Cumberland Investment

29
Cumberland Investment
Mixed-Use
1. 2. 3. 4.
Under
Construction
Zoned
Ackerman’s Stadium Walk
Atlanta Braves’ The Battery Atlanta
Denton’s Broadstone at Windy Ridge
JLB Realty LLC 2747 Paces Ferry
Completed
Office
5. Childress Klein’s Galleria 500
6. Childress Klein’s Galleria 555
7. Genuine Parts Company Headquarters
8. Greenstone’s Encore Center
9. Highwoods and Seven Oaks’ Riverwood 200
10. Hines’ Two Overton Park
11. Pope & Land’s 200 City View
12. TPA Group’s 1100 Overton
23
17
Residential
7
33
13. Acadia Homes’ Sutton Park
14. Arrowhead’s Stillhouse Lane
15. Atlantic Realty’s The Reserve
at the Ballpark
16. John Wieland Homes’ Gates at
Ivy Walk
17.JW Acquisitions’
Arbington at Wildwood
18. Mill Creek Residential
19. Oxford Properties’ Encore
20. Pope & Land/River Oaks Drive
21. Pope & Land’s Stillhouse Ridge
22. Pulte Homes’ Cumberland at Beech Haven Trail
23. Pulte Homes’ Terrell Mill Ivy Gate
24. Pulte Homes’ Vinings Crest
25. Ryland Homes’ Towns at Breton Ridge
26. The District at Windy Hill
27. Trammell Crowe’s Alexan at Overlook
28. Walton Riverbend
29. Brooks Chadwick’s Capital
34
260
26
33
32
1
259
33
25
260
15
28
2
259B
12
259A
Cumberland will realize
$4.0 billion in public and
private investment between
2013 and 2018.
• $2.0 billion in private
• 1.8 million sq ft new Class A office
• 6,806 new residential units zoned
• 1,582 new hotel rooms
• 625,500 sq ft new retail
• $2 billion in area public
infrastructure improvements
30
5
6
258
10
33
18
13
21
19
9
20
14
259A
8
36
27
11
Hotel
30. 1100 Overton Hotel
24
31. Marriott Courtyard at Vinings
32. Candlewood Suites
4
Retail/
Other
31
Select CID Capital Improvement Projects
33. Olshan Properties’ Akers
Mill Square Bonefish Grill 29
34. SpaceMax Storage Facility at
Powers Ferry
35. WellStar Vinings Health Park
36. Passion City Church
29
Windy Hill Improvement Projects Including: Diverging Diamond Interchange
US 41/Cobb Parkway Widening and Trail
US 41/Cobb Parkway Bridge Replacement
Street/Ped Lighting & Mast Arms Project (various routes)
Cumberland Blvd West Intersection Improvements & Streetscape
Cumberland Boulevard Bridgescape
Bob Callan Trunk Trail Extension
Riverwood Parkway Streetscape
US 41/Cobb Parkway Central Streetscape & Mast Arms
Akers Mill Road Central & West Streetscapes
Akers Mill Trail East
Other Select Public Infrastructure Projects
16
35
Atlanta Road Interchange
Braves Related Infrastructure Improvements
SPLOST Cumberland Related Projects Including: Terrell Mill Connector
Water Main Infrastructure
22
6/17/16 the total value of permits in the CCID is $126 million ($118 million is commercial or CID taxable).
Private Investment Projects Pipeline Through
This makes up 54% of Cobb County’s total commercial permit value to date in 2016.
Mixed-Use Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Ackerman’s Stadium Walk - 392 Multifamily units, 290 Hotel rooms, 80,000 Sq Ft Retail, 2018 - 1.
Atlanta Braves - 630,000 Sq Ft office, 600 Multifamily units, 260 Hotel units, 500,000 Sq Ft Retail, 2017 - 2.
Denton’s Broadstone at Windy Ridge - 280 Multifamily units, 8,000 Sq Ft retail, 2017 - 3.
JLB Realty LLC’s 2747 Paces Ferry - 295 Multifamily units, 71 Townhomes, 35,000 Sq Ft Retail, Late 2017-Early 2018 - 4.
Office Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Trammell Crowe’s Alexan at Overlook
Atlantic Realty’s The Reserve at the Ballpark
Ackerman’s Stadium Walk
Childress Klein’s Galleria 500 - 475,000 Sq Ft, Zoning Approved, TBD - 5.
Childress Klein’s Galleria 555 - 250,000 Sq Ft, Zoning Approved, TBD - 6.
Cousins Properties’ Genuine Parts Company Headquarters - 200,000 Sq Ft, Bonds Approved & Validated, Under Construction, 2016 - 7.
Greenstone’s Encore Center - 200,000 Sq Ft, Bonds Approved & Validated, 2018 - 8.
Highwood & Seven Oaks’ Riverwood 200 - 350,000 Sq Ft, Bonds Approved & Validated, Under Construction, 2017 - 9.
Hines’ Two Overton Park - 390,000 Sq Ft, Zoning Approved, TBD - 10.
Pope & Land’s 200 City View - 450,000 Sq Ft, Zoning Approved, TBD - 11.
TPA Group’s 1100 Overton - 400,000 Sq Ft, Bonds Approved & Validated, 2017 - 12.
Residential Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Acadia Homes’ Sutton Park - Townhomes, 25 Units, Under Construction, 2016 - 13.
Arrowhead’s Stillhouse Lane - Townhomes, 39 Units, Under Construction, 2015 - 14.
Atlantic Realty’s The Reserve at the Ballpark - Multifamily, 320 Units, Under Construction, 2016 - 15.
John Wieland Homes’ Gates at Ivy Walk - Townhomes, 24 Units, Under Construction, 2016 - 16.
JW Acquisitions’ Arbington at Wildwood - Townhomes, 45 Units, Zoning Approved, 2016 - 17.
Mill Creek Residential - Multifamily, 300 Units, Zoning Approved, TBD - 18.
Oxford Properties’ Encore - Multifamily, 327 Units, Under Construction, 2016 - 19.
Pope & Land’s River Oaks Drive - Multifamily, 259 Units, Zoning hearing in March 2016 - 20.
Pope & Land’s Stillhouse Ridge - Multifamily, 240 Units, Zoning Approved, TBD - 21.
Pulte Homes’ Cumberland at Beech Haven Trail - Townhomes, 28 Units, Zoning Approved, TBD - 22.
Pulte Homes’ Terrell Mill Ivy Gate - Townhomes, 52 Units, Zoning Approved, 2017 - 23.
Pulte Homes’ Vinings Crest - Townhomes, 63 Units, Under Construction, 2016 - 24.
Ryland Homes’ Towns at Breton Ridge - Townhomes, 74 Units, Under Construction, 2016 - 25.
The District at Windy Hill - Multifamily, 275 Units, Zoning approved, 2017 - 26.
Trammell Crowe’s Alexan at Overlook - Multifamily, 300 Units, Under Construction, 2016 - 27.
Walton Riverbend - Multifamily, 26 Units,TBD, 2016 - 28.
Brooks Chadwick Capital @ Paces Ferry & Spring Hill Pkwy - 67 Townhomes, TBD - 29.
Hotel Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
1100 Overton Hotel - Planned, 350,000 sq ft, 350 rooms, 2015 - 30.
Marriott Courtyard at Vinings, 350,000 sq ft, 400 rooms Zoning Approved, TBD - 31.
Candlewood Suites - 5-story, 92 rooms, TBD - 32.
Highwoods & Seven Oaks’ Riverwood 200
Retail/Other Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Olshan Properties’ Akers Mill Square - Bonefish Grill, Variance TBH January - 33.
SpaceMax Storage Facility at Powers Ferry - Delivered, 2015 - 34.
Well Star Vinings Health Park, 105K sq ft, -35.
Passion City Church-Cobb Pkwy & Cumberland Blvd, 186,972 sq. ft. TBD - 36.
JLB Realty’s Paces Ferry Development
Public Investment Projects Pipeline
Select CID Capital Improvement Projects
FUNDING SOURCE ESTIMATED COMPLETION TOTAL COST
Cumberland Boulevard Bridgescape
Windy Hill and I-75 DDI
Windy Hill Improvement Projects Including: Diverging Diamond Interchange - CID/Cobb SPLOST/SRTA 2017 $48 m
Under Construction - East & West Improvements Broke Ground, DDI will break ground by the end of 2015
US 41/Cobb Parkway Widening and Trail - CID/Cobb SPLOST/GDOT 2017 $35.7 m
US 41/Cobb Parkway Bridge Replacement - CID/Cobb SPLOST/GDOT 2015 $18.8 m
Street/Ped Lighting & Mast Arms Project (various routes) - CID 2017 $3.6 m
Cumberland Blvd West Intersection Improvements & Streetscape - CID/Cobb SPLOST/TBD 2017 $6.3 m
Cumberland Boulevard Bridgescape - CID/GDOT 2017 $1 m
Bob Callan Trunk Extension - CID/FHWA/ARC 2018 $9 m
Riverwood Parkway Streetscape - CID 2016 $0.6 m
US 41/Cobb Parkway Central Streetscape & Mast Arms - CID/ARC 2015 $3.8 m
Akers Mill Road Central & West Streetscapes - CID/ARC 2017 $4.5 m
Akers Mill Trail East - CID 2015 $2.9 m
Other Select Public Infrastructure Projects
FUNDING SOURCE ESTIMATED COMPLETION TOTAL COST
US 41/Cobb Parkway Bridge Replacement
Cumberland Circulator/Shuttle System - Cobb SPLOST/Federal Aid/Other 2017 $3.35 m
I-285 Pedestrian Bridge - CID/Federal Aid TBD $9.8 m
Interstate North Parkway / Realignment & Pedestrian Improvements - Cobb SPLOST/State Aid 2017 $4.55 m
Northwest Corridor Express Lanes - GDOT 2018 $830 m
Water Main Infrastructure - Cobb $68 m
Windy Hill / Terrell Mill Connector - Cobb SPLOST/State Aid/Other TBD $30 m
Windy Ridge Parkway / Pedestrian Improvements on Bridge - Cobb SPLOST/State Aid/Other 2017 $10 m
This list is gathered through the public records for Cobb County and does not claim to be exhaustive.
Northwest Corridor Express Lanes at I-75 & I-285