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Property for Sale on Spalding: How Would You Like To See it Developed?

Over three acres are up for sale on the corner of Spalding Drive and Spalding Terrace.

Property across from Norcross High School, currently zoned residential, is on the market.

The property, some three-and-a-half acres, is part of the Spalding Terrace subdivision. Many of the homes in the development were built in the late 1970s and sit on acre lots, something common back when there was plenty of land and few residents.

Edward Hales, a broker with Workman & Co. is marketing the property in behalf of two homeowners whose residences are located at the entrance to the subdivision.

"There are two lots for sale," said Hales. The price he quoted was $250,000 per acre. The property has been up for sale for about a year, said Hales who added, "the owners are motivated."

The two tracts of land (and the Spalding Terrace subdivision) are sandwiched in between Wesleyan School, a small commercial development and a larger subdivision that fronts Medlock Bridge Road.

The two homes are directly across from another residence which was just recently rezoned so that the Wesleyan School could build several additional tennis courts for student use.

The home on that property is slated to be razed soon to make room for the construction.

Currently zoned R-100, Hales said the property could be rezoned and redeveloped for commercial, mixed use, a senior development or for apartments.

What do you think is the best use for this property?

Editor's note: It is just these types of issues that the city's Comprehensive Plan, which is currently being developed, will be addressing. For more on those plans, visit the city's website or call your City Council member.

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Betty February 14, 2013 at 02:45 PM
Certainly not apartments. There is too much traffic on Spalding already and we have plenty of apartments in Peachtree Corners.
Rico Figliolini February 14, 2013 at 07:22 PM
Sounds like to me that area is low-density zoned. That allows for 3 units or less per acre. So without zoning on 2 acres it may yield possibly 4 new homes. As for apartments - that should never happen.
Marianne Thompson February 14, 2013 at 11:27 PM
Actually... Most of the houses (Including this property) were built in the mid 1960's.
Thomas E. Sawyer February 14, 2013 at 11:31 PM
No more apartments in PC....ever, never!
Judy Putnam (Editor) February 14, 2013 at 11:41 PM
Thanks for the correction Marianne. I had been told they were constructed in the 1970s. The architecture style of the homes certainly looks more like the '60s era.
David B. Manley February 15, 2013 at 02:30 AM
Considering that Peachtree Corners is already at 50% apartments which saturation is well over the recommendations of city planners, the previous opinion regarding more apartments by Diana Wheeler, Peachtree Corners Community Development Director, and the outcry regarding the plans for the property across from The Forum, although residents need to keep abreast of the plans for these 3 1/2 acres, I think use of the property for apartments is unlikely. Thank goodness. Any other change from the present residential zoning should be evaluated with care.

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