DevelopmentTuesday, November 3
Medley opens in Johns Creek with its office space already 100% leased
The Daily Roswell team
If you've been waiting for Johns Creek to get a downtown, Medley is here. It opened Oct. 29 on the former State Farm campus. The first phase of the $560 million project has 145,000 square feet of retail and restaurants, 340 rental homes, 133 for-purchase townhomes and a 25,000-square-foot plaza.
The big number is on the office side. Toro Development Company says the office space is 100% leased, the first spec office project in metro Atlanta to open fully leased in more than a decade. North Fulton's Class A office vacancy is approximately 31%, with Johns Creek at 18%, according to Stream Realty Partners.
Johns Creek's office vacancy runs below North Fulton's
Source: Metro Atlanta CEO
View as table
| Value | |
|---|---|
| North Fulton Class A | 31% |
| Johns Creek | 18% |
- Boehringer Ingelheim: 73,000 square feet, 500 employees moved in August
- Brightree: 17,751 square feet
- First American Bank & Trust: 3,290 square feet
Next up is Encore, the second phase, which will add 408 luxury multifamily homes and 20,000 square feet of ground-floor retail. A Trader Joe's opened at Medley in June.
Medley's next phases run through 2028
- Oct. 29Medley's first phase opens with a ribbon cutting
- AprilEncore, the second phase, broke ground
- 2027Encore is slated to be completed
- 2028A hotel from Mainsail Lodging & Development is expected to open
Source: Appen Media
Sources: Metro Atlanta CEO, ajc, Appen Media