Atlanta's first Nobu Hotel
and Restaurant Headlines Transformational Redevelopment
Project
ATLANTA, Nov. 14, 2017 /PRNewswire/ -- Simon, a global
leader in premier shopping, dining and entertainment destinations,
announced plans today to create the Southeast's premier mixed-use
development at Atlanta's Phipps
Plaza, headlined by the arrival of a new Nobu Hotel and Nobu
Atlanta Restaurant. Additional elements of this exciting new
development call for a unique, curated dining experience, a 90,000
square-foot Life Time® Athletic healthy living and entertainment
destination, and a 12-story Class A office building, complete with
a three-story lower level parking garage.
Construction is slated to commence in 2018 with a phased opening
beginning in spring 2020. These new elements will be completely
integrated into the existing footprint of Phipps Plaza, which will
continue to be anchored by the extremely productive Nordstrom and
Saks Fifth Avenue stores. Shopping and parking at Phipps Plaza will
not be affected during the construction of the project.
Simon has transformed Phipps Plaza in recent years by adding
hospitality and residential components and sophisticated food
offerings to an enviable and unique collection of stores. The
AC Hotel Atlanta Buckhead at Phipps Plaza boasts 166 guest rooms
and suites. AC Hotels is one of the most sought-after hotel brands
throughout Europe, and has become
synonymous with modern, first class European-inspired
accommodations, generous amenities, and value for the discerning
traveler. The Domain at Phipps Plaza consists of 319
mid-rise, urban-style luxury residences with a variety of floor
plans.
"Simon has been an exemplary partner to our city for
decades," said Mayor Kasim
Reed. "This new development project at Phipps Plaza is
another example of the company's ongoing commitment to and
investment in Atlanta. As the
Buckhead community continues to
grow, projects like this will help create greater connectivity to
the amenities our residents and visitors want -- as well as more
opportunities for businesses to thrive."
"Today's exciting news without question enhances Phipps Plaza as
the luxury destination of choice for shopping, dining,
entertainment, and hospitality in Atlanta and the entire Southeast," said
Patrick Peterman, Simon's Vice
President of Development and Asset Intensification.
Globally established luxury lifestyle brand Nobu Hotels, founded
by Nobu Matsuhisa, Robert De Niro and Meir Teper, will intuitively
blend its hotel and restaurant as one – with 150 rooms, a striking
rooftop pool, corporate conference space and spa facilities. Nobu
Atlanta Restaurant, revered for its signature new style Japanese
cuisine, will operate in a 10,000 square foot space.
Trevor Horwell, Chief Executive
Officer of Nobu Hotels said, "We are very proud of our partnership
with Simon, one of the world's largest and leading owners and
managers of high-quality retail destinations. They have a vision to
create a dynamic lifestyle experience within Atlanta at Phipps Plaza and we are pleased to
be a cornerstone for this. Our hospitality brand thrives on being a
catalyst for global mixed-use destinations whether this be from
hotel, restaurant, retail or residences."
Additionally, healthy living, healthy aging, healthy lifestyle
company, Life Time, will develop one of its signature, resort-like
athletic clubs. The luxurious, three-level, 90,000-square-foot
destination will feature the ultimate in studio, yoga and cycle
classes, small group and personal training, a full-service LifeSpa,
fast casual LifeCafe, Life Time Kids Academy and a lavish rooftop
pool, beach club and bistro. Founded by Chairman and CEO,
Bahram Akradi, the Life Time
development will be the seventh and most exclusive, premier
location in the Atlanta market.
The project also will incorporate Life Time Work, a
subscription-based membership program for individuals and small
groups that provides beautifully appointed, work, meeting,
collaboration and social spaces within Life Time Athletic.
"Simon's leadership in premier shopping, dining, entertainment
and mixed-use destinations is in perfect alignment with our
objective to develop upscale, all-inclusive, healthy living and
entertainment destinations that encompass the full spectrum of
daily life of individuals, couples and families of all ages," said
Akradi. "We are thrilled to be working with David and his team, and
to add Phipps Plaza to the growing list of innovative projects on
which we are collaborating."
About Simon
Simon is a global leader in the ownership of premier shopping,
dining, entertainment and mixed-use destinations and an S&P 100
company (Simon Property Group, NYSE: SPG). Our properties across
North America, Europe and Asia provide community gathering places for
millions of people every day and generate billions in annual sales.
For more information, visit simon.com.
About Phipps Plaza
Located in Atlanta's prestigious
Buckhead district, Simon's Phipps
Plaza is the Southeast's premier upscale shopping, dining and
entertainment destination. Its distinctive mix of contemporary and
luxury fashion is home to more than 50 market-exclusive brands. The
center features signature boutiques such as Gucci, Versace,
Jeffrey, Giorgio Armani, Valentino,
Hugo Boss, Bally and Tiffany &
Co., as well as anchors Nordstrom and Saks Fifth Avenue. Phipps
Plaza also offers the finest in award-winning dining options,
including Michael Schwartz's Genuine
Pizza (coming soon), the Public Kitchen and Bar (coming
soon), ECCO (coming soon) and Davio's Northern Italian
Steakhouse. Entertainment options include a 14-screen AMC Theatre
with luxury seating in all auditoriums. In recent years, the center
added the Domain at Phipps Plaza, mid-rise, urban-style luxury
residences, as well as the acclaimed AC Hotel by Marriott – in
addition to undergoing a multi-phase renovation that included a
striking, new luxury streetscape at its Peachtree Road entrance.
For a directory of stores and upcoming events, visit
simon.com or find us at facebook.com/phippsplazabuckhead,
twitter.com/ShopPhippsPlaza and instagram.com/shopphippsplaza.
About Nobu Hospitality:
Named one of luxury's 25 Most
Innovative Brands by Robb Report, Nobu Hotels is ranked among an
elite selection of global luxury brands. The natural growth of Nobu
hotels built on service, image, and reputation, offers the complete
spectrum of hotel and restaurant management for unique projects
around the world. Founded by Nobu
Matsuhisa, Robert De Niro and
Meir Teper, with operations spanning five continents, the Nobu
brand thrives in the world's capitals as the ultimate destination
lifestyle experience. The first Nobu Hotel opened in 2013 as a
boutique hotel within Caesars Palace Las Vegas and was subsequently
named one of the Hottest New Hotels by CNN Travel, Top North
America Hotel Opening by Luxury Travel Advisor and subsequently
Luxury Travel Advisor's Award of Excellence. The Nobu Hotel City of
Dreams Manila opened in 2014, Nobu Hotel Miami Beach in 2016 and
the Nobu Ryokan Malibu, Nobu Hotel Shoreditch London, Nobu Hotel
Ibiza Bay and Nobu Hotel Epiphany Palo Alto have opened in
2017. Other Nobu Hotels are in development for Marbella,
Riyadh, Los Cabos, Chicago, Barcelona, Toronto, Sao
Paulo, Bahrain and
Atlanta. Nobu is strategically
focused on further expanding its global portfolio of hotels through
a solid development pipeline. For more information on Nobu Hotels,
please visit www.nobuhotels.com.
About Life Time®—Healthy Way of Life
Life Time champions a healthy and happy life for its members across
128 destinations in 36 major markets in the U.S. and Canada. As the nation's only Healthy Way of
Life brand, Life Time delivers an unmatched athletic resort
experience and provides a comprehensive healthy living, healthy
aging and healthy entertainment experience that goes well beyond
fitness to encompasses the entire spectrum of daily life for
individuals, couples and families of all ages.
Life Time destinations across the U.S. and Canada offer distinctive, branded programs and
services including: personal and TEAM small group training, weight
loss programming, Pilates, studio, cycle and yoga classes, tennis,
racquetball and squash, swim programming and Ultimate Hoops
basketball. Full-service LifeSpa, fast casual LifeCafe, LT
Proactive Care Clinic and LifeClinic Chiropractic offices are also
located within Life Time. For more information visit
www.lifetime.life.
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