Volume 13 | April 2021
Inside: Rescue Funding on Tap
New Businesses Call PTC Home
Telaid investing in Peachtree Corners

Telaid Industries is moving into a 78,000-square foot building at 2925 Courtyards Drive in the Northwoods center in Peachtree Corners. The technology company had been operating out of a building in Norcross. Telaid purchased the building in Peachtree Corners for $6.3 million and is spending about $700,000 in renovation.
Currently located in six states, Telaid offers purpose-built solutions and support for mobility, telephony, networks, traffic, security and other areas. For more information about the company, CLICK HERE
Mixed-Use project slated for Technology Park
Alliance Realty Partners is planning to build a mixed-use project in Technology Park that fronts Peachtree Parkway, just north of Engineering Drive.

The project will include 295 multi-family apartments and 26 single-family townhomes. An existing office building will remain, but several old office condo buildings will be demolished to make room for workforce housing. READ MORE
5720 Peachtree Parkway, where a new mixed-use project is slated to be constructed.
From the Mayor's Desk . . .

City in line for positive retail growth and activity

Over the last year we have all seen how retail has been directly impacted by COVID-19. The pandemic acted as a closure catalyst for those retail and restaurant brands already struggling and put others at risk that run on thin margins. With that said, it is not all doom and gloom.
Peachtree Corners is fortunate to have two lifestyle centers in The Forum and Town Center along with other power centers anchored by Publix, Target, ALDI, and LA Fitness among others. READ MORE

American Rescue Funds coming to small businesses
The American Rescue Plan Act (ARPA) is providing additional relief for the nation’s small businesses and hard-hit industries. Applications for funding are currently being accepted by the Small Business Administration (SBA). Shuttered venues, like movie theaters, as well as restaurants, may be eligible for grants through the SBA. There is also another round of Paycheck Protection Program (PPP) funding and Economic Injury Disaster Loans (EIDL).

In a separate measure, ARPA funds are expected to trickle down through the state of Georgia to local municipalities around July 1. The monies will be disseminated in two allocations, with the second coming 12 months after the first. Peachtree Corners is planning to offer another small business assistance grant program. Specific details are currently being finalized.

For more information about the American Rescue Plan Act of 2021,
Renovation for Amazon logistics center underway

Blackcreek Group is investing more than $8.7 million to outfit office and warehouse space at 4925 Avalon Ridge Parkway to make it ready for Amazon.

The building was previously occupied by Mizuno, which has moved to 3155 Northwoods Parkway in Peachtree Corners.
New Businesses opening doors in Peachtree Corners
business open sign
Review the many new occupational tax certificates processed by City Hall. See the most recent new businesses and license renewals. READ MORE
Building Bridges...Connecting Businesses and Communities
Chick-fil-A Director to speak
Join the Southwest Gwinnett Chamber of Commerce on Friday, May 7, at 7:30 a.m. for the First Friday Breakfast at Atlanta Tech Park, 107 Technology Parkway, Peachtree Corners.

Guest speaker, Rodney Bullard, executive director, Chick-fil-A Foundation, will speak about fostering youth and furthering education.
Join PCBA Business After-Hours event
Join the PCBA Thursday, April 22, from 5:30 – 7 p.m. at 147 Technology Parkway as City Manager Brian Johnson provides updates on the Curiosity Lab and the next generation in intelligent mobility and Smart City technology. Enjoy food and drinks from Ten Bistro. There will be time for networking and a tour.  
PTC Business Briefs

  • Associated Credit Union is renovating space at 6251 Crooked Creek Road, investing close to $100,000.
  • Norsan Restaurants is investing a $1 million into H&W Steakhouse at 5242 Peachtree Parkway. The culinary team will be led by executive chef Charles Schwab, who previously worked with Buckhead Diner and Grace 1720, among others. Black Walnut Cafe occupied the space until late 2019 when the company pulled out of Georgia. Norsan's other brands include Frankie's Steakhouse, Pampas Steakhouse, Luciano's Ristorante, Frontera Mex-Mex Grill and others.
  • Peach Paws veterinary vaccine clinic is renovating space at 5075 Peachtree Parkway.

New technologies boosting economy
"Activity Begets Activity"
Recently profiled in Georgia Cities magazine, the Curiosity Lab at Peachtree Corners serves all levels of companies, from start-ups to Fortune 100.