Are you ready for Town Brookhaven to be completed? We are too. Lot's of new openings have definitely increased traffic, which is a good sign for the development but there is still a ton of construction and For Lease signs. Since we've moved to the area, this development has continued to pique our interest with the new shops, stores and restaurants coming to it. Now... I think were just ready for it to be completed. Well, news now is that Town Brookhaven is officially getting another apartment complex. At least that's the word from Bisnow Atlanta. It's a renter's market out there right now, and the planned condominium development on the last large parcel (top left in aerial) has been purchased by Fairfield Residential who plan to build a 280-unit class A apartment complex. No word on exact time-frame yet.
The Town Brookhaven development currently has two apartment complexes already on site, along with a Costco, Publix, La Fitness (under construction with a late-summer planned opening), movie theatre (under construction), and numerous shops and restaurants. Our official opinion would be that this new residential complex is good for the development. More everyday foot traffic always brings a more competitive retail and restaurant environment. But it also drives higher rent prices and keeps out more mom & pop stores and restaurants that could add some local flavor and character. What do you think?
We will keep you posted on more updates as they come along!
