ATLANTA — GEORGIA
Atlanta’s Luxury Gold Standard.Simon is nearing completion on a multimillion-dollar total transformation of Phipps Plaza creating the preeminent luxury destination of choice in Atlanta. This development has created an exceptional shopping experience that reflects the refined lifestyle of the surrounding area, attracting style-savvy shoppers who delight in discovering the unexpected.
In conjunction with a major Buckhead area redevelopment, the center has undergone a thorough and complete interior and exterior renovation to develop an exclusive and welcoming environment suited for the most desired luxury brands and the most discriminating guests.
A dynamic streetscape along Peachtree Road filled with custom luxury storefronts and a dramatic new center entrance with lush new landscaping is scheduled for completion in Fall 2016.
An extensive interior makeover provided a fresh new look and feel for the center. Expanded customer service amenities include soft seating and lounge areas with complimentary Wi-Fi connectivity and chargers along with a hotel-style concierge Guest Services center.
REALIZING THE VISION
NEW EXTERIOR FAÇADE
NEW CENTER COURT
Phipps Plaza defines luxury shopping in Atlanta. A fashion icon in its own right, the now three-level center is world famous for its superior collection of luxury brands.
A LEGACY OF LUXURY
Distinctive. Classic. Chic. Phipps Plaza features an impressive mix of international luxury brands:
— Versace – relocation and expansion into a new flagship destination opened April 2015
— Tiffany & Co. – the Southeast’s only flagship location has been recently remodeled and boasts over $25M in sales
— Jeffrey – celebrating 25 years at Phipps Plaza, this iconic Atlanta retailer averages over $14.5M in sales and has recently completed a renewal and cosmetic renovation
THE WORLD’S MOST PRESTIGIOUS BRANDS
NEW CENTER COURT
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A bustling Buckhead hot spot, Phipps Plaza offers an abundance of dining and entertainment options including Davio’s Northern Italian Steakhouse, and The Tavern with additional signature restaurants coming soon. In addition, the creation of the Phipps Plaza Complex featuring a state-of-the-art AC Hotels by Marriott opening mid-Summer 2016 and Domain at Phipps Plaza, the new luxury residential complex with 319 sophisticated urban-style residences provides a built-in shopper base.
THE PLACE TO BE
For the past 25 years, Jeffrey has called Phipps Plaza home. The Jeffrey Fashion Cares event, hosted annually at Phipps Plaza, is the kick-off to Atlanta’s fall social season and one of the largest combined AIDS & Breast Cancer benefits in the country.
— 700 influential Atlantans in attendance— $800,000 raised for charity— 34,348,645 PR impressions— 1,362 unique Facebook & Twitter users and
418,065 impressions
AT THE HEART OF THE COMMUNITY
The Southeast’s most sophisticated metropolis, Atlanta boasts a well-educated, affluent population. Phipps Plaza’s ideal location at the intersection of Peachtree and Lenox Roads in the heart of Buckhead provides easy access to one of the nation’s 10 Most Affluent Communities (Robb Report) with the second wealthiest zip code in the South (behind Palm Beach) and ninth in the nation. Forty percent of the entire Atlanta region’s supply of homes valued at over $500,000 is located in Buckhead with an average home sale in 2014 of $931,155. When Buckhead chooses to shop, they choose Phipps Plaza and Lenox Square, generating more than $1 billion in annual retail sales.
THE DISCERNING SHOPPER
In 2015, Atlanta welcomed nearly 51 million visitors. An estimated 40% of Phipps Plaza customers travel from over 100 miles away to shop at this iconic destination.
FIVE STARAPPEAL
5,257 — Hotel rooms are within three miles and approximately
3,000 four- and five-star hotel rooms are within walking distance
★★ ★ ★ — Home to the 5-Diamond Ritz Carlton, five 4-Diamond hotels, and
two Forbes 4-Star hotels (St. Regis Hotel is Conde Nast Traveler’s 2013 #1 Business Travel Hotel in the world)
2016 — AC Hotels by Marriott, located on the perimeter of the property,
is currently under construction and scheduled to open in Summer 2016
300+ — Dining destinations within Buckhead, including three
AAA 4-Diamond establishments
9 — Of the top 12 Atlanta metro restaurant revenue producers are in Buckhead
62 — Art galleries within Buckhead
SITE PLAN
PHASE 2PARK AVENUE
LEN
OX
RD.
PHIPPS BLVD.
PEACHTREE RD.
BELK
SAKSFIFTH
AVENUE
RESTAURANTS
PHIPPSTOWER
TAVERNAT PHIPPS
DAVIO’SRESTAURANT
AC HOTELS BY MARRIOTT (JULY 2016)
THE DOMAIN AT PHIPPS PLAZA(SUMMER 2016)
OUTPARCEL
NORDSTROM
KEYDEPARTMENT STORESRETAILRESTAURANTSENTERTAINMENT/THEATERHOTELRESIDENTIALOUTPARCEL
SECOND LEVEL
BELK BELK
SAKSFIFTH
AVENUE
NORDSTROM
PHASE 1PARK AVENUE
RESTAURANT
THIRD LEVEL
AMC PHIPPS PLAZA 14LEGOLANDDISCOVERY
CENTER
N
PHIPPS PLAZA
SAKS FIFTHAVENUE
NORDSTROM
LENOX RD.
BELK
LENOX RD.
SR 14
1 / P
EAC
HTR
EE
LENOX SQUARE
SR 400
PHIPPS BLVD.
N
AERIAL OVERVIEW
About Simon Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).
Phipps Plaza presents a unique opportunity for your brand. Please contact the following Simon leasing professional for more information:
Michelle Smart(404) [email protected]