North American Properties (NAP) has retained CBRE to lease 750,000 square feet of “high-tech” office space at Revel, a forthcoming $900 million entertainment-focused mixed-use destination anchored by Infinite Energy Center in Gwinnett County.
Revel will introduce the first opportunity in the Sugarloaf submarket to lease office space within an activated experiential mixed-use community, according to a press release late-Monday.
In addition to the Class A office space, the 118-acre mixed-use community will feature 400,000 square feet of street-level retail, restaurant and entertainment uses including a bowling alley, 25,000-square-foot food hall, 55,000-square-foot movie theatre, a 20,000-square-foot grocery market and a 35,000-square-foot fitness center.
Plans also call for 840 multi-family homes, 50 single family homes, a 300-room 4-star hotel, and a “public realm” that hosts over 1,000 events for the community each year.
NAP recently filed plans with the state to have the project reviewed as a development of regional impact.
“Modern office tenants want an authentic, walkable community experience that excites their employees to be at the office every day,” Heather Lamb, first vice president at CBRE, said in the release.
“There is pent-up demand for office space with access to urban amenities in suburban markets. Since the announcement of Revel, we are seeing strong interest from cutting-edge companies looking for workspace in an experiential mixed-use environment to recruit and retain the best talent available.”
Revel’s office space will be equipped with Gigabit connectivity and smart technology required by high-tech users today.
“Revel will not only transform the experience for 1.2 million event goers at Infinite Energy Center, it will also create an entirely new destination for Gwinnett’s residents, office workers and visitors to commune,” Mark Toro, the managing partner of NAP, said in the release.
“Great food, great entertainment and resort-inspired hospitality are the cornerstones for the Revel experience. Just like Alpharetta has Avalon and Midtown has Colony Square, we look forward to delivering a project that will become the heartbeat of Gwinnett.”
NAP is developing Revel in addition to Edge and the “re-imagination” of Colony Square. The developer is more popularly known for the “turnaround” of Atlantic Station and the ground-up Avalon development in Alpharetta.