North American Properties and Nuveen Real Estate held a groundbreaking ceremony to commemorate the launch of The Forum Peachtree Corners’ redevelopment. The two joint venture partners acquired the 21-year-old lifestyle center in March 2022, with plans to modernize and transform it into a true mixed-use destination.
The project will include construction of a 125-key boutique hotel, 381 multifamily units, new experiential retail and dining offerings, structured parking and an expanded public realm. NAP will also incorporate resort level services such as concierge and valet to enhance the overall guest experience. Work on pressure washing, street sweeping , increasing security coverage along with rebranding has already begun for this value add project which is set to be completed in phases beginning with retail focused upgrades .
This post was originally published on Connect CRE