Univest Holdings
led the acquisition of the Crabapple Square shopping center
in 2000 for the purpose
of redeveloping the retail site now known as, The Village
Festival. The property is located at the intersection of
Crossville Road and Crabapple Road in Roswell, Georgia. Univest
Holdings executed a redevelopment plan which encompassed
renovating the existing 48,000 sq. ft. of retail while transforming
the site plan layout to create four additional out parcels.
Development of the out parcels added an additional 32,000
sq. ft. of retail, office, and restaurant space to the site.
The Village Festival has become Univest Holdings' flagship
suburban revitalization project and an integral part of the
Roswell community. In October 2005, the partnership capitalized
on its value enhancement and sold the center to a real estate
investment group out of California.
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10930 Crabapple
Road
Roswell, GA 30075
Mixed Use Redevelopment
80,000 sq.ft
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