Wednesday, March 23, 2016
Look for New Retail Center for Toco Hills
Crim & Associates plans to build a new 11,000 square foot retail center on LaVista Road at Toco Hill. The property, located in an outparcel of the existing Kroger, is just under 1.4 acres and is zoned C-1 (Local Commercial District.)
A sign was erected recently announcing a new retail center. Leasing is being handled by Crim & Associates, a Sandy Springs-based commercial real estate firm. I previously linked to a listing by LaVista Associates, Inc., but it would appear Crim has now taken the lead.
I contacted Crim's Steven St. Paul, the leasing agent for the property, who indicated that they have received significant interest in the new center but that they have no leases signed. St. Paul indicated that the center is likely not to be completed for another year. I also inquired how many spaces the center would have, to which St. Paul responded that the number of spaces would be determined by the types and sizes of users that commit to the center.
Jerry Hendrix of Toco Properties, owner of the Kroger portion of the center, indicated that there will be no curb cuts permitted between the new center and the Kroger portion. This access restriction was reportedly among the issues that hindered development from taking place on the parcel previously.
Photo credit: google maps