Dunwoody, Ga. – March 3, 2020 – The City of Dunwoody today announced approximately 1.4 million sq. ft. of mixed-use developments, office and restaurant space were leased in 2019, adding to the thriving landscape of Atlanta’s first edge city. The city’s Perimeter Market continues to be one of the region’s predominant economic engines, with 2020 expected to see substantial expansion as new projects and long-awaited developments come to fruition, including the $2 billion High Street development across from the city’s MARTA Station.
“Dunwoody is thriving as one of the region’s emerging mixed-use districts,” said Michael Starling, economic development director for the City of Dunwoody. “Connectivity is driving important development decisions and creating density in the right places.”
2019 Highlights & Wins
In 2019, the City of Dunwoody green-lit plans for a total of four major mixed-use developments that will bring new hotels, retail offerings and restaurants to the area. Projects include the approximately $38 million development Perimeter Marketplace – expected to bring 370 jobs to the city, according to the Center for Economic Research and Development at Georgia Tech; and two hotel-anchored mixed-use developments planned for 11 Ravinia Parkway and 84 Perimeter Center East that includes more than 80,000 sq. ft. of new restaurant, retail options and an additional 300 hotel rooms.
More than 230,000 sq. ft. of new office leases have been signed to a wide variety of companies last year. Most notably, Zillow Offers will develop a 52,000-square-foot office in the city; leather goods maker Circa of America relocated its headquarters from San Francisco to Dunwoody; and coworking challenger brand Serendipity Labs opened a new upscale office space in Perimeter Center.
Several new restaurants were announced to join Dunwoody’s bustling food and beverage scene in 2019, including four new eateries at Perimeter Mall: Sixty Vines, a restaurant serving wines on tap with wine country cuisine; a sister restaurant of Sixty Vines called Whiskey Cake Restaurant and Bar, serving farm to table dishes; the lodge-chic chain, Lazy Dog; and American casual dining restaurant and sports bar, Buffalo Wild Wings. In total, Dunwoody approved seven new dining venues in the past year.
2020 – A Year of Continued Growth
With high-profile projects moving forward and several signings already underway in the first month of the year, 2020 is set to be another year of growth for the City of Dunwoody. Economic developments include:
· Phase I of the long-awaited $2 billionHigh Street project, a mini city expected to feature more than 8 million sq. ft. of offices, retail, residences and hotel rooms
· A new second building as part of theState Farm campus, adding 670,000 sq. ft. of office space and 50,000 sq. ft. of retail space
· The Twelve24 Hammond office building (pictured right) with 335,000 sq. ft. of new class-A office space and the newIron Hill Brewery & Restaurant, a brewery serving award-winning beers and craft kitchen items
Dunwoody’s economic development department works to attract the companies, retailers, restaurants and developers that continually improves the quality of life for residents, businesses and tourists.
For more information about the City of Dunwoody, visit DunwoodyGA.gov or call 678-382-6700.
About the City of Dunwoody
Located just 10 miles north of Atlanta, Dunwoody, Georgia is a premier hub for shopping, dining, business, and genuine hospitality. With easy access to mass transit and major highways, the city provides accessibility to key Georgia tourist attractions, events, and festivals while still delivering the charm of a small community. The city’s business-friendly atmosphere, diverse recreation options, lower-overall cost of living and proximity to mass transit has established Dunwoody as an up-and-coming center of employment, transportation, educated workforce and population density.
Julie Hong, Hemsworth Communications
678-631-9974 or CityofDunwoody@HemsworthCommunications.com