Avalon, a $600 million, 87-acre, mixed-use project to be developed in Alpharetta, Ga., by North American Properties, passed its last regulatory hurdle Monday night when the Alpharetta City Council approved the development.
The first phase will break ground in the fourth quarter of this year, Mark Toro, managing partner of North American Properties, told Commercial Property Executive, and the project is scheduled to open in October 2013.