Atlanta Economic Development Funds Help EDENS Break Ground on Moores Mill Project

Mayor Kasim Reed, accompanied by Dr. Eloisa Klementich, president and CEO of Invest Atlanta, helped project developer EDENS break ground on the Moores Mill Shopping Center project.

Moores Mill shopping center in Atlanta

Moores Mill shopping center in Atlanta (rendering – edens.com)

Supported by Atlanta economic development funding for a road extension leading to the new shopping center, EDENS is making a $95 million investment.

The 70,000 square foot center located on Moores Mill Road at Marietta Boulevard includes a 45,600-square-foot Publix grocery store and 9,000 square feet of retail space in its initial phase. It is projected to create up to 200 construction-related jobs and as many as 300 permanent jobs.

EDENS develops, owns and operates similar community shopping centers in primary markets across the U.S. The company, which has built an institutional-quality portfolio of more than 120 retail centers, has its regional headquarters in Atlanta, in addition to other regional headquarters in Boston; Washington, DC; Miami; Houston; and Columbia, SC.

Mayor Reed said in a statement that “Through the City’s collaboration with EDENS, Invest Atlanta and the U.S. Congress, we are able to move forward on this important project, which will bring $95 million in investment to this corridor now, and additional investment for decades to come.”

The Invest Atlanta Board has previously approved the use of $500,000 through the Perry Bolton TAD to complete a part of the Moores Mill Road extension project, up to the proposed new Moores Mill shopping center. The Perry-Bolton/Northwest Atlanta Tax Allocation District was established in 2002 to support the redevelopment of over 500 acres of underdeveloped real estate in northwest Atlanta.

Jodie McLean, CEO of EDENS, said in the release that “This project took a lot of collaboration and dedication. EDENS is grateful to everyone who helped get us to this day, Mayor Reed, Councilmember Moore, our partners and most especially this community.”

The Moores Mill Road extension is also a federally-funded project, and additional city funding will now be required to complete it. The City of Atlanta says it will now work in partnership with EDENS to complete the Moores Mill Road extension and alleviate traffic issues at the intersection of Moores Mill and Bolton roads.

Dr. Eloisa Klementich, CEcD, President and CEO of Invest Atlanta, said in a statement that Invest Atlanta is dedicated to supporting catalytic projects that stimulate vibrant and viable communities, and added that the Moores Mill project is a great example of such an investment. “This project supports not only a sustainable community but also promotes economic growth, improves residential – retail options and provides for new employment opportunities,” said Dr. Klementich.

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