Sembler and Berkley break ground on North Macon Plaza
A new shopping center is set to open next fall in Macon, Ga.
The Sembler Company and Berkley Development have broken ground on North Macon Plaza, 166,465-sq.-ft. shopping center with a tenant lineup that includes Marshall’s/Homegoods, Michaels, Beall’s Outlet, Old Navy, Five Below, Famous Footwear, and Lifeway Christian.
North Macon Plaza will be located in a growing northeastern sub-market of Macon-Bibb County, adjacent to Bass Pro Shops and the Shoppes at River Crossing, a 750,000-sq.-ft. lifestyle center.
“The demographics, regional location and proximity to the residential growth make this development highly desirable,” said Michael Cohn, founder of Berkley Development.
Cohn added that there is an opportunity for a Phase II of the plaza that could accommodate up to 50,000 sq. ft. as the growth of new companies in the area could help create market opportunities.
“North Macon Plaza meets all of our investment criteria -- great market, well located, long-term appreciation potential and most importantly a great joint venture partner,” said Sembler CEO Ron Wheeler.
The North Macon Plaza property was purchased from Fickling and Company.
The Sembler Company and Berkley Development have broken ground on North Macon Plaza, 166,465-sq.-ft. shopping center with a tenant lineup that includes Marshall’s/Homegoods, Michaels, Beall’s Outlet, Old Navy, Five Below, Famous Footwear, and Lifeway Christian.
North Macon Plaza will be located in a growing northeastern sub-market of Macon-Bibb County, adjacent to Bass Pro Shops and the Shoppes at River Crossing, a 750,000-sq.-ft. lifestyle center.
“The demographics, regional location and proximity to the residential growth make this development highly desirable,” said Michael Cohn, founder of Berkley Development.
Cohn added that there is an opportunity for a Phase II of the plaza that could accommodate up to 50,000 sq. ft. as the growth of new companies in the area could help create market opportunities.
“North Macon Plaza meets all of our investment criteria -- great market, well located, long-term appreciation potential and most importantly a great joint venture partner,” said Sembler CEO Ron Wheeler.
The North Macon Plaza property was purchased from Fickling and Company.