Apartments, Shops in Riverwood 200, No Trader Joe’s
The Cumberland mixed use development should be completed by the third quarter of 2013.
The mixed use Riverwood 200 development at the corner of Cumberland Boulevard and Cobb Parkway will have apartments, a coffee shop, a bank and eventually office space, but no Trader Joe’s.
A rumor was circulating throughout Smyrna-Vinings that the development would include a Trader Joe’s. But a media representative from Seven Oaks Company said that’s just not the case.
“I don’t think we’re getting a Trader Joe’s because the footprint is a little too big,” said McKittrick Simmons.
Trader Joe’s stores are generally on the smaller side, fewer than 15,000 square feet according to a Bloomberg Businessweek report. A coffee shop, restaurants and a bank are in the works, but because none have officially signed yet Simmons couldn’t reveal the names.
“We’re talking to some national retailers—coffee shops and restaurants you’d recognize,” he said.
Riverwood 200 is a partnership between Seven Oaks and Walton Communities. The development will feature a five-story apartment complex with 30,000 feet of retail space in an adjacent building.
The one to three-bedroom apartments will feature luxury amenities like crown molding and kitchen islands. The complex will also feature a pool and rooftop deck with view of Atlanta and Buckhead.
Simmons said that there are plans to construct an office building on a neighboring site in the future. The residential and retail components of the development are scheduled for completion in the third quarter of 2013.