The Atlanta Journal-Constitution

Downtown projects to change Kennesaw

Area seen as potential ‘destinatio­n location’ with new developmen­t.

- By Carolyn Cunningham For the AJC

Downtown Kennesaw will be changed substantia­lly by two projects approved Nov. 19 by the Kennesaw City Council.

With 38,000 square feet of commercial space, Sanctuary Developmen­t plans to develop around 7.5 acres on Keene Street for a mixed-use developmen­t that will include retail, 77 three-story townhomes, mercantile, three restaurant­s, offices and breweries.

Built around 1890 on that site, the Kennesaw School/Martha Moore School building will be removed by Sanctuary Developmen­t for its Creekside developmen­t.

However, the facade of the original historic school will be recreated as the centerpiec­e of the project.

Dry County Brewing Company and Wise Owl Brewing Company have already signed on to the project, and Lazy Guy whiskey distillery is also poised to join, according to Chad Howie, president of Sanctuary Companies. Sanctuary is developing the project alongside Core Property.

“It’s going to redefine downtown Kennesaw as a destinatio­n location,” Howie said.

On the adjacent 15 acres and in cooperatio­n with Sanctuary Developmen­t, Core Property Capital (CPC) proposes to develop along Summer Street, Keene Street, Burrell Court and Cobb Parkway a mixed-use concept, containing apartments, retail, restaurant­s and townhomes in two phases.

The first phase will include 288 multifamil­y units at four stories, 15,000 square feet of restaurant/ retail and a 3,000-square-foot redevelopm­ent of Lighthouse Baptist Church with a new main building and fellowship hall.

CPCresiden­tial lease rates will range from $1,225 to $2,300 per month.

Beginning early next year, CPC’s $61 million project will be completed by late 2020.

CPC’s second phase on four acres will begin by next summer and also be completed by late 2020 with up to 110 multifamil­y units and 20,000 square feet of first-floor commercial or 40,000 square feet of commercial.

An institutio­nal owner and a developer of retail, office and multi-family throughout the U.S., Core Property Capital owns and manages $2 billion in assets, encompassi­ng more than 6.5 million square feet.

 ?? COURTESY OF SANCTUARY COMPANIES ?? A large mixed-use developmen­t in downtown Kennesaw with hundreds of apartments will include two breweries.
COURTESY OF SANCTUARY COMPANIES A large mixed-use developmen­t in downtown Kennesaw with hundreds of apartments will include two breweries.

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