OVINGTON, GA – (March 4, 2021) – Joint venture partners The Sembler Company and Berkley Development announce the acquisition of approximately 12 acres of land at the intersection of Alcovy Road and Town Center Boulevard in Covington Town Center, a 160-acre master-planned community, just off I-20 and Alcovy Road in the City of Covington, Newton County, Georgia. Construction on the retail portion of the new mixed-use development is projected to begin by the summer of 2021.
The retail plaza’s first phase will be anchored by a 48,387 SF Publix Supermarket, the grocer’s second location in the Covington market. An additional 14,400 SF of small shop space will offer a complementary mix of services, restaurants, and retail designed to meet the needs of the City of Covington and Newton County’s growing residential and employee population. Sembler-Berkley is in the planning stage for the next phase of the shopping center that will add up to an additional 100,000 SF. Development within Covington Town Center will include retail, office, residential, and hotel uses.
“The objective for our 160-acre mixed use project is to identify the “best in class” of each use type, whether it is hospitality, residential, office, restaurant, or retail,” said Harry Kitchen of The Foxfield Company, the project’s Master Developer. “I certainly think the Sembler-Berkley Team and Publix fit that description and will bring the highest quality grocer-anchored center to the project.”
“Covington Town Center will bring a first-class shopping experience to a mixed-used project in an area showing promising growth,” said Berkley Development President, Mike Cohn. “We’re excited to work with The Sembler Company in bringing a Publix-anchored retail center to this project, which we believe will quickly become a staple shopping destination.”
The Sembler company holds a 40+ year relationship with Publix supermarkets, having developed over 60 Publix-anchored shopping centers throughout the southeastern United States.
“We believe Covington Town Center will be a premier retail destination that will provide modern convenience for the surrounding community,” said Sembler Senior Vice President, Josh Beyer.
Fast-casual restaurants, discount retailers, beauty services, and health services are some of the uses targeted for the inline retail spaces, which start at 1,200 SF. For leasing information contact Kathryn Wyant at (727) 344-8191 or firstname.lastname@example.org.
About Covington Georgia
Covington is the county seat of Newton County, Georgia, located in the north central part of the state. Jobs in Newton County grew by over 20,000 over the previous five years, with job growth projected to surpass 17,000 in the next five years. Newton County grew by roughly 40,000 residents over the previous five years, and expects to see similar growth over the next five years. Major employers have increased employment by over 50% in the last four years alone.
For over 55 years, The Sembler Company has developed, managed, redeveloped, leased, and acquired retail centers throughout the southeastern United States and Puerto Rico. With over 350 completed projects covering 29 million SF of development and 10 million SF of leased and managed centers, Sembler’s team of commercial real estate experts has built an undeniable track record of success and expertise. Headquartered in St. Petersburg, FL with satellite offices in Atlanta, GA and Puerto Rico, The Sembler Company has been invariably committed to creating value for their stakeholders. For more information, please visit www.sembler.com.
Berkley Development is a privately held retail investment firm based in Atlanta GA whose principal has a 30+ year track record specializing in traditional open air retail projects. For more information, please visit www.berkleydevelopment.us