ATLANTA—As the dust settles on the $12 million redevelopment of Sandy Plains Village, a prime power center in the affluent Atlanta suburb of Roswell, GA, new tenants are coming online. Walmart Neighborhood Market and Movie Tavern are among them.

Sandy Plains Village sits in trade area population of 340,000 with an average household income of $105,000. The redevelopment improved the leased rate from 20% to 90%, dramatically enhanced the credit quality of cash flow and merchandise offering, and will generate strong momentum for the continued lease-up of remaining available space.

"The redevelopment of Sandy Plains Village exemplifies the strategic growth levers available in our portfolio as a result of our operating platform and tenant relationships," says Paul Freddo, senior executive vice president of leasing and development for DDR. "We are pleased to expand our relationship with market-share-winning retailers while enhancing the value of our assets and generating attractive returns for our shareholders."