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PARSONS ALLEY PA - Paying Homage to the Past - A Food, Art, and Entertainment District

PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

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Page 1: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

P A R S O N SALLEY

PA

- P a y i n g H o m a g e t o t h e P a s t -A F o o d , A r t , a n d E n t e r t a i n m e n t D i s t r i c t

Page 2: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

PARSONS ALLEY ...a place in history.

Page 3: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

PARSONS ALLEY ...a place in history.

Page 4: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

Project Description

Regional and Site Location

Parking - Downtown Surrounding

Illustrative Master Plan

Site Plan & Architectural

A1. Duluth Event Calendar

A2. Local Demographics

B1. Tax Incentives - Opportunity Zones

C1. JLL - The Village in Duluth

Table of Contents

pg. 5

pg. 6-8

pg. 9

pg. 10

pg. 11-20

pg. 21

pg. 22

pg. 23

pg. 25-44

This information in the following package has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must

verify the information and bears all risks for any inaccuracies.

Page 5: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

5

Project Description

Building on the outstanding success of Duluth’s Village Green as the preeminent gathering place in Gwinnett County, Parsons Alley will extend the energy to the block across West Lawrenceville where the old City hall and Annex once stood.

The Parsons Alley development will use the picturesque stone church and it’s parsonage as the starting point for a collection of carefully selected restaurants and shops surrounding an inviting plaza with festive lighting and public art. With venues featuring opportunities for al fresco dining on rooftop decks and

outdoor patios. Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f.

Parsons Alley is being crafted by two development firms who have been focused on creating special places in Atlanta for over 20 years. Fabric Developers, LLC, a specialist in neighborhood friendly pedestrian oriented development and Vantage Realty Partners, LLC, who brings a special expertise in curating

food oriented and creative class developments.

PARSONS ALLEYPA

Page 6: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

6

POPULATION2013

6,425

176,790

POPULATIONGROWTH2010-13

0.93%

1.11%

PROJECTEDGROWTH2013-18*

1.45%

1.70%

AVG. HHINCOME

2013

$78,388

$92,236

Median Age

34.7

1 Mile

5 Miles

AVG. HHINCOME

2018*

$92,307

$108,550

“Capture the Spirit of good living”

DEMOGRAPHIC SNAPSHOT

The motto of Duluth is ringing more true than ever as population, income levels, and recognition as a must visit

destination have seen strong growth, with no projections of slowing down.

Regional / Site PARSONS ALLEY

Page 7: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

7

PARSONS ALLEY DEVELOPMENT

JOHN WIELAND HOMES DEV.

~50 Town Homes

JOHN WIELAND HOMES DEV.

~100 Single Family

PROCTOR SQUARE DEV.

Luxury Apt.~360 Units

CITY HALL

Regional / Site

TOWN GREEN

PARSONS ALLEY

HISTORIC DOWNTOWN

DULUTH

Page 8: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

8

Regional / Site

CITY HALL

The Parsons Alley Development encompasses the northeast block of Historic Downtown Duluth. It will mirror City Hall, book

ending the town center.

It’s position allows it to be an integral part of this highly active

area, while cultivating it’s own particular Sense of Place. It will

pay homage to the history of Duluth, GA, while paving the

way forward in arts and culture.

PARSONS ALLEY

Page 9: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

9

Parsons Alley & Town Green Parking PARSONS ALLEY

PARKING MAP [2017]DOWNTOWN DULUTH, GEORGIA

TOTAL PARKING COUNTS

Downtown Duluth Parking: 734 spaces

Scale: 1” = 80’

Potential Shared Parking: 205 spaces

Total Downtown Parking: 939 spaces(including potential shared spaces)

PUBLIC PARKINGAREAS [2017]

POTENTIAL SHAREDPARKING AREAS [2017]

LEGEND:

PARKING SPACECOUNT#

N

128

24

12

30811

6

2

9

5

6

4

141

21

2619

53

6

9

40

94

24

37

20 24

19

3

22

6

64

67

Page 10: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

10

Illustrative Master Plan PARSONS ALLEY

Page 11: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

11

PARSONS ALLEYSite Plan

Location Interior Patio

BLDG 100 3130 1200

SUITE 210 2855 530

SUITE 220 2215 415

SUITE 310 LEASED

SUITE 320 (retail)

1315 -

SUITE 330(retail)

1220 -

Location Interior Patio

SUITE 340 LEASED

SUITE 510 3335 1355

SUITE 520 4335 1140

SUITE 530 3910 -

SUITE 540(Rest. retail)

650 -

BLDG 600 2925 1200 Patio 1060 Balconcy

Page 12: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

12

DOUBLE 2X PTCOLUMN ON STEELKNIFE PLATE BASE;PAINTED; TYP

4X PT TIMBERTRELLIS BEAMWITH 2X PTINFILL BEYOND

GABLED PT 2XEXTENDS OUT FROMFACE OFPARSONAGE ENTRY

NEW WOOD & GLASSENTRY DOORS

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"1 SD ELEVATION - BLDG 100

0' 4' 8' 16' 24'

- BLDG 100

Site Plan PARSONS ALLEY

Page 13: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

13

PAINTED STEEL TIE ROD

STEEL FLITCH PLATECONNECTION; PAINTED, TYP

NEW PT TIMBER FRAMETRELLIS EXTENDS OUTFROM FACE OF NARTHEX

DOUBLE 2X PT COLUMNON STEEL KNIFE PLATEBASE; PAINT, TYP

STEEL ANGLE POSTAND CABLE RAILING

NEW WOOD & GLASSDOUBLE ENTRY DOOR

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"1 SD ELEVATION - BLDG 200

0' 4' 8' 16' 24'

BLDG 200

Site Plan PARSONS ALLEY

Page 14: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

14

CAST STONE CAP

STUCCO BAND

CAST STONE MEDALLIONS

STACK BOND BRICK ON MTL STUDS

RUNNING BOND BRICK ON MTL STUDS

BRICK ROWLOCK WINDOW SILLS

WINDOWS*

RECESSED ENTRY W/TONGUE & GROOVE

SOFFIT - SEE FLOOR PLAN

7'0" TALL WOOD & GLASSDOUBLE DOOR

*WINDOW CONSTRUCTION TO BE COORDINATED W/ CONTRACTOR:

LOWER WINDOW OPTIONS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN TO SITE BUILT FRAME WITH PVC STOPS & FIBER CEMENT TRIM2. CUSTOM SIZE, FIXED, INSULTAED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

UPPER CLERESTORY WINDOWS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-310

2 SD ELEVATION - SUITE 310

- BLDG 300

Site Plan PARSONS ALLEY

Page 15: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

15

*WINDOW CONSTRUCTION TO BE COORDINATED W/ CONTRACTOR:

LOWER WINDOW OPTIONS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN TO SITE BUILT FRAME WITH PVC STOPS & FIBER CEMENT TRIM2. CUSTOM SIZE, FIXED, INSULTAED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

UPPER CLERESTORY WINDOWS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

BUILT UP FIBER CEMENTCORNICE W/ FLASHING ABOVE

WOOD OR WOODCOMPOSITE BRACKETS

10'0" TALL WOOD & ARCHEDGLASS DOUBLE DOOR

FIBER CEMENT TRIM ON MTL STUD, TYP.

* WINDOWS

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-320

2 SD ELEVATION - SUITE 320

1/8" = 1'-0"SD-320

3 SD ELEVATION - SUITE 320

- BLDG 300

Site Plan PARSONS ALLEY

Page 16: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

16

TERRA COTTA ROOFING

7'0" TALL WOOD & GLASS DOORS WINDOWS*

RUNNING BOND BRICKON MTL STUD

RECESSED ENTRY W/ TONGUE &GROOVE SOFFIT - SEE PLAN

*WINDOW CONSTRUCTION TO BE COORDINATED W/ CONTRACTOR:

LOWER WINDOW OPTIONS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN TO SITE BUILT FRAME WITH PVC STOPS & FIBER CEMENT TRIM2. CUSTOM SIZE, FIXED, INSULTAED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

UPPER CLERESTORY WINDOWS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

EXPOSED P.T. WOOD RAFTERS ON P.T. WOODBEAM AND BUILT UP FIBER CEMENT

CORNICE - SEE SECTION DETAIL TO RIGHT

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-330

3 SD ELEVATION - SUITE 330

SUITE 320

- BLDG 300

Site Plan PARSONS ALLEY

Page 17: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

17

WINDOWS*

7'0" TALL WOOD &GLASS SINGLE DOOR

BUILT-UP FIBERCEMENT CORNICE

BRICK ROWLOCK CAP

RECESSED BRICK

BRICK ROWLOCK WINDOW SILL, TYP.

RUNNING BOND BRICK ON MTL STUD; TYP

EXPOSED BRICK CORNERS

RECESSED CORNER ENTRY - SEE FLOOR PLANPAINTED STEEL COLUMN

*WINDOW CONSTRUCTION TO BE COORDINATED W/ CONTRACTOR:

LOWER WINDOW OPTIONS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN TO SITE BUILT FRAME WITH PVC STOPS & FIBER CEMENT TRIM2. CUSTOM SIZE, FIXED, INSULTAED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

UPPER CLERESTORY WINDOWS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-340

2 SD ELEVATION - SUITE 340

- BLDG 300

Site Plan PARSONS ALLEY

Page 18: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

18

OPEN OPEN OPEN OPEN

BRICK CORBELLING AT TOP

STACKED ROWLOCK OVER SOLDIERCOURSE AT UPPER WINDOW HEAD

HORIZONTAL CABLE RAILINGW/ METAL CAP; PAINT

RECESSED BRICK, TYP.

BRICK SOLDIER COURSE ATLOWER WINDOW HEAD

RUNNING BOND BRICKON MTL STUD; TYP.

BRICK ROWLOCK AT WINDOW SILL

7'0" TALL WOOD & GLASSSINGLE DOOR, TYP.

C-CHANNEL FRAME METALCANOPY W/ METAL TIE RODS; PAINT

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-510

2 SD ELEVATION - SUITE 510

- BLDG 500

Site Plan PARSONS ALLEY

Page 19: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

19

C-CHANNEL FRAME METALCANOPY W/ METAL TIE-RODS

ROWLOCK WINDOWSILL

RUNNING BOND BRICKON MTL STUD; TYP

8'0" TALL ALUMINUM &GLASS STOREFRONT DOUBLEDOOR, TYP.

ALUMINUM STOREFRONTWINDOWS IN RECESSED PATIOWALL ONLY;HORIZONTALSTEEL TUBE BETWEEN UPPERAND LOWER GLASS

CAST STONE CAPSOLDIER COURSE & STACK BONDBRICK FRAME AT TOP

STEEL FRAME WINDOWS IN EXTERIORWALL. HORIZONTAL STEEL TUBE

BETWEEN UPPER & LOWER WINDOWS.SEE SEALCRAFT WINDOWS OUT OF

SHREVEPORT, LA FOR REPRODUCTIONSTEEL WINDOWS PRODUCT

RECESSED PATIO& ENTRY - SEEFLOOR PLAN

GARAGE DOORS

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-520

2 SD ELEVATION - SUITE 520-530

- BLDG 500

Site Plan PARSONS ALLEY

Page 20: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

20

FIBER CEMENT TRIM ON MTL STUD, TYP.

7'0" TALL WOOD & GLASS DOUBLE DOOR

ROWLOCK BRICK CAPRUNNING BOND BRICKON MTL STUD; TYP

RECESSED BRICK BUILT UP FIBER CEMENT TRIMCORNICE W/ FLASHING ABOVE

*WINDOW CONSTRUCTION TO BE COORDINATED W/ CONTRACTOR:

LOWER WINDOW OPTIONS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN TO SITE BUILT FRAME WITH PVC STOPS & FIBER CEMENT TRIM2. CUSTOM SIZE, FIXED, INSULTAED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

UPPER CLERESTORY WINDOWS:1. CUSTOM SIZE, FIXED, INSULATED GLASS SET IN WOOD OR ALUMINUM CLAD WOOD SASH

WINDOWS*

DULUTH, GA

PARSON'S ALLEY REDEVELOPMENT

1/8" = 1'-0"SD-540

2 SD ELEVATION - SUITE 540

BLDG 500

Site Plan PARSONS ALLEY

Page 21: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

21

Event Calendar PARSONS ALLEY

Page 22: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

22

Demographics

# ofBUSINESSES

482

1,665

9,818

# ofEMPLOYEES

3,740

16,709

133,066

# ofEMPLOYEES / BUS.

8

10

14

1 Mile

3 Miles

5 Miles

DULUTH DAYTIME EMPLOYMENT

PARSONS ALLEY

Page 23: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

23

*Building 600 is not within the

Opportunity Zone.

Opportunity Zones - Tax Credit Incentives PARSONS ALLEY

• Tax Credit allowed - Up to $3,500 per job created• Minimum threshold for tax credit program - 2 jobs created• Job Tax Credits against 100 percent of GA income tax liability and withholding tax• Businesses of any nature available to qualify

Opportunity Zone Tax Credit Incentives

Local governments which undertake redevelopment and revitalization efforts in certain older commercial and industrial areas can now qualify those areas for the State’s maximum job tax credit of $3,500 per job. The incentive, which is available for new or existing businesses that create two or more jobs, is a Job Tax Credit which can be taken against the business’s Georgia income tax liability and payroll withholding tax. The credit is available for areas designated by DCA as an “Opportunity Zone”. DCA will consider designations for areas that are within or adjacent to a census block group with 15% or greater poverty where an enterprise zone or urban redevelopment plan exists. - GA Dept. of Community Affairs

Program Description

State Designated Opportunity Zones

Parsons AlleyDevelopment

Downtown Duluth has had two redevelopment areas approved as Opportunity Zones. Any business located in these designated ar-eas can take advantage of the state’s highest Job Tax Credit (JTC).

Page 24: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

P A R S O N SALLEY

PA

- P a y i n g H o m a g e t o t h e P a s t -A F o o d , A r t , a n d E n t e r t a i n m e n t D i s t r i c t

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risks for any inaccuracies.

Page 25: PA PARSONS...Parsons Alley will have over 30,000 s.f. of restaurant and shop space in a dozen spaces ranging from 700 s.f. to over 5,000 s.f. Parsons Alley is being crafted by two

- 400,000 JOBS WITHIN 10 MILES- 4 FORTUNE 500 HQ

FORT

UNE 500 HQ

FORT

UNE 500 HQ

JOHNS CREEK RESIDENTIAL

AVG. HOME VALUE: $550K+

HHI: $155K+ALPHARETTA RESIDENTIAL

AVG. HOME VALUE: $625K+

HHI: $175K+

SUWANEE RESIDENTIAL

AVG. HOME VALUE: $330K+

HHI: $110K+

Peachtree Industrial

McGinnis Ferry

Hwy 23/Buford Hwy

85

DOWNTOWN DULUTH$35 M Investment20 Retail and Restaurants

SUGARLOAF MILLS1.2M SF Retail

NORTH FULTON OFFICE MARKET

17M SF Office165,000+ Jobs

GWINNETT MEDICAL CENTER DULUTH

DULUTH RESIDENTIAL

AVG. HOME VALUE: $350-800K+HHI: 125K+

FORT

UNE 500 HQ

Pleasant Hill Rd.

FORT

UNE 500 HQ

BUCKHEAD16M SF Office100,000 Jobs

DOWNTOWN / MIDTOWN30M Sf Office250,000 Jobs

PERIMETER CENTER

29M SF Office123,000+ Jobs

PEACHTREE RIDGE PARK

GWINNETT PLACE MALL1.3M SF Retail

200,000 VPD

25,000 VPD

48,000 VPD

40,000 VPD

50,000 VPD

Sugarloaf Pkwy

Hwy 120 / Duluth Hwy 20,000 VPD

THE VILLAGE IN DULUTH6

EXECUTIVE SUMMARY

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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DULUTH FESTIVAL CENTER

Many small towns across the Nation are re-inventing themselves to create a sense of place and community for their resi-dents. No city has been more successful than Duluth, a vibrant community where families, businesses, and lives thrive.

The City offers everything to truly capture the spirit of good living. With sidewalks and bikeways that connect all areas of the city, celebrations and festivals, multi-ple entertainment and shopping venues, Duluth is an active, prosperous commu-nity. With easy access to all of Atlanta, Duluth offers the best of big-city ameni-ties and small-town ambiance.

THE VILLAGE IN DULUTH10

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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400,000 Jobs Within 10 Miles

4 Fortune 500 Headquarters

$35M Public and Private Investment to Downtown Core

TOP 10 State Ranking for Duluth High School

NEW STEAM Middle School in Downtown Duluth

$125,000+ Median Household Income in the City

$350,000+ Average Home Value

46% Population Growth Since 2000

35 Median Age of Duluth Residents, Below National Average Provides Greater Quantity of Well-Established Young Professionals

DULUTH HIGHLIGHTS

THE VILLAGE IN DULUTH11

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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40,000+ VPD

DULUTH RESIDENTIALHOUSEHOLD

INCOME: $125k+ AVG. HOME VALUE:

$350-800k+

23

DULUTH HIGH SCHOOL - RANKED 9th IN STATE

NEW COLEMAN MIDDLE SCHOOL

STEAM-CERTIFIED - Opening Fall 2016

NEW PARSONS ALLEY DEVELOPMENT

- 40,000+ SF Retail/Entertainment District

- Currently Under construction

REVITALIZED DOWNTOWN CORRIDOR

FUTURE DEVELOPMENT SITE

JOHN WIELAND HOMES DEVELOPMENT SITE - 50 Townhomes

JOHN WIELAND HOMES DEVELOPMENT SITE - 100 Single Family Homes

CITY HALL

PULTE GROUP NEW HOMES

$350-450K+

CITY STREETSCAPE PROJECT

CITY STREETSCAPE PROJECT

20,000+ VPD120

THE VILLAGE IN DULUTH12

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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REVITALIZED DOWNTOWN DULUTHDowntown Duluth is a community center and gathering place that of-fers shopping, food, entertainment and relaxation. Downtown is in the final stages of a $35M redevelopment including public and private in-vestment. It is now home to a variety of local specialty merchants and restaurants that cater to every desire.

DULUTH CITY HALL

PURE TAQUERIA

DULUTH TOWN GREEN

DULUTH FESTIVAL CENTER

This historic building recently underwent substantial renovations in addition to several improvements to the adjacent Town Green, foun-tain, and community center totaling over $15M in public investment.

THE VILLAGE IN DULUTH13

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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MAIN STREET DULUTH

PURE TAQUERIA MAIN STREET DULUTH

DOWNTOWN DULUTH WALKABILITY

DULUTH FALL FESTIVAL

THE VILLAGE IN DULUTH14

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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In addition to the unique shopping and eating experience, Downtown Duluth is home to a spectacular Town Green, including an outdoor amphitheater, fountain, Taylor Park and City Hall. Each year the Town Green hosts free festivals, concerts, movies and

other entertainment provided by the City.

FRIDAY-N-DULUTHDULUTH FOOD TRUCK SERIES

DULUTH SUMMER STAGE CONCERT SERIES

DULUTH FESTIVAL CENTER

THE VILLAGE IN DULUTH15

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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PARSONS ALLEY RETAIL AND RESTAURANT DISTRICTThe new food, art, and entertainment district is currently being developed as a continuation of Duluth’s Main Street corridor and is located immediately across the street from The Village. It will introduce over 40,000 square feet of retail, featuring rooftop decks and outdoor patios. Adjacent to The Village, Dreamland BBQ is projected to open in May 2016.

Parsons Alley

THE VILLAGE IN DULUTH16

INVESTMENT HIGHLIGHTS

© Copyright 2016 Jones Lang LaSalle, IP, Inc.

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CITY CENTER ROAD AND SIDEWALK IMPROVEMENTSSeveral projects will continue to increase the walkability and live/play atmosphere of Duluth’s city center. These projects are all expected to commence or complete in 2016. The city has committed several million dollars of TSPLOST funds toward these infrastructure improvements.

› Upgraded intersection signaling

› Improved curb and wastewater infrastructure along Hwy 23

› Additional parallel parking along Main Street

› Widened sidewalks

› Increased crosswalks

› Decorative lighting

› Improved landscaping

DREAMLAND BBQ - OPENING MAY 2016NEW COLEMAN MIDDLE SCHOOL - OPENING FALL 2016

MAIN STREET IMPROVEMENTS

THE VILLAGE IN DULUTH17

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DULUTH TOWN GREEN

DULUTH FOOD TRUCK FESTIVAL

DOWNTOWN DULUTH OFFERS WALKABILITY, LIFESTYLE AMENITIES STEPS FROM THE VILLAGEDowntown Duluth has become home to some of the best known retail and restau-rants in the city, and is continuing to grow. With the addition of Dreamland BBQ and several new restaurants, the downtown district is expanding and diversifying, providing residents the entire live/play spectrum.

RESTAURANTS

1 Crave Pie Studio

2 Steverino's Pizza

3 Duluth Rexall Grill

4 Pizza Hut

5 NEW Dunkin' Donuts

6 The Best of Brews

7 Park Café

8 Espresso Theory Coffee Shop

9 PURE Taqueria

10 Dreamland BBQ - Coming May 2016

11 Parsons Alley Development - Under Construction

ART/BEAUTY

1 Eye Candy Art Studio

2 French Door Salon & Spa

3 Rain the Salon

4 Red Clay Music Foundry (Live Music)

5 Rare Purls Yarn Boutique

6 Salon

7 2 Smith Art Gallery

OTHER

1 Taylor Park

2 Duluth Festival Center

3 The Work Spot - coworking office space

4 Medical Offices

5 Coleman Middle School - Coming Fall 2016

6 Duluth City Hall

7 Continental Divide Statue

8 BB&T Duluth

9 Pharmacy

10 Valero Convenience Store

CLOTHING/ACCESSORIES

1 Smith's and Boco Girl

2 The Farmhouse Decor & Gifts

3 Everything Handmade

4 American Threads

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DIRECT ACCESS TO NORTH ATLANTA’S PREMIER ECONOMIC HUBSThe Village will boast a prime location in the submarket that has been a consistent leader in both population and employment growth for the past decade. This growth has lead to the development of North Atlanta’s most prolific employment centers, as well as the following economic indicators:

› Steady employment base anchored in a diverse range of industries

› Strong professional environment along I-85 corridor, 400 corridor, and close proximity to Central Perimeter and much of North Fulton’s major office communities.

› Within 15 miles to over 55 million SF of high demand Class A office space, containing over 750,000 jobs, as well as an abundance of north Atlanta’s premier retail and entertainment options

ECONOMIC1. Cisco Systems

2. Fiserv, Inc.

3. Primerica Financial Services

4. Nextel South Corp

5. Atlanta Campus Studio Development

6. US Mail – North Metro Division

7. AGCO Corporation

8. ADP Inc.

9. AT&T - Corporate

10. McKesson Provider Technologies

11. Hewlett-Packard

12. State Farm Operations Center

13. LexisNexis

14. Technology Park

EDUCATION

1. Gwinnett Technical College

2. Georgia Perimeter College

3. Georgia Gwinnett College

MEDICAL

1. Gwinnett Medical Center

2. Emory Johns Creek

3. Gwinnett Medical Duluth

4. North Fulton Hospital

ENTERTAINMENT

1. Gwinnett Civic Center

2. Sugarloaf Mills

3. Gwinnett Braves

4. Mall of Georgia

5. Perimeter Mall

6. North Point Mall

7. Gwinnett Place Mall

8. Verizon Wireless Amphitheater

9. AvalonDowntown Duluth

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IDEAL CONNECTIVITY PROVIDES IMMEDIATE ACCESS TO MASSIVE NORTH ATLANTA EMPLOYMENT CENTERSAnchored along I-85 and minutes from the Property, lie the major office markets of Johns Creek, Alpharetta, and Perime-ter Center. These markets provide over 400,000 jobs within 10 miles of the Property. The Property provides convenient access to these and all of North Fulton’s boom-ing technology, telecommunications, and healthcare office centers. This collection of Fortune 500, 1000, and other high profile companies highlight the strong economic presence in these submarkets.

TECHNOLOGY PARK ATLANTA3.8M SF

10,000 JOBS

WINDWARD/DEERFIELD1.5M SF OFFICE

GOLDMAN SACHS, AIG, EQUIFAX, IBM

PERIMETER CENTER29M SF OFFICE123,000 JOBS

NINE FORTUNE 1000 HQS

JOHNS CREEK TECHNOLOGY PARK5M SF OFFICE15,000 JOBS

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NORTH ATLANTA ENCOMPASSES STRONG MEDICAL AND FORTUNE 500 BASENorth Atlanta’s Gwinnett County encompass-es a dynamic healthcare corridor and em-ployment base featuring multiple Fortune 500 headquarters, including AGCO Corp. and As-bury Automotive.

Major employers include:

AGCO – A Fortune 500 American agricultur-al equipment manufacturer based in Duluth, employs over 17,000 people and operates in more than 140 countries worldwide.

Gwinnett Medical Center, Duluth – A not-for-profit healthcare facility constructed in 2006. The center consists of an 81-bed hos-pital, as well as GMC’s Glancy Campus, a 30-bed facility.

Emory Johns Creek Hospital – Emory Johns Creek Hospital is a 110-bed hospital featuring some of the most advanced medical technol-ogies available, consistently recognized na-tionally as a leading Center of Excellence.

GWINNETT MEDICAL CENTER - DULUTH

AGCO HEADQUARTERS

FORTUNE 500 WITHIN 5 MILES

MAJOR TECHNOLOGY HQs

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DULUTH’S CORE OFFERS OUTSTANDING SCHOOLSSchool-aged children at The Village will at-tend some of the most prestigious schools in the state. Duluth High, one of the Top-35 high schools in Georgia was named a School of Excellence for making the greatest continu-ous gains in student achievement for the past several years.

Coleman Middle School, a new STEAM-certi-fied public school, is scheduled to open in Fall 2016 across the street from The Village. The school will be the district’s “signature STEAM school,” encouraging focus on science, tech-nology, engineering, fine arts, and math.

DULUTH HIGH SCHOOL

STATE-RANKED DULUTH HIGH

SCHOOLNEW STEAM MIDDLE SCHOOL – opening Fall 2016

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NAME OWNER DETAILS

1 North Point Mall (1993) General Growth Properties 1.37M SF of Retail, 180+ Stores and Services

2 Avalon (2014) North American Properties 500k SF of Retail, 140+ Stores and Services

3 The Forum (2002) Thomas Enterprises 580k SF of Retail, 50+ Stores and Services

4 Mall of Georgia (1999) Simon Property Group 1.786M SF of Retail, 225 Stores

5 Gwinnett Place Mall (1984) Moonbeam Capital 1.3M SF of Retail, Redevelopment Plan Set for 2017

6 Sugarloaf Mills (2001) Simon Property Group 1.2M SF of Retail, 200 Stores

CLOSE PROXIMITY TO HIGH-QUALITY RETAIL AND ENTERTAINMENT OPTIONSDriven by the area’s population growth, high end retail has continued to proliferate the region, with new developments consistently being added to the already impressive inventory of some of the largest malls in the southeast. The new Avalon development, The Forum, and Mall of Georgia all boast over one million square feet of diverse retail.

THE AVALON

THE FORUM

MALL OF GEORGIA

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LIFESTYLE ACTIVITIES AT THE VILLAGE’S FRONT DOORFrom Coolray Field to the Gwinnett Per-forming Arts Center, the area’s prolific population growth has spurred a wave of cultural development just minutes from The Village’s front door. Throughout North Atlanta, residents have the opportunity to indulge in a plethora of different activi-ties such as festivals and concerts at the Gwinnett Arena, relaxing at Lake Lanier or the Chattahoochee River, and expe-riencing the luxury of Chateau Elan, St. Ives Country Club, and The Atlanta Ath-letic Club.

BRAVES COOLRAY FIELD

GWINNETT PERFORMING ARTS CENTER

GWINNETT ARENA

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ATLANTA ATHLETIC CLUB

CHATTAHOOCHEE RIVER

LAKE LANIER

CHATEAU ELAN

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ATLANTA’S NORTHERN CREST IS A REGIONAL LEADER IN POPULATION GROWTH AND AVERAGE HOUSEHOLD INCOME, WITH THE FOLLOWING FORECAST FROM 2015 TO 2020:

- 22+% projected rent growth

- 95+% average occupancy

- Only 5% inventory growth, below Metro Atlanta and National average

(Source: REIS)

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