Fayette Promenade lines up first tenants

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Fayette Promenade lines up first tenants

News
Share this Post

Kinko's

and Simmons Bettersleep are the first two tenants

lined up for the Fayette Promenade retail

development, which should be open early next

year.

three-acre portion of the 30 acres owned by

Fayette Promenade LLC has been approved by the

Fayetteville Planning and Zoning Commission for

development of about 31,000 square feet of retail

space, with construction likely to begin by

mid-September, according to project manager

Monica Lozoff.

Fayette

Promenade is not the same company that developed

the Uptown Square shopping center next door,

which includes Barnes & Noble as well as

Linens & Things. Lozoff said there has been

some confusion about that, with some city

officials displeased over how the Linens &

Things development turned out.

The

only area where those two parties are connected

is the agreement to develop the loop road that

runs in front of the site and will eventually

become a public road, Lozoff said. Since the

current development only has right-in/right-out

access from Ga. Highway 85, the road was built to

allow traffic back onto the highway in the

opposite direction by way of the traffic light

next to Office Depot.

The

initial three-acre tract that has already been

approved will not contain anything as large as

Barnes & Noble or Linens & Things, Lozoff

said, but larger tenants on future portions of

the overall site are possible, depending upon the

market and interest from prospective tenants.

Most of the 30 acres goes back away from Hwy. 85

in a "long rectangle," as Lozoff put

it.

There

is no need for the company to appear before the

city again concerning the initial portion of the

development. "Once the Planning Commission

approved site plans and elevations, we were good

to go," Lozoff said. "I think the

city's been really good about working with

us."

Plans

for the next phase could begin at any time, even

before the first portion is completed, depending

upon tenant interest, she added.

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