ATLANTA (May 20, 2014) - The Secret Sauce, the first SlideShare in a series exploring the future of retail from North American Properties (NAP), argues that chef-driven restaurants are increasingly essential to the success of retail and mixed-use projects. North American Properties - Atlanta launched The Future of Retail series yesterday at the International Council of Shopping Centers (ICSC) RECon show in Las Vegas.
NAP is not just offering up theories. It is betting on the power of chef-driven restaurants. It has secured six of the Southeast’s hottest chefs for Avalon, a $600 million mixed-use development that will open in late October in Alpharetta, Ga.
Those restaurateurs include Ford Fry, Shaun Doty, Steve Palmer, Brian Lewis, Ciaran Duffy and Giovanni Di Palma. The Secret Sauce shares interesting statistics about the rise of the foodie and the decline of the chain restaurant, as well as insights about how industry leaders are adapting to the trends. The Secret Sauce can be downloaded here.
Avalon is a new experience in the timeless art of living well. In the heart of Alpharetta, this sustainably-designed, 86-acre development with more than 500,000 square feet of retail, a 12-screen all premium theater, conference center and full-service hotels, Class A office, single-family residences and luxury rental homes infuses resort-level hospitality throughout a walkable, seamlessly connected community of shopping, dining, entertainment, living, and working. It's more than just another place to go, it's a place to be — a hub of local art and activity that delivers the luxury of the modern South. At 2.4 million square feet and more than $600 million, Avalon is one of the largest projects currently underway in the United States. You can find more updates on Avalon at its website, Facebook page, Instagram or Twitter profile. - See more here.