A rendering of the north view of Medley, a 42-acre mixed-use development, from McGinnis Ferry Road.
A rendering of the north view of Medley, a 42-acre mixed-use development, from McGinnis Ferry Road.
JOHNS CREEK, Ga. — Toro Development Company, the real estate firm led by Avalon developer Mark Toro, announced Nov. 6 it has secured financing for the anticipated mixed-use project Medley in Johns Creek.
Groundbreaking for the $560 million, 42-acre development is slated for December, with an anticipated opening in late 2026. Medley will be integral to the city’s 192-acre Town Center, which will weave together housing, restaurants, retail and offices through new public pathways and parks.
The deal includes an equity investment from Ascentris, a Denver-based real estate private equity firm, and a $158 million construction loan from Banco Inbursa, out of Mexico City, for the first phase.
Located at McGinnis Ferry Road and Johns Creek Parkway, Medley will encompass 150,000 square feet of retail, restaurant and entertainment space, a 175-room boutique hotel, 110,000 square feet of lifestyle office, 750 multifamily residences, 133 townhomes and an activated 25,000-square-foot plaza.
The company purchased the suburban office park for $44 million in March 2024 and has since razed a 350,000-square-foot office building to prepare the site for construction. Toro Development will renovate and incorporate the other existing office building into the master plan to create a workplace.
Announced retailers for Medley include Ford Fry’s Little Rey, CRÚ Food & Wine Bar, Fadó Irish Pub, Summit Coffee, Lily Sushi Bar, Knuckies Hoagies, Cookie Fix, Sugarcoat Beauty, BODY20, AYA Medical Spa, 26 Thai Kitchen and Bar, Five Daughters Bakery, Drybar Shops, Minnie Olivia, Burdlife, Amorino, Pause Studio, Fogón and Lions and Clean Your Dirty Face.
To learn more about the project, visit medleyjohnscreek.com.
— Amber Perry
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