Simon, the Indianapolis-based retail real estate company that owns Buckhead’s Lenox Square and Phipps Plaza malls, announced Thursday it will add luxury residences and premier shopping through a new development at Phipps. The residential project, to be named Domain at Phipps Plaza, will be developed with Dallas, Texas-based Columbus Realty Partners Ltd.
Domain will consist of 319 mid-rise, urban-style luxury residences with a variety of floor plans, from studios to two-bedroom apartments. It will also offer residents exclusive amenities including a yoga court, outdoor pool, health club with fitness on demand, dog park with dog wash stations and rooftop terrace with a resident lounge. In addition, the property will provide a controlled-access parking garage.
Construction is expected to begin in September with occupancy anticipated in fall 2015. JHP Architecture/Urban Design of Dallas, Texas, will serve as the architect for the project. The firm specializes in high-density residential developments and mixed-use districts.
“Domain at Phipps Plaza will provide unsurpassed access to our upscale shopping, entertainment and dining options,” said Dewayne Herbert, Phipps’ mall manager. “The addition of these high-quality residences at Phipps Plaza expands our ability to deliver a lifestyle embellished with luxury and quality, and creates an exciting new place for Atlantans to call home.”
Said Robert Shaw, Columbus’ principal partner, “We are thrilled with the opportunity to contribute a unique, luxury residential experience to one of the most renowned shopping destinations in the Southeast. With such a central location in the heart of Buckhead at Phipps Plaza, plus targeted amenities and upscale features, we are confident this project offers residents the perfect blend of luxury and convenience.”
Other mall enhancements are already under way at Phipps Plaza and were announced in April. Scheduled to be complete before the holiday season, an extensive interior makeover will provide a fresh new look and feel and meet changing customer needs.
Plans include upgraded energy-efficient LED lighting, new interior colors with warm wood accents and updated railings, comfortable lounging areas with Wi-Fi connectivity and device chargers, upgraded restrooms and the installation of a hotel-like concierge customer service center. Major improvements to parking include new lighting, flooring and automatic doors to welcome customers.
When emailed Friday morning with questions on how much the project will cost and if it has received or applied for development bonds from Fulton County or the city of Atlanta, Carly Dennis of Brave Public Relations, working on behalf of Simon, said she would need more time to have the developer answer them.
Information: www.phippsplaza.com or www.simon.com