Toro Development Company has acquired the site for Medley, an upcoming 43-acre mixed-use destination in Johns Creek. The project is on track to break ground later this year.
The destination is designed to be a “third place” for the community, referring to a place outside of home and work. Medley is set to include 200,000 square feet of retail, restaurant and entertainment space; 900 luxury residences, featuring a mix of townhomes and apartments; 110,000 square feet of lifestyle office space; and a central greenspace that will host events and gatherings.
Located at the intersection of Johns Creek Parkway and McGinnis Ferry Road, the site currently has a four-story office building, the gravesite of a second office building, and parking. Demolition of one of the office buildings was completed last fall, according to a news release. The team will incorporate the other existing building into the master plan.
“This acquisition signals our confidence in both the project and the market, as it paves the way for vertical construction later this year,” Mark Toro, principal and chief vision officer of TDC, said in the announcement. “Medley represents the radical reimagining of a dying suburban office park into a dense, walkable mixed-use community. We have been hard at work curating an extraordinary retail, dining and entertainment experience for Medley, and we look forward to announcing a wave of new tenants soon.”
TDC has already announced the following retail tenants for Medley: Ford Fry’s Little Rey, CRÚ Food & Wine Bar, Fadó Irish Pub, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20 and AYA Medical Spa.
In addition to Toro, TDC is run by John Kelley, Richard Munger, Vicky Boyce and Carla Cox. While working together at North American Properties Atlanta, the team led the ground-up development of Avalon, the redevelopment of Colony Square and the turnaround of Atlantic Station.
