Retailers join 'Shop Local' program
City spotlighted for use of ARPA funds
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North American Properties purchased the Forum shopping center in March. |
New Forum Owners consider property revamp
The new owners of The Forum are planning a revamp to breathe new life into the 22-year-old center, which is located at 5155 Peachtree Parkway. The Forum is an upscale, outdoor mall on Peachtree Parkway, across from the city's Town Center. North American Properties and Nuveen Real Estate purchased the Forum shopping Center in March for $12.6 million. READ MORE
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From the Mayor's Desk . . . |
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Investments generate activity
It In recent years, we have made some changes to the local landscape. In places such as Technology Park and the Town Center, we’ve activated spaces, better enabling people to connect around music, culture and exercise. As we continue to invest in city infrastructure, we are seeing a strong interest in retail and office property in the city.
Holder Properties, a residential real estate development and investment company, recently purchased two class “A” office buildings on Davinci Court. The director of leasing, Billy Cooke, said, “You can literally walk outside of our door, get on the new walking trail, get to the Forum or get to the new retail across the street.” The city is currently expanding its multi-use trail at the Town Center. READ MORE
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Atlanta Micro acquired by Mercury Systems, hiring
Atlanta Micro, of Peachtree Corners, was acquired by Mercury Systems in late 2021. The company is now looking for electrical engineers, according to company officials.
Atlanta Micro, a leading designer and manufacturer of high-performance RF modules and components, including advanced monolithic microwave integrated circuits which are critical for high-speed data acquisition applications including electronic warfare, radar and weapons. Mercury Systems is a leader in trusted, secure mission-critical technologies for aerospace and defense. The company is looking for RF test technicians and circuit design engineers.
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City success, strategies featured
City Manager Brian Johnson was just featured in Business View Magazine. The article discussed the city's continuous economic development and innovation, including the history of Technology Park.
There is also an in-depth look at the services and key initiatives that are driving the overall success of the City, the continued growth and economic impact on the community, and the importance of the working with strategic partners and suppliers.
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How is the ARPA money being used? |
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In March 2021, Congress approved the American Rescue Plan Act, delivering $1.4 billion in direct pandemic relief to Georgia’s cities through ARPA’s State and Local Fiscal Relief Fund (SLFRF).
To mark ARPA's one-year anniversary, the Georgia Municipal Association surveyed Georgia cities to learn how investments in SLFRF are bringing much-needed relief to families, businesses, and communities statewide.
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Retailers join 'shop local' Choose PTC campaign
The City of Peachtree Corners has launched the Choose PTC 'Shop Local' App. The app allows people who shop at a local store to earn and redeem PTC Points, with each point valued at $1.
Participating shops will be reimbursed by the city. Local retailers are signing up now to participate in the program.
The City will be hosting a launch event on Monday, May 2nd from 11 a.m. to 1 p.m. at the Town Center located at 5200 Town Center Blvd in Peachtree Corners. During this launch event, those who sign up for the app onsite using a special code only available during the event will receive a bonus of 10 PTC points worth $10 in credit.
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Masterack moves to Technology Park
Masterack has moved into a space at 350 Technology Parkway. The company is currently hiring design engineers. Masterack is a pioneer at designing and manufacturing high-quality commercial work vehicle solutions. Proudly manufactured and installed in the United States, Masterack’s highly skilled craftsmen create an effective mobile workplace for tradespeople and technicians in any industry.
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New Businesses opening doors in Peachtree Corners
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Review the many new occupational tax certificates processed by City Hall. See READ MORE most recent new businesses and license.
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CEO to share lessons learned
Come and hear from Chicken Salad Chick President and CEO, Scott Deviney at the Southwest Gwinnett Chamber's First Friday Breakfast on Friday, May 6, from 7:30 a.m. to 9 a.m. at 107 Technology Parkway. You'll learn about the growth and success the company has experienced while remaining true to its purpose. Mr. Deviney will share some of the lessons he's learned through the journey as well as a bit about franchising as one route to the American dream. READ MORE
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Speaker series
celebrating the 10-year anniversary of the city
Join the PCBA Thursday, April 28, from 5:30 p.m. to 7:30 p.m. at the Atlanta Marriott Peachtree Corners, where there will be a panel discussion with some of Peachtree Corners' most influential business and community leaders. The discussion will bring together inspiring leaders to share their experiences.
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PTC Business Briefs
- Blaze Capital is preparing to renovate the extended stay hotel at 450 Technology Parkway. The rooms will be converted into apartments.
- Crawford & Company recently reported a fourth quarter profit of $1.7 million. The Peachtree Corners-based company posted revenue of $303 million in the period. Its adjusted revenue was $292.9 million, which topped forecasts.
- SugarOak Realty is pleased to announce the sale of Spalding Exchange Office Park at 3937 Holcomb Bridge Road in Peachtree Corners. The property is 89 percent leased. The buyer was HG Spalding LLC.
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Drone company joins innovation center |
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Skymul is taking construction to new heights at Curiosity Lab’s Innovation Center. The young company, headed by CEO Eohan George, just absorbed half of the design lab to further develop its SkyTy drone solution, which aims to tie reinforcing bar (rebar) at construction sites almost two and half times faster, 32% cheaper, and with 84% less labor than manual rebar tying. READ MORE
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