After nearly four years in development, Roswell Inc., the Roswell Downtown Development Authority, Canton Place Development and Wells Fargo, in partnership with legendary Atlanta developer and Canton Place chairman Claude A. Petty, Jr. are pleased to announce a 2017 groundbreaking for an exciting new chapter for Historic Downtown Roswell, called Canton Place.
Designed as an enhancement to the thriving Downtown, plans for the site include a 110 to 120- room boutique hotel, 8,000 square foot special event space, chef-driven restaurant with rooftop dining, a luxury spa, an expansive park-like garden and an underground parking facility. Hotel Equities, an Atlanta-based company revered for its excellence in hospitality, will oversee the hotel’s operations.
“This represents a major game changer for Downtown Roswell,” says Roswell Inc. executive director Steve Stroud. “I’m most proud that this entire project was initiated by the passion of Roswell residents – people who live and work here who want to create a catalyst for continuing positive change for our next generation.”
“As a Roswell native, it is exciting to come up with a long-term solution to serve the needs of our vibrant Downtown,” says Canton Place Development’s Kevin Bryant. “We’re proud of our community, and we want the folks who are here for a wedding or on business to have a world-class reason to stay overnight and explore everything Downtown Roswell has to offer.”
Canton Place will be built at 37 Magnolia Street where Wells Fargo is currently located. The innovative plans will not interrupt business for local Wells Fargo customers. The new Wells Fargo facility will be constructed in phase one of the plan. “We’re always looking for ways to grow and better serve our community,” says Wells Fargo’s Scott Asher. “Canton Place is a great example of what a community can accomplish when we work together.”
“This is a vibrant, viable and sustainable blueprint for the next 40 years,” says Roswell Downtown Development Authority’s Monica Hagewood. It’s great to work with a local team that is as committed as we are to our continued growth and success. It’s an exciting time to live in Roswell.”
With its new dedicated underground parking area, a long-term solution to Historic Downtown Roswell’s parking challenges was hardwired into Canton Place’s development DNA from the first blueprint.
Canton Place chairman Claude Petty’s iconic career has included development of Piedmont Center, Atlanta Merchandise Mart, and later serving as a partner at PC Associates. “I’ve spent most of my career in community enhancement,” says Petty. “Canton Place was designed to serve as a new Downtown destination – a beautiful, comfortable, walkable place for us, the people of Roswell, and our guests to be.”
In the coming weeks, the team will make major announcements regarding architects, retail partners, boutique hotel brand, details about the chef-driven restaurant with rooftop dining, garden inspired by the vision for the Roswell City Green, and the free-standing adjacent spa that will pamper brides-to-be and local residents alike.
