Belmont mixed-use development to add second phase of retail and single family housing

ATLANTA (October 16, 2017) – Halpern Enterprises is excited to announce the forthcoming second phase of its Belmont mixed-use development. Phase II will feature the addition of 59 new single-family homes and new retail and restaurant space.

The new retail space will expand under The Shops at Belmont brand, adding 12,000 SF to the existing 27,000 SF of establishments like Creatwood Tavern and Allure Nails & Spa.
David Weekley Homes will develop the detached single-family townhouses on the northwest corner of Atlanta Road and Belmont Boulevard. The builder is responsible for the Village at Belmont single-family homes currently under construction at Belmont.

In addition to The Shops at Belmont, the new additions will join the Belmont Physicians Center, a 30,000 SF medical office building anchored by Emory Healthcare opening in October; luxury apartment homes 400 Belmont; Smyrna Elementary School; and Village of Belmont, townhomes also developed by David Weekley Homes.

The new shops are in the pre-leasing phase and will open in Spring 2018. Belmont Phase II is looking for an eclectic mix of regional and local retailers and service brands to complement its tenant mix. For leasing information, contact John Brozovic at 770-508-3314 and jbrozovic@halpernent.com or Benjamin Halpern at 770-508-3325 and bhalpern@halpernent.com.

Media

Architect’s rendering of Phase II elevations | Download 

 

 

 

Media Inquiries
Kendall Ridley
770-508-3312 (O)
kridley@halpernent.com

About Halpern Enterprises

Headquartered in northeast Atlanta, Halpern Enterprises owns 40 retail properties located in Alabama, Georgia, Florida, North Carolina, South Carolina and Tennessee. With leasing, management and maintenance staff assigned to each shopping center, Halpern’s tenants receive personal attention and high value for their rental dollar. Halpern is continually growing its portfolio, both through acquisitions and new development, and all Halpern properties are well located in high-traffic areas convenient to major residential developments. More information is available at www.halpernent.com.

Major redevelopment project brings Ross, Bealls, and PetSmart to Heritage Walk shopping center

ATLANTA (July 5, 2017) – At a time when many retailers are scaling back their number of stores or have ceased operating altogether, others are expanding to meet the needs of today’s shoppers. Ross, PetSmart, and Bealls are prime examples of retailers thriving in today’s challenging retail market.

Halpern Enterprises is excited to announce the opening of 3 new co-anchors at its Heritage Walk shopping center in Milledgeville, Ga.: Ross, PetSmart, and Bealls will occupy 56,250 SF of space vacated by Kmart.

Architect's rendering of the Ross, PetSmart, and Bealls storefronts at Heritage Walk after redevelopment

Under redevelopment: Architect’s rendering of the Ross, PetSmart, and Bealls storefronts at Heritage Walk

When Kmart closed its location at Heritage Walk in June 2016, the Heritage Walk shopping center was faced with a huge dilemma. Who would join Hobby Lobby in co-anchoring the vast space now left empty?

Halpern’s Regional Leasing Directors John Brozovic and Benjamin Halpern sprang into action. Brozovic and Halpern decided that multiple users for such a large space would best suit the market and current retail trends. “We called dozens of national retailers and department stores,” said Brozovic. “After receiving several letters of intent, we decided this mix of community-friendly retailers would ensure the long-term success of the center.”

While Ross and Bealls flourish as low-price leaders that provide quality merchandise, PetSmart thrives because of Americans’ longstanding desire to pamper their pets. According to the Washington Post, PetSmart “built an empire on the country’s pet-food sales, which have nearly doubled since 2000, to $22 billion” in 2014 (“PetSmart’s goldmine: Americans are spending more than ever on fancy dog food,” Dec. 15, 2014). Americans spent a record-breaking $10 billion on premium-brand dog food in that year alone.

Construction site showing Ross, Bealls, and PetSmart

Construction is underway: The new PetSmart, Bealls, and Ross stores under construction at Heritage Walk

The co-tenancy is a feat in redeveloping existing space. “By being creative and flexible, we were able to meet the needs of these retailers by sub-dividing the space,” according to Halpern. “We expect PetSmart and Bealls to open this fall, followed by Ross opening in the spring.”

The final result will be the complete revitalization of the shopping center with four co-anchors – Hobby Lobby, Ross, PetSmart, and Bealls. The center’s prime location in the heart of Milledgeville’s retail corridor is just three miles from the award-winning central business district and boasts nearly 34,000 vehicles passing it daily.

Media:

Architect’s rendering of shops | Download

 

 

 

Media Inquiries:

Kendall Ridley
770-508-3312 (O)
kridley@halpernent.com

About Halpern Enterprises

Headquartered in northeast Atlanta, Halpern Enterprises owns 40 retail properties located in Georgia, South Carolina and Tennessee. With leasing, management and maintenance staff assigned to each shopping center, Halpern’s tenants receive personal attention and high value for their rental dollar. Halpern is continually growing its portfolio, both through acquisitions and new development, and all Halpern properties are well located in high-traffic areas convenient to major residential developments. More information is available at www.halpernent.com.