KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile

KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile

  • March 2018 •
  • 8 pages •
  • Report ID: 4917629
Synopsis
"KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "KDC/State Farm – Park Center Mixed-Use Development – Georgia - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
State Farm Insurance (State Farm) and KDC Real Estate Development (KDC) joint venture is undertaking the construction of a mixed-use complex in Georgia, the US.

The project involves the construction of three 21,22 and 18-story towers with 204,386m2 office space, 9,290m2 of retail facilities on 6.8ha of land. A pedestrian bridge will also be built over Perimeter Center Parkway that will connect Phase I, Phase II and Dunwoody MARTA station.

The first tower includes the construction of a 13-story, 55927m2 office tower on a seven-story parking deck with ground floor retail space on 1.6ha of land, and the installation of elevators, safety and security systems.

The second tower includes the construction of 22-story 62245m2 , 175-room hotel, office space, and retail space.

The third tower includes the construction of 18-story 40877m2 office space, retail space, shops, food courts, and entertainment facilities.

Cooper Carry & Associates has been appointed as architect, Troutman Sanders LLP as legal advisor and Cushman & Wakefield as lead consultant.

Holder Construction Co. has been appointed as construction contractor for the first tower.

State Farm filed plans to rezone the remaining 5.2ha of land.

On May 19, 2014, construction works on the first tower commenced.

In September 2016, construction works on the first tower was completed.

Construction activities on second phase are underway with completion scheduled by 2020.

Scope
The project involves the construction of a mixed-use complex with 204,386m2 office space on 6.8ha of land at Hammond Drive and Perimeter Center Parkway near the Dunwoody MARTA station in Dunwoody, Georgia, the US.

The US$635 million project includes the following:
1. Construction of a 13-story, 55927m2 office tower on a seven-story parking deck on 1.6ha of land
2. Construction of 22-story 62245m2 , 175-room hotel
3. Construction of 18-story 40877m2 offie space
4. Construction of a 9,290m2 retail facility
5. Construction of restaurants
6. Construction of entertainment facilities
7. Construction of a parking facility
8. Installation of elevators
9. Installation of safety and security systems

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=UnitedStates Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000