The City of Snellville, along with co-developers CASTO and MidCity, is pleased to announce that the City Market Construction and Leasing agreement between the City and Mid Cast Snellville has been approved by City Council. The Grove's $85 million first phase is still scheduled to commence construction in 2020 and begin to deliver in 2022.
"The continued progress is exciting to see," said Kirk Demetrops, President and Founder of MidCity Real Estate Partners. "Every advancement being made brings us closer to breaking ground and being able to provide visible progress of this highly-anticipated development."
The approval of the agreement for the City Market is an important development, as the city will utilize Mid Cast's expertise in construction and leasing for the anticipated mixed-use building. Additionally, the city also approved $366,603 to Winter Construction for completing the pre-cast concrete engineering by Metromont Precast Building Solutions for the city's new parking deck.
"With the approval of this Market construction and leasing agreement, we now have every piece of The Grove at Towne Center under design and moving toward construction," said Snellville Mayor Barbara Bender. "We are glad to partner with Mid Cast on this key piece of the entire enterprise and, together, we believe we will create a unique and sophisticated dining/entertainment venue, which will attract customers from all over our region.
The Grove at Towne Center will be a large scale, mixed-use town center property, comprising 18 acres between Oak Road, Wisteria Drive, North Road, and Clower Street, in downtown Snellville. The Grove at Towne Center's first phase will include over 50,000 square feet of retail, restaurant, office, and entertainment space, and approximately 250 multi-family luxury apartments. In addition, the new Elizabeth Williams Library will be constructed and include a 2nd-floor business development/accelerator space.
For more information and updates on the Grove at Towne Center project visit www.snellville.org/the-towne-center-snellville