Initial Thoughts on Riverwalk Village
The big news this week in Roswell is the $500 million mixed-use project called Riverwalk Village that is being proposed for the southeast quadrant of the Holcomb Bridge/GA400 interchange (paywall link). Dunwoody based Duke Land Group announced on Tuesday that they will be seeking rezoning to allow for a massive development that could rival Avalon in size. The AJC broke the story in Wednesday's paper with some details but little in the way of imagery.
I've been able to find one rendering but have not been able to come up with a site plan yet (stay tuned).
Here are the high level details from the AJC article with my thoughts.
- 1,556 residences, including active adult housing, single-family attached housing and multifamily units that could be apartments or condos. - This is about half of what the Roswell East (aka Charlie Brown) project had proposed. I see this level of density being a major problem for the vocal NIMBYs on the east side of town.
- Nearly a half-million square feet of space for restaurants and retailers, including a grocery store. - This is a LOT of space. I'm not sure what to think yet but it wil
- 1.7 million square feet of office space spread across several mid-rise buildings. That amount of office space is slightly more than the total floor space of Bank of America Plaza in Atlanta. - Again, this is a LOT of space but the 400 corridor is booming and I'm not doubting this can and would be filled.
- A hotel with 200 rooms. - Yes PLEASE. We need another hotel to compete with the Doubletree. I would like to see one closer to the historic district though.
- A Swift School campus, a private institution for children with language difficulties. - This is a nice addition and will be a good fit.
- About 43 percent of the property would be preserved as green space with passive and active recreation amenities, such as walking trails that would connect to nearby neighborhoods and the Chattahoochee River. - I don't see that there would be any way to avoid this given the proximity to the river. It will be a great addition.
- An existing apartment community known as Marquis Trace would be demolished. - Great news. That think is a big POS and significantly underutilizes the land.
I think it's ambitious but doable given that this is one of the most valuable pieces of real estate in North Fulton. I'm unsure of the developer's background but I'm optimistic. My biggest concern is the vocal NIMBY force that will organize to once again defeat a project in that area.
So, that's the summary. As this progresses, it will be one of the biggest stories in Roswell. I'm looking forward to seeing how the project progresses and wish the developers luck in implementing what I hope will be a great addition to the city of Roswell.
Reader Comments (12)
http://globenewswire.com/news-release/2014/11/06/680717/10106839/en/Plans-Unveiled-for-an-Ecologically-Driven-Mixed-Use-Development-in-Roswell.html
@ Randy & Kevin - I feel you guys! Having to drive to Alpharetta every day makes me feel like Roswell is missing the boat in a huge way. Keep hope alive :)
@ TD & Jennifer - I'm just going to stay positive. There will be a lot of negativity but I think this project will get off the ground.
@ Greg - They are going to have to make some changes to the interchange. The early off ramp from 400N will help a bit but that won't be enough. I'm going to be posting my thoughts on transportation this week.