the development and leasing teams joined on-site management and led attendees around the new central gathering space, guest amenities and Politan Row, the newly created 10,000-square-foot food hall.

Dining concepts from veterans at Sheesh, Twenty-Six Thai and newbie Gekko Kitchen were the first food vendors announced for the space, which is expected to open in January.

“We can’t wait to introduce the Peachtree Corners community to our food hall experience,” said Politan Group CEO Will Donaldson in a news release. “Every detail from the design to the bar program to the cuisine is thoughtfully curated to inspire guests to not only mingle with one another but to connect with our incredible restaurateurs and discover new favorites.”

During the tour, Donaldson explained that eventually there will be seven different global cuisines in the Politan Row food court at the Forum featuring well-known and up-and-coming local talent. Once complete there will be a central bar, a private event venue and a covered outdoor patio.

“One of the things that we’re excited about is this unique design that we’ve come up with, that’s very specific to this area,” he said. “We’ll be open seven days a week for lunch and dinner. Whether you’re with a group for lunch or with your family, it works great for multiple settings.”

Twenty-six Thai owner Niki Pattharakositkul said the restaurant will work with local vendors to source the freshest meats and produce possible.

Photos by Rico Figliolini

“There are certain types of produce and protein we try to source locally, but sauces and the more exotic produce and herbs, we have to import from Thailand,” she said. “Our brand is trying to move towards doing things locally and sustainably.”

Working with organizations such as Georgia Grown limits the use of large food distribution companies. Since starting Twenty-six Thai in 2016, Pattharakositkul has launched seven locations across metro Atlanta, including at Politan Row’s Ashford Lane and Colony Square.

The eatery describes itself as an “authentic wok-fired Southeast Asia-inspired menu featuring items such as pad Thai, pad see ewe and classic drunken noodles.”

Sheesh, a Mediterranean concept that uses simple, wholesome ingredients prepared with unique spices and blends, is run by corporate executive chef Charlie Sunyapong and director of operations Raquel Stalcup. The two are also members of the group behind full-service restaurants Stäge at Town Center and Pêche at the Forum.

Photos by Rico Figliolini

The popularity of those suburban concepts has already taken off. With Sheesh, they’re looking to do something different.

“There are going to be some things that are unique to Sheesh that you’re not going to get at the other places,” said Sunyapong. “You’re not getting a whole restaurant; this is quicker fare.”

Gekko Kitchen, a former food truck transformed into a hibachi and ramen experience, will be serving fresh, fast bowls that are more colorful and lighter than traditional hibachi fare.

Photos by Rico Figliolini

Gathering spots

Development Manager Nick Lombardo explained that NAP is moving away from building big construction projects from scratch like Colony Square in Midtown Atlanta and Avalon in Alpharetta.

“As a company, North American Properties pivoted around 2020 from building big ground-up construction to more redevelopment with already existing properties,” he said. “With the thought of great assets that just need a little more attention Infused into them to create value, we bought the Forum in 2022.”

He said that value-add propositions done at The Forum will create a more walkable center.

Photos by Sophie Gruber, Courtesy of The Forum

“Trying to compete with the internet on convenience is a very tough task, so the way we differentiate is by experiences,” he said. “We host between 150 to 200 events every year. We have things like concerts, wellness and fitness events and we have child playtime events. Our marketing team does a great job and they’re the differentiator when it comes to what makes our property stand out.”

By the first week of August, a large gathering space will be unveiled in the central area of the property between Pottery Barn and seafood restaurant Pêche. It will have a nine-foot LED screen capable of hosting movie nights and sports viewing. There will also be musical performances featuring local artists.

“We’re not in competition with Town Center,” said Charlotte Hinton, marketing manager at The Forum. “Town Center has gates like a real music festival and we’re more like a ‘chill and enjoy the music’ vibe where you can grab a beer and hang out or maybe kind of walk around.”

The smaller space and artificial turf are unlike the Town Center space where attendees spread blankets and bring chairs. The Forum will have furniture and seating in the space so folks can just gather and either enjoy time with family or partake in events.

The Forum will also offer valet parking on a limited schedule at that end of the property.

More improvements

Although the construction equipment will have moved out, the jewel box building will house a yet-to-be-named restaurant that will open early next year.

“We’re pretty much done with what we’re doing as far as landlord work,” said Lombardo. “We ask our tenants to bring their brand and their design and their material pallet and put that on the building to express their brand identity. They know their brand better than we do. They know how to best design their building and how it functions and works.”

It’s the same process with retail stores, he added.

Photos by Rico Figliolini

“We always ask all of our new tenants to come in here when they’re building their storefront,” he said. “They’re not just selling their clothes; they’re selling a lifestyle in the brand so we ask them to push their brand out to the street.”

Even with the new spaces, there will be no shortage of parking, Lombardo added. “There’s plenty of parking behind these buildings,” he said pointing toward Pêche. “What we’ve done is enhance the connectivity to those areas. We’ve redone this breezeway and we’re adding lighting and connecting the parking lot to the main boulevard here. The goal is to replace cars with people and activity and bring a sense of community to the property.”

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Taste of Peachtree Corners: PCBA Showcases Local Restaurants

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Over the past 12 years, the PCBA has awarded 19 scholarships and donated more than $156,000+ back to the Peachtree Corners community.
Photos by Anna del Villar

The Taste of Peachtree Corners has been in the works for years, but the COVID-19 pandemic put many key events on hold for the Peachtree Corners Business Association (PCBA).

But luckily this year, the dedicated staff of volunteers successfully executed a memorable event and introduced a lot of local business owners to their neighboring restaurants and caterers.

As I walked up to the Community Chest Room at Peachtree Corners City Hall on June 27, there was a line outside the door. I later found out that over 100 people had registered to attend the event. I got checked in quickly and was faced with a “passport” of 10 Peachtree Corners restaurants serving everything from high-end bakery items to good old-fashioned barbecue, and modern twists on seafood and American cuisines.

Let’s talk about the food

The idea was to visit all 10 restaurants and collect stars while trying samples and small plates. My first stop was Firebirds Wood Fired Grill, and they had my favorite – homemade chips and queso. The queso was smoky and mildly spicy with a great depth of flavor. What a great start. Next up was Chopt. Creative Salad Co. I had never heard of this restaurant before, but they blew me away with a perfect amuse-bouche of cherry tomato, pesto, mozzarella, and olive oil. These guys understand simple and fresh Mediterranean flavors.

The folks from Marlow’s Tavern were also on-site serving shrimp and grits with jalapeno, spinach and tomato beurre blanc. This is definitely the style of elevated food I’ve come to expect from Marlow’s. And as a nice touch, they prepared a refreshing blueberry cocktail.

Another familiar face was set up on the other side of the room. J.R.’s Log House Restaurant served southern favorites like pulled pork sliders, baked beans and mac n’ cheese. I couldn’t pass this one up. The pulled pork was tender, tangy and saucy. Exactly what I want from a barbecue. Lazy Dog’s table really impressed me with its presentation. The tuna cup with rice, avocado and chili with chips on the side, was a real stunner.

Moe’s Southwest Grill was also on-site handing out tasty tequila lime chicken with rice, avocado, and black beans. This super hearty and comforting entrée was followed by a seafood course from PECHE Modern Coastal. Crab cakes with a croissant pinwheel, roasted garlic and lemon aioli and arugula were on the menu and the flavor combinations were simply fantastic.

PECHE’s sister restaurant STAGE Kitchen & Bar was next door offering a tuna and salmon tostada with avocado, eel sauce, spicy mayo, and cilantro. This was easily one of my favorite bites of the night. The tostada was crunchy and light with clean and bright flavors. No kidding, I could probably eat this every day for lunch.

I moved on the Smoke’s Family Catering and owner Phillip Smoke had whipped up enough barbecue to feed an army.  I had the pleasure of trying the smoked chicken with potato salad and it was the perfect pairing. Last but not least: dessert. I capped off the evening with a beautiful chocolate ganache-filled croissant with perfect lamination and flaky texture.

The inspiration behind the event

With a (very) full stomach, I caught up with PCBA President Lisa Proctor to talk about the event.

“We knew that COVID was really hard on a lot of our restaurants to get people back in,” said Proctor. “We wanted to do it in June because we wanted to celebrate our military. Everybody remembers them maybe on Memorial Day or different things, but June is the 80th anniversary of D-Day.”

“The military is always close to our heart,” she added. “We’re also very proud of our restaurants. They all have gone above and beyond.”

Tonight, the PCBA was honoring the Armed Forces and its brave veterans while bestowing two donation checks to very worthy causes.

The first check for $500 went to Folds of Honor. Since 2007, Folds of Honor has provided life-changing scholarships to the spouses and children of America’s fallen or disabled military. And now, their mission expands to the families of America’s first responders.

The second check for $500 was given to Light Up the Corners, a 501(c)(3) volunteer organization with an annual glowing, flashing, blinking, shining, nighttime running party and fundraiser in one.  All proceeds from the event go to benefit less fortunate children and families in the Peachtree Corners community who are struggling by giving them the chance to participate in life-enhancing programs and activities at the Fowler YMCA.

Over the past 12 years, the PCBA has awarded 19 scholarships and donated more than $156,000+ back to the Peachtree Corners community.

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Local Resident Opens AtWork Location in Peachtree Corners

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AtWork, one of nation’s leading staffing franchises, has opened its third Metro Atlanta location in Peachtree Corners, Georgia at 6185 Buford Highway, Suite E-100.

AtWork Peachtree Corners is locally-owned by Kamal Bhatia, an immigrant from India with decades of experience in hospitality and as the Senior Vice President of Operations of Atlanta-based Action Bartending School.

AtWork, one of nation’s leading staffing franchises, has opened its third Metro Atlanta location in Peachtree Corners.
Kamal Bhatia

“There is an incredible need for AtWork’s services in Peachtree Corners,” said Bhatia. “Since migrating here in 1996, I’ve witnessed Atlanta evolve and sprout new communities north of the city, including my own. Peachtree Corners has become a hub for thriving businesses, and my goal with this location is to be a key resource between companies and job seekers to support the continued growth of our local economy.”

Bhatia’s son and daughter will assist him in the business.

“This is an opportunity to create a legacy company to ensure our community is supported for generations to come,” he said.

For more than three decades, AtWork’s mission has been to connect people with jobs and jobs with people. With more than 100 locations nationwide, AtWork puts nearly 40,000 individuals to work each year in administrative, light-industrial, accounting and finance, hospitality, IT and management-level positions at some of the nation’s largest and most recognizable companies.

“We’re proud to open our doors in Peachtree Corners and provide a common place for both job seekers and growing businesses to turn for staffing solutions,” said Jason Leverant, President and COO of AtWork.

“AtWork will serve as a key resource to help employees thrive, businesses prosper and communities flourish. Kamal is the perfect partner to champion our mission and be a servant leader in her local community,” he added.

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