Kaufman Capital Partners and Atlantic Residential this week released the latest renderings (shown below) for its $65,000,000 Lumen Doraville development after breaking ground last week. The project is the redevelopment of two-thirds of a 130,000-square-foot retail center — The Village at Tilly Mill Crossing (formerly known as Friday’s Plaza) — which was situated on approximately 14 acres. The development plan bifurcates the existing shopping center and will leave approximately 35,000 square feet of retail on five acres. The new development includes two buildings containing 320 apartments as well as approximately 3,500 square feet of ground-floor commercial space.
Representatives from the City of Doraville, the Doraville Downtown Development Authority, Atlantic Residential, Truist Bank and Kaufman Capital Partners were on site for a groundbreaking and demolition ceremony. Following remarks from City and project officials, attendees watched as a Komatsu excavator demolished part of the Village at Tilly Mill Crossing shopping center. “Dignitaries excitedly participated in the event that will bring new life to the decades-old center,” a spokesperson in an email Friday told What Now Atlanta. Demolition continued throughout last week with construction on the project beginning soon and expected completion by 2023.
“Three years ago, we had the vision to transform this underutilized property into a modern development that truly serves the needs of Doraville residents while acting as a catalyst for growth in the corridor,” Garry Sobel, senior vice president of Kaufman Capital Partners, said in a prepared statement. “This collaborative effort would not have come to life without the support of the City of Doraville, its Mayor, Planning Commission, City Council, and the Doraville Downtown Development Authority.”
Kaufman Capital Partners purchased the property in 2016. For the past few years, Kaufman Capital Partners and Atlantic Residential worked collectively to bring the Lumen Doraville project to life. The Kaufman/Atlantic joint venture closed on the deal to purchase the property on November 23, 2020.
