What started as a conversation 5 years ago between two of Atlanta’s Members will become a $120 Million, 24 acre mixed-use development at the corner of Powers Ferry and Terrell Mill. Eden Rock Real Estate Partners’ Brandon Ashkouti updated the Atlanta Members on the “MarketPlace Terrell Mill” project that closed two weeks ago in a series of 23 closings. One of the primary parcels was Powers Ferry Business Park which was owned by Newburger Andes. According to Steve Farrar of Newburger, the asset sale was one of the largest in the company’s 43 year history. The new development will include a 95,000 square foot Kroger, 300 luxury apartments, a self-storage facility and 15,000 square feet of additional retail. Construction will get underway in February with the Kroger opening in late 2020.
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