Fayette Promenade
lines up first tenants By MONROE ROARK
mroark@TheCitizenNews.com
Kinko's
and Simmons Bettersleep are the first two tenants
lined up for the Fayette Promenade retail
development, which should be open early next
year.
A
three-acre portion of the 30 acres owned by
Fayette Promenade LLC has been approved by the
Fayetteville Planning and Zoning Commission for
development of about 31,000 square feet of retail
space, with construction likely to begin by
mid-September, according to project manager
Monica Lozoff.
Fayette
Promenade is not the same company that developed
the Uptown Square shopping center next door,
which includes Barnes & Noble as well as
Linens & Things. Lozoff said there has been
some confusion about that, with some city
officials displeased over how the Linens &
Things development turned out.
The
only area where those two parties are connected
is the agreement to develop the loop road that
runs in front of the site and will eventually
become a public road, Lozoff said. Since the
current development only has right-in/right-out
access from Ga. Highway 85, the road was built to
allow traffic back onto the highway in the
opposite direction by way of the traffic light
next to Office Depot.
The
initial three-acre tract that has already been
approved will not contain anything as large as
Barnes & Noble or Linens & Things, Lozoff
said, but larger tenants on future portions of
the overall site are possible, depending upon the
market and interest from prospective tenants.
Most of the 30 acres goes back away from Hwy. 85
in a long rectangle, as Lozoff put
it.
There
is no need for the company to appear before the
city again concerning the initial portion of the
development. Once the Planning Commission
approved site plans and elevations, we were good
to go, Lozoff said. I think the
city's been really good about working with
us.
Plans
for the next phase could begin at any time, even
before the first portion is completed, depending
upon tenant interest, she added.
|