Plans for Six-Story, 125,000 SF Office Building Underway
FCP℠ and Greenstone Properties announce a joint venture for the development of Kimball Place at Parkway 400, a Class-A, six-story, office building comprised of approximately 125,000 square feet located in Alpharetta, GA. Construction will commence in February 2020, with delivery planned for the 2nd quarter of 2021.
“FCP and Greenstone Properties were drawn to this high-profile site for numerous reasons, including walkability to Avalon, the new Courtyard Marriott and EVEN hotels adjacent to the site, Starbucks and Firebirds Restaurant next door, to name a few,” said Chris Scott, Partner with Greenstone Properties. “Additionally, the close proximity to the Alpharetta City Center and ease of access to GA-400 will allow forward-thinking companies to recruit and retain the best and the brightest talent in the city.”
Kimball Place features a spacious people-centric lobby environment utilizing innovative seating configurations and options to inspire creativity and collaboration. The workspace is technology-enabled with state-of-the art features that lower operating costs while optimizing individual comfort. An outdoor lounge complete with a fire pit is part of a distinctive and unique outdoor amenity package. Tenants will enjoy direct walkability to the new Alpha Loop multi-use trail system, a transformative project connecting people to activity centers, parks and jobs as well as to Avalon, an 86-acre oasis of retail, conference, entertainment and shopping areas. The project architect is Wakefield Beasley/Nelson, and the general contractor is Brasfield & Gorrie.
About FCP
FCP℠ is a privately held real estate investment company that has invested in or financed more than $6 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com.
About Greenstone Properties
Greenstone Properties (www.getgreenstone.com) is a privately owned, real estate firm based in Atlanta, Georgia. Greenstone Properties principals have developed/acquired more than 50 office projects totaling over 18 million square feet. In every case, Greenstone principals are personally engaged in the design, financing, leasing, management and development of each investment. For more information, please contact Chris Scott at Greenstone Properties 678-589-7606 or cscott@getgreenstone.com.
