Its nostalgia factor will be parlayed by Chamblee-based Trinity Development Group into an upscale destination drawing “Buckhead and Brookhaven” shoppers.
“For us, [our vision] is to bring it back to the grand shopping center it used to be,” Managing Partner David Henzlik said to about 50 attendees at the Chamblee Business Association meeting Thursday at city hall. He and associate Brittany Mixon displayed a site plan of the 18-acre parcel the company bought in May 2012 for about $4 million.
“Vince [Riggio, founding partner] and I bought this with another partner. We have our own equity in this,” Henzlik said. “It’s our money, our passion and our belief in what this center can be.”
Henzlik estimated another $3 million will be spent on landscaping, a new façade, a culinary center, a pocket park and other amenities suggested at community meetings.
“We got wonderful input,” he said. “We actually learned a ton.”
The developers are also courting a mix of national names and mom-and-pops to replace some of the current tenants and to fill vacancies in the center’s 167,000-square-feet.
“The local tenants are a big part of what we believe in to make the center successful. That’s the way it was back in the old days,” Henzlik said.
The next step is city council approval, but he said there is more tweaking to do before they can submit the site plan formally.
“We’re eager to get started. We’d love to say we’ll get started in the summer. I don’t know if that’s June or September,” Henzlik said.
Mayor Eric Clarkson, a member of the association, gave an update on city council actions.
Chamblee 101 will begin April 24 and continue for six Wednesday sessions, he said.
“It’s a phenomenal program. It takes you behind the scenes,” Clarkson said. “I probably need to go back through it because things change and the folks who come out of it probably know more about how the city operates than anyone else.”
The council also approved Kia and Audi car dealerships on Peachtree Boulevard and appointed its first Downtown Development Authority.
“Pillars of the business association are serving,” Clarkson said.
“All sorts of pressure will be on your shoulders. We expect huge things.”