Fuqua Development has quickly made a name for itself in the Southeast with a number of mixed-use projects that are springing up in infill neighborhoods around Atlanta, South Carolina, Alabama and Florida. However, what is putting the company on the map nationally was the recent selection of the firm to develop the retail component of the new stadium for the Atlanta Braves, and the retail for the accompanying mixed-use development, which will span several hundred thousand square feet. The Atlanta Braves announced last year that they would move to a new stadium in Cobb County, Georgia, in 2017. The stadium would be surrounded by several million square feet of accompanying office, hotel, multifamily, restaurant, entertainment and retail space, closer to what the team considers its core fan base. Shopping Center Business recently spoke with Jeff Fuqua, President of Fuqua Development, at his office in Atlanta to discuss the company's new projects and find out more about the Braves development.
A nearly 14-acre swath of land west of Atlantic Station has remained vacant for the better part of the last decade. But what was once set to become a multi-modal transit hub could now be turned into a mixed-use development by an all-too-familiar face: Jeff Fuqua.
The vacant site located down the street from Atlanta Waterworks at the southeast corner of 17th Street and Northside Drive had once been eyed as a possible transit-oriented development that would include new Amtrak and Greyhound stations. Local real-estate developer Carter led the talks with Houston-based real-estate company Lionstone and the State Road and Tollway Authority, which each owned roughly half of the total land.
But the property went back on the market after Carter's talks broke down. SRTA Director of Marketing and Communications Malika Reed Wilkins tells CL the authority has received numerous inquiries for the site over the years.
Sources indicate that one of Atlanta's most prolific and controversial developers will lay claim to a prominent piece of Midtown's western fringes, next door to Atlantic Station and IKEA.
Jeff Fuqua (sound the Darth Vader music!) plans to build high-density residences, standalone houses and commercial spaces at the corner of 17th Street and Northside Drive. A few years ago, Amtrak flirted with building a new station on the vacant 12.5-acre site, and ever since, it's been one of the most sizable pieces left for development between Midtown and Howell Mill Road. The property sits at the western entrance to Atlantic Station and should allow for superb skyline views.
Several new grocery stores are in the works for intown Atlanta.
Kroger, Fresh Market, Sprouts and Earth Fare all are planning new locations inside the Perimeter.
The latest proposal comes from Atlanta-based Fuqua Development LLC, which wants to bring a new 82,000-square-foot location of Kroger to a site across from Lindbergh City Center.
Fuqua is also working on an agreement with The Kroger Co. (NYSE: KR) to anchor a Grant Park project on Glenwood Avenue.
The Fresh Market will open its new store on Riverside Avenue on Sept. 24, the company announced Tuesday. The gourmet grocery will anchor and be the first business to open in the new Brooklyn Station on Riverside.
The shopping center has seven confirmed tenants: Fresh Market, Burger Fi, Burrito Gallery, Corner Bakery Cafe, Zoes Kitchen, Lucy's Gift Boutique and Hair Cuttery. It also has eight more spaces where no tenants have been announced.
The 24,800-square-foot store will be the third Fresh Market in Jacksonville, the fourth in Northeast Florida and the 39th in Florida. The chain was founded in 1982 in North Carolina and now has more than 150 stores in 26 states.
The Kroger Co. wants to develop an 82,000-square-foot store across from Lindbergh City Center and the adjacent MARTA station, as the nation's largest grocery operator looks to put more stores inside the city.
The proposal comes as Kroger also considers a new store in Grant Park.
On both projects, Kroger (NYSE: KR) is working with developer Jeff Fuqua, of Atlanta-based Fuqua Development.
Kroger is rolling out larger store concepts nationally, typically at least 100,000 square feet, as it tries to offer a broader array of inventory to reach a larger cross-section of consumers.
Atlanta developer Jeff Fuqua is once again trying his hand at developing a Buckhead retail site nearly two years after the Atlanta City Council blocked his efforts to build a Walmart near the Lindbergh MARTA Station.
Fuqua's new mixed-use project - it's located east of Piedmont Road, north of Lindbergh Drive, and east of Morosgo Drive - would include an 82,000-square-foot Kroger Fresh Fare, 180 senior housing units, 137 detached single-family units, and a three-story parking deck. Land use and zoning changes would be required for the project to move forward.
Earlier this week, Fuqua Development asked Neighborhood Planning Unit-B to defer a vote on whether the land use should be changed for the mixed-use project. We're told that some residents have concerns because the revised project still lacks density, continues to have a big-box component, and contains too much surface parking.
One local developer is hoping the second time is the charm.
Fuqua Development has proposed a 10-acre project near the Lindbergh MARTA station.
The plan includes an 80,000 square foot Kroger Fresh Fare.
"It's the only grocery store that we know of that's really on a MARTA line, I mean direct access to a MARTA line. There's some within 8 or 9 blocks around town but this is really the closest grocery store to a major MARTA line," says founder Jeff Fuqua.
The proposal also calls for 180 senior housing units and nearly 150 detached single family homes.
For well over a year, several communities in Southeast Atlanta waged a battle against a big-box development largely believed to be Walmart.
But the developer behind the project has news: Walmart is out, and Kroger is in.
Jeff Fuqua, of Fuqua Development, has long said a major retailer was critical to the project that he and partner Heather Correa are building on Glenwood Avenue near Grant Park.
"And from the start as well, there was a widespread, but incorrect public assumption that Walmart would definitely be the anchor for the project," he said in an email.
Fuqua confirmed that he was in talks with Walmart but says the company was also negotiating with other retailers.