Morgan Property Group, LLC is pleased to announce a new retail development in the Village of Clemmons, North Carolina. Peace Haven Village will be a 87,000 square foot shopping center at the southwest corner of Lewisville Clemmons Road & Peace Haven Road. Publix Super Markets will anchor the center and occupy approximately 49,000 square feet of space. The development will feature approximately 18,290 square feet of retail space, along with three out parcels. The new center will connect to Clemmons Village to the south and the Jerry Long Family YMCA to the west.
On January 11, 2016, MPG’s request for rezoning of the underlying land for the development, along with the site plan for Peace Haven Village, was unanimously approved by the Village Council. MPG worked for many months with both the Village staff and the neighboring home owners to produce a project that all parties could enthusiastically endorse.
“I want to thank the Village of Clemmons and most particularly its staff for their hard work and professionalism,” said Jeff Surrency, Executive Vice President of MPG. “When completed, their efforts along with the support and cooperation of the Jerry Long Family YMCA will result in a quality shopping and dining experience. We look forward to becoming a valued and contributing member of the community.”
As part of the development, a traffic signal will be installed at Village Club Lane and Peace Haven Road, and Jesse Lane will be extended to connect to Town Center Drive, allowing for easier accessibility by local residents and shoppers. Several areas have been set aside for outdoor seating and gathering space.
“This project is a truly great example of how collaboration and dialogue between interested parties can produce a special result,” said Trey Morgan, President of MPG.
“We are excited to see the end result, and look forward to watching our tenants succeed in Clemmons.”
Lewisville Clemmons Road Realty, LLC, an affiliate of MPG, will close on the property in June 2016. Construction on Publix and the inline retail space is expected to commence late Summer 2016, with anticipated opening in the Fall of 2017. For leasing information, please call Darrell Palasciano at The Shopping Center Group at 704-335-5455.
Publix Super Markets, Inc. (www.publix.com), founded in 1930 by George W. Jenkins, is a private corporation that is wholly owned by present and past employees. It is the largest employee-owned grocery chain in the United States. Publix is based in Lakeland, Florida with locations in Florida, Georgia, Alabama, South Carolina, Tennessee, and North Carolina. Publix is currently rated No. 1 in the Temkin Customer Experience Ratings (2015), ranked on Fortune magazine’s list of 100 Best Companies to Work For (2015) and was ranked No. 8 on Forbes’ 2014 list of America’s Largest Private Companies. The company’s retail sales in 2014 reached $30.6 billion.
For over thirty-eight years, Morgan Property Group has been in the commercial real estate development and brokerage business. MPG focuses on neighborhood shopping centers, multi-tenant buildings, and single-tenant projects anchored by a variety of national and regional retailers. The company and its affiliates are developing multiple retail, mixed use, and urgent care medical projects throughout the Mid-Atlantic and Southeast. To find out more, follow Morgan Property Group on Facebook and Twitter @MPG_Development or visit our website at www.morganpg.com.