windward park - kdc...rise; rents dip development reaches peak in response to supply begins to...
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WINDWARD PARKALPHARETTA, GEORGIA• A Worthington Hyde Mixed-Use Development• Two Class A 10 Story Office Sites Available• ±250,000 SF Each with Structured Parking
WWW.WINDWARD-PARK.COM
WINDWARD PARK
Two ±250,000 SF build-to-suit opportunities in the partially complete Worthington Hyde Partners mixed-use development in the North Fulton market. Uses include:
• 186 Townhomes by Lennar • 31,400 SF Retail Village by Park Day• 249 room full service Hilton Hotel with 6,500 SF of Meeting
Space by Chartwell • 500,000 SF Class A Office by KDC• 24 Live/Work Townhomes• 200 Unit Condo Building
Located at the Southeast corner of Windward Parkway and GA 400 in the prestigious North Fulton submarket, Windward is the gateway to the city of Alpharetta.
With proposed residential, retail, hotel and dining on site as well as the accessibility to affluent residential neighborhoods of Roswell, East Cobb, Sandy Springs and Dunwoody, Windward Park is quickly becoming a 24/7 live-work-play environment.
ALPHARETTA PROMOTIONAL VIDEO
THE OPPORTUNITY
• Fully Entitled and Pad Ready• GA-400 Exposure / Signage• Contiguous to MARTA’s Windward Park and Ride• Immediate Highway Access
400
WINDWARD PARK
WINDWARD PARK
WINDWARDPARK
400
400
Windward Pkwy
NorthPoint Pkwy
Old Milto
n Pkw
y
Webb Bridge Road
ALPHARETTA HIGH SCHOOL
McGinnis Ferry Road
McFarland Pkwy
BUILDING B SITE +/- 4.12 ACRES
400
Windward Parkway
North P
oint P
arkway
Dryden Road
WINDWARDPARK
BUILDING A SITE+/- 3.49 ACRES
ALPHARETTAHIGHSCHOOL
BIG CREEKGREENWAY
AMENITIES WITHINFIVE MILES
AvalonTop GolfNorth Point MallBig Creek Greenway
WINDWARD CROSSING
RETAIL CENTER
Wild�our CafeClean Eatz CafeSanjha RestaurantKnuckle FitnessBlack Walnut CafeLittle Tokyo Sushi
NO
RTH
POIN
T PA
RKW
AY
DRY
DEN R
OAD
MO
RRIS ROAD
M
ORR
IS R
OAD
WINDWARD PARKWAY
400
EDIS
ON
DRI
VE
WES
TSID
E PA
RKW
AY
TRADEWINDS PKWY.
MORRIS ROAD
WEBB BRIDGE ROAD
DEERF
IELD
PAR
KWAY
WINDWARDPARK
SITE
SITE
AREA AMENITIES
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19
2021
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2426
27
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31
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AvalonVinny’s on WindwardCabernet Steak HouseCracker BarrelMellow MushroomMoe’s Southwest GrillRising Roll CafeZaxby’s
SpringHill SuitesCourtyard AtlantaDoubleTree by HiltonResidence InnHyatt PlaceAtlanta MariottHilton Garden Inn
Metropolitan Club Event Facility
Lifetime Fitness
RETAIL/DINING
HOTELS
OTHER
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PhilipsCitrixInforRyderLexis NexisGEE-TradeMcKessonADPAT&TSpherionUPSHPFiservVerizon
LOCATION OF CHOICE FOR
FORTUNE 500 COMPANIES
ALPHARETTAHIGHSCHOOL
BIG CREEKGREENWAY
AMENITIES WITHINFIVE MILES
AvalonTop GolfNorth Point MallBig Creek Greenway
WINDWARD CROSSING
RETAIL CENTER
Wild�our CafeClean Eatz CafeSanjha RestaurantKnuckle FitnessBlack Walnut CafeLittle Tokyo Sushi
NO
RTH
POIN
T PA
RKW
AY
DRY
DEN R
OAD
MO
RRIS ROAD
M
ORR
IS R
OAD
WINDWARD PARKWAY
400
EDIS
ON
DRI
VE
WES
TSID
E PA
RKW
AY
TRADEWINDS PKWY.
MORRIS ROAD
WEBB BRIDGE ROAD
DEERF
IELD
PAR
KWAY
WINDWARDPARK
SITE
SITE
AREA AMENITIES
18
19
2021
22
23
2426
27
28
29
30
31
1
1
2
3
4
5
6
7
8
9
10
11
12
13
9
10
11
12
13
14
15
1415
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AvalonVinny’s on WindwardCabernet Steak HouseCracker BarrelMellow MushroomMoe’s Southwest GrillRising Roll CafeZaxby’s
SpringHill SuitesCourtyard AtlantaDoubleTree by HiltonResidence InnHyatt PlaceAtlanta MariottHilton Garden Inn
Metropolitan Club Event Facility
Lifetime Fitness
RETAIL/DINING
HOTELS
OTHER
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
PhilipsCitrixInforRyderLexis NexisGEE-TradeMcKessonADPAT&TSpherionUPSHPFiservVerizon
LOCATION OF CHOICE FOR
FORTUNE 500 COMPANIES
8
WINDWARD PARK
NORTH FULTON AREA OVERVIEW
u Metro Atlanta’s high net worth suburban enclave, with Atlanta’s highest
household incomes
u Home to three Fortune 500 headquarters as well as major regional
operations for 16 other Fortune 500 firms
u Diverse mix of industries, including payment processing, healthcare, finance,
and telecommunications
u The recently completed Avalon mixed-use development has brought urban,
retail, residential and office space to this area, with strong leasing driving
interest in further development. Traditional spec office building and a hotel
and conference center are planned for Phase II
u Forbes named Alpharetta the “Most Wired City” in the US, with over 30 data
centers providing fiber infrastructure for the East Coast
NORTH FULTON
SLOWD
OW
N
REC
OVERY
TROUGH
DECLI
NE
PEAK
EXPA
NSI
ON
Demand strengthens; development
begins
Demand slows
Vacancy stabilizes; rents begin to rise
Vacancy begins to rise; rents dip
Development reaches peak in response to strong demand
Supply begins to outpace demand
WHY NOW• Metro Atlanta’s high net worth suburban enclave, with Atlanta’s highest household incomes.• Home to several Fortune 500 headquarters, First Data, Intercontinental Exchange, UPS, and Veritiv as well as major
regional operations for 16 other Fortune 500 firms.• Diverse mix of industries, including payment processing, healthcare, finance, and telecommunications.• The recently completed Avalon mixed-use development has brought urban, retail, residential and office space to this area,
with strong leasing driving interest in further development in the market.• Forbes named Alpharetta the “Most Wired City” in the US, with over 30 data centers providing fiber infrastructure for the
East Coast.
THE COMMUNITY
149K2017 HOUSEHOLDS
$93,249MEDIAN HOUSEHOLD INCOME
38.2MEDIAN AGE
Georgia Power Community and Economic Development - Your Partner in Business © Georgia Power, December 2017
FORTUNE 500 COMPANIES
Sources: ESRI, 2017 (Demographics); EMSI, 2017.Q1 (Jobs); C2ER, 2017.Q2 (COLI); Moody’s Economy, 2017 (2015 Data) (CODBI); FORTUNE, 2017; Metro Atlanta Chamber, 01.2016-11.2017 (Recent Locations & Job Activity).*Figures are for the 29-County Metro Atlanta Region.Note: North Fulton includes Alpharetta, Johns Creek, Milton, Mountain Park, Roswell and Sandy Springs.
97.8COST OF LIVING*
U.S. = 100
94COST OF DOING BUSINESS*
U.S. = 100
2016 & 2017 LOCATION ANNOUNCEMENTS25
EDU
CATI
ON
AL
ATTA
INM
ENT
1.36%ANNUAL GROWTH RATE
384K2017 POPULATION
NEW JOBS CREATED3K+
IT & HEALTHCARE JOBS
4Ranking Company Revenue
Millions
46 UPS $60,906242 First Data $11,584331 Veritiv $8,327437 Intercontinental
Exchange (ICE)$5,958
Visit www.GNFCC.com or call 770.993.8806 to learn more about the unique opportunities that North Fulton can offer you and your business.
383,751
410,476
370,000
380,000
390,000
400,000
410,000
420,000
2017 Population 2022 Population
95.4%
63.0%
23.9%
0%
20%
40%
60%
80%
100%
High School Graduate+ Bachelor's Degree+ Graduate Degree
113,748
95,513
0 30,000 60,000 90,000 120,000
Health Care Jobs
IT Jobs
8
WINDWARD PARK
NORTH FULTON AREA OVERVIEW
u Metro Atlanta’s high net worth suburban enclave, with Atlanta’s highest
household incomes
u Home to three Fortune 500 headquarters as well as major regional
operations for 16 other Fortune 500 firms
u Diverse mix of industries, including payment processing, healthcare, finance,
and telecommunications
u The recently completed Avalon mixed-use development has brought urban,
retail, residential and office space to this area, with strong leasing driving
interest in further development. Traditional spec office building and a hotel
and conference center are planned for Phase II
u Forbes named Alpharetta the “Most Wired City” in the US, with over 30 data
centers providing fiber infrastructure for the East Coast
NORTH FULTON
SLOWD
OW
N
REC
OVERY
TROUGH
DECLI
NE
PEAK
EXPA
NSI
ON
Demand strengthens; development
begins
Demand slows
Vacancy stabilizes; rents begin to rise
Vacancy begins to rise; rents dip
Development reaches peak in response to strong demand
Supply begins to outpace demand
WHY NOW
MO
RRIS
RO
AD
WIN
DWARD
PARKWAY
GA 400
DRYDEN ROAD
DRYD
EN RO
AD
FUTURE PARKING DECK
TOWNHOMES
NATURE PRESERVE
FUTURE OFFICE
FUTURE HOTEL
MARTA PARK N RIDE
FUTURE OFFICE
PARK
LIVE/WORK TOWNHOMES
LIVE/WORK TOWNHOMES
FUTURE CONDOS
RETAIL/RESTAURANT
NORTHPOINT PARKWAY
NORTHPOINT PARKWAY
WINDWARD PARK - SITEPLAN
WINDWARD PARK - FUTURE HILTON HOTEL
KDC is a leading national real estate development and investment company focused on office build-to-suit facilities for companies looking to attract and retain top talent around the country.
Transwestern is a privately held real estate firm specializing in agency leasing, management, tenant advisory, capital markets, research, and sustainability services for investors, owners, and occupiers of all commercial property types. Transwestern assists clients in 37 countries as part of a strategic alliance with BNP Paribas Real Estate.
Atlanta based Worthington Hyde Partners (WHP) was formed in 2006 as the successor to Schaedle Worthington Hyde Properties, commonly known as SWH Properties founded in 1991. Since its inception, WHP has been actively involved as a real estate developer, operator, and capital provider, often in venture with niche developers with local project insight and expertise, over a diverse portfolio of real estate investments, and in varying creative structures.
CONTACTAlex ChambersRegional Vice [email protected]
CONTACTTodd SyprettVice President [email protected]
WWW.WINDWARD-PARK.COM