Progress associated with a confluence of major corporate relocations, expansions and proposed development projects in the Central Perimeter market continues unabated in the first quarter of 2016. Coupled with the Georgia 400/I-285 interchange overhaul, which is scheduled for completion in 2019, the arc of commercial real estate activity spanning between Sandy Springs over to Dunwoody and on to Brookhaven is already significantly transforming the area with additional projects, some more likely to come out of the ground than others, in various stages of development.

One of the largest projects in the area is State Farm’s Park Center development, which sits on approximately 17 acres at Hammond Drive and Perimeter Center Parkway. The 21-floor centerpiece tower of the mixed-use project is scheduled for “topping out” in the second quarter and may be ready for occupancy by the end of this year. The completed development potentially will include up to 2 million square feet of office space and 100,000 square feet of retail, restaurant, and entertainment space.

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