Market Research Logo

KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile

KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile

Synopsis

"KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

State Farm Insurance (State Farm) and KDC Real Estate Development (KDC) joint venture is undertaking the construction of a mixed-use complex in Georgia, the US.

The project involves the construction of three 20-story towers with 204,386m2 office space, 9,290m2 of retail facilities on 6.8ha of land.

The first tower includes the construction of a 13-story, 54,348m2 office tower on a seven-story parking deck with ground floor retail space on 1.6ha of land, and the installation of elevators, safety and security systems.

The second tower includes the construction of a 175-room hotel, office space, and retail space.

The third tower includes the construction of office space, retail space, shops, food courts, and entertainment facilities.

Cooper Carry & Associates has been appointed as the architect, Troutman Sanders LLP has been appointed as the legal advisor and Cushman & Wakefield as the lead consultant.

Holder Construction Co. has been appointed as the construction contractor for the first tower.

State Farm filed plans to rezone the remaining 5.2ha of land.

On May 19, 2014, construction works on the first tower commenced.

In September 2016, construction works on the first tower completed.

Demolition works on the project site for the remaining two towers is scheduled to commence in the fourth quarter of 2017 and construction works on the two towers are scheduled to be completed in 2021 and 2022 respectively.

Planning activities are underway.

Scope

The project involves the construction of a mixed-use complex with 204,386m2 office space on 6.8ha of land at Hammond Drive and Perimeter Center Parkway near the Dunwoody MARTA station in Dunwoody, Georgia, the US.

The US$635 million project includes the following:

1. Construction of a 13-story, 54,348m2 office tower on a seven-story parking deck on 1.6ha of land

2. Construction of a 9,290m2 retail facility

3. Construction of a 175-room hotel

4. Construction of restaurants

5. Construction of entertainment facilities

6. Construction of a parking facility

7. Installation of elevators

8. Installation of safety and security systems

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report