January 24, 2019

ROSWELL DDA ANNOUNCES

DEVELOPER FOR SOUTHERN SKILLET SITE

S.J. COLLINS ENTERPRISES SELECTED TO REDEVELOP SITE
WITH MIXED-USE PLAN

The Roswell Downtown Development Authority has chosen commercial real estate development firm S.J. Collins Enterprises to redevelop the Southern Skillet site, which is located off Alpharetta Highway with access to Frazier Street.

The Roswell DDA expects to sign a purchase and sale agreement with S.J. Collins Enterprises at a price of $5 million. The closing date of this agreement is targeted for June 2019, and construction on the site will start by the end of 2019.

““I am very excited we have entered into a purchase and sale agreement with SJCollins. It will truly be a catalyst for redevelopment in this area. I look forward to seeing this project to fruition and making this area an even more vibrant gathering place for our residents and visitors.” — City of Roswell Mayor Lori Henry

Per S.J. Collins Enterprises’ proposal, which can be viewed on roswelldda.com, the site will be redeveloped for mixed-use, offering 70,740 total square feet for a boutique grocery store, restaurants, shops and offices. This retail section of the redevelopment will include 260 parking spaces. Included in its mixed-use design, the new development will also include housing: 128 apartment units and eight townhome units with 196 residential parking spaces. The townhomes are estimated to be priced in between $650,000 and $850,000, and the multifamily units are expected to lease at $2.05 per square foot.

In addition to the retail and residential areas, the redeveloped site will include 6,000–8,000 square feet of green spaces and gathering points. These designated green spaces, pocket parks and outdoor gathering points will contribute to the overall sense of community by providing a place for relaxation and interaction, according to S.J. Collins’ Enterprises’ proposal, based on success they’ve had creating energetic mixed use centers in other areas throughout Georgia and the southeastern United States. City of Roswell Mayor Lori Henry said “I am very excited we have entered into a purchase and sale agreement with SJ Collins. It will truly be a catalyst for redevelopment in this area. I look forward to seeing this project to fruition and making this area an even more vibrant gathering place for our residents and visitors.”

“Our team looks forward to the opportunity to bring a dynamic and diverse customer experience to this thriving and emerging location,” said Jeff Garrison, partner at S.J. Collins Enterprises. “As the retail environment evolves and shoppers look for more experienced based outings, mixed-use hubs like this one will draw consumers with its energy, easy accessibility and assorted retail and dining choices.”

Headquartered in Fairburn, Ga., S.J. Collins is a reputable developer that has worked on modern and highly functional developments both nationally and in Georgia, including Peachtree Station in Chamblee, North Decatur Square near Atlanta and Victory Station in Savannah. S.J. Collins Enterprises prides itself on its long-term relationships with high-growth retailers and its own standard of Class A developments that are designed to improve communities and assist businesses.

The Roswell DDA released a request for proposal Oct. 31, 2018, and S.J. Collins was one of six developers that submitted a proposal in response.

About S.J. Collins Enterprises

Founded in 2007, S.J. Collins Enterprises is a privately held, commercial real estate and retail development firm. The company has acquired and developed more than 60 retail, mixed-use, multifamily and office projects throughout the continental U.S. The company is headquartered in Fairburn, Ga. For more information, visit SJCollinsEnt.com.