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Avenue Peachtree Opening at 56% Occupancy

ATLANTA-The Gap, Banana Republic, Talbots, Bath & Body Works and Victoria's Secret are anchoring Cousins Properties' 167,000 shopping center in Peachtree City, GA, 30 miles south of Downtown Atlanta.

By Shelley M. Johnson | Updated on March 28, 2001

ATLANTA-Cousins Properties is opening the Avenue Peachtree in Peachtree City, GA tomorrow with over half of the 167,000 sf leased to national retailers. The locally based developer wouldn’t disclose to GlobeSt.com the size, length or value of the leases.

Cousins also wouldn’t disclose the construction cost of the venture. But industry estimators familiar with comparable projects tell GlobeSt.com the project is coming in at an estimated hard construction cost of $25 million or about $150 per sf.

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