TDC to Break Ground on Second Phase of Medley in Johns Creek, Georgia

Why It Matters

The project expands high‑density, mixed‑use housing in a fast‑growing Atlanta suburb, boosting local employment and tax revenue while setting a benchmark for suburban lifestyle centers.

Key Takeaways

• Encore adds 408 apartments and 20,000 sq ft retail space
• Leases cover 78% of retail and 82% of office inventory
• Medley will host 200 public events annually in its plaza
• $90 million loan underscores strong investor confidence in suburban mixed‑use
• Phase 1 opens Oct 29, 2026; hotel follows in 2028

Pulse Analysis

Toro Development Co.’s Medley project illustrates the accelerating shift toward suburban mixed‑use hubs that combine residential, retail, office, and hospitality functions in a single footprint. By leveraging a $90 million construction loan, TDC is positioning Johns Creek to capture demand from millennials and empty‑nesters seeking walkable amenities without the congestion of downtown Atlanta. The Encore phase, with its 408 new apartments and 20,000 sq ft of ground‑floor retail, pushes the total unit count to 881, creating a sizable tenant base that can sustain a vibrant retail ecosystem.

Leasing momentum is evident: 37 retailers have signed, filling nearly four‑fifths of the retail and office space. Anchors such as Warby Parker, Trader Joe’s, and Shake Shack bring national brand pull, while boutique concepts like The Nest Café and Hollow Oak add local flavor. This blend is expected to generate hundreds of jobs, increase sales tax collections, and attract ancillary services, reinforcing Johns Creek’s emergence as a regional lifestyle destination. The public plaza, designed for up to 200 events per year, will further cement the area’s role as a community gathering point.

Looking ahead, Medley’s phased rollout—Phase 1 opening in October 2026, Encore in 2027, and the boutique hotel in 2028—provides a steady pipeline of construction activity and economic stimulus. The project’s scale and financing signal confidence among lenders and investors in the suburban market’s resilience, especially as remote‑work trends sustain demand for high‑quality, amenity‑rich housing outside city cores. Competitors will likely monitor Medley’s performance as a template for future mixed‑use developments across the Southeast.