Working Paper #737
Power Center Meets Lifestyle Center
Brett K. Bannor
The Edgewood Retail District in Atlanta, Georgia, is a mixed use urban development that includes retail, commercial, and residential space. Developed in 2005, Edgewood combines aspects of both a power center and a lifestyle center. In spite of the shaky economy, Edgewood has been a strikingly success. Occupancy stands at over 99 percent, and several of the chain retail stores exceed any other units in Georgia in volume of sales. When the project was announced there was significant local opposition, but through a series of community meetings and negotiations between the developer and the neighbors, tension was minimized.