Monday, May 20, 2013
The seven-member board will vote on several matters related to the city's recent land purchase.
The newly formed Downtown Development Authority will meet on Monday, May 20, 2013 at 11:30 a.m. at City Hall regarding several items involving the 20.6-acre tract of land across from The Forum which the city recently acquired. On the meeting agenda under Old Business: In New Business DDA to consider: Authorize submitting a rezoning application for the 20.6 acres of land located in the 5200 block of Peachtree Parkway (known as the DDA property) Authorize releasing and distributing a Request for Proposals (RFP) for the acquistion and development of the DDA Property Approval of a Bond Resolution authorizing the issuance of a revenue bond and execution and delivery of an Intergovernmental Contract (contingency option) to refinance the real …
Tuesday, May 14, 2013
The City of Peachtree Corners now owns the 20.6 acres of undeveloped land on Peachtree Parkway.
Editor's note: Bill Johnson is the Public Information Officer for the City of Peachtree Corners. Peachtree Corners city officials took an important step toward fulfilling their promise to protect the quality of life and safeguard property values in the city Monday by closing on the purchase of a 20.6 acre tract of land across from The Forum on Peachtree Parkway. City officials voted unanimously earlier this year to purchase what has become known as the Robert Property. A developer had planned to build a 250-acre apartment complex on the site that was out of character with the surrounding area. "Today's purchase represents a win-win situation for the city," Mason said. "The city has stopped the development of an apartment complex that …
Tuesday, May 7, 2013
Peachtree Corners seven-member board got right down to business adopting a resolution to establish by-laws and approving a real estate purchase agreement.
It's official - the City of Peachtree Corners now has a Downtown Development Authority approved and ready to take on its first task - buying the undeveloped property across from The Forum. But the first step was approving the DDA's organizational by-laws and electing a chairman and vice chairman for the seven-member board. Dan Graveline was nominated by the board to chair the DDA, and Bob Saville was approved as the vice-chairman. The chairman sets the agenda and signs agreements, the vice-chairman acts as a backup should the chairman not be available. The secretary-treasurer position will be filled by Diana Wheeler, the Community Development Director for the city. She will maintain the DDA's records, keep meeting minutes and keep track of…
Monday, May 6, 2013
The newly appointed seven-member board's first meeting is May 6 at 11:30 a.m.
The Peachtree Corners City Council approved a resolution on April 16, 2013 to create a Downtown Development Authority (DDA). The seven-member authority will be tasked with a number of duties, its main focus will be on revitalizing and redeveloping the central business district of the city. The new board will hold its first meeting on Monday, May 6 at 11:30 a.m. at City Hall. "The need for a Downtown Development Authority was created when the city entered into a contract to purchase the undeveloped land across from The Forum," said City Manager, Julian Jackson. The DDA will be responsible for locating a buyer and developer for the property said Jackson. As part of the resolution, members (aka directors) had to meet the following …
Monday, April 22, 2013
Bob Cheeley, who sits on the board of directors of Piedmont Bank in Peachtree Corners, had planned to develop the acreage across from The Forum.
Just when it looked as though it was a matter of time before the Peachtree Corners community would have a mixed-use development on the undeveloped land across from The Forum, the developer pulled out. Bob Cheeley, with Piedmont Bank, had stepped in ahead of the city with a contract to buy the land. He explains why he had a change of heart just days before the anticipated April 15th closing date. "It was a decision I made over the weekend," said Cheeley, who is also developing a 4.5 acre tract adjacent to Piedmont Bank. "I had a number of meetings with investors leading up to the weekend who really wanted to do something." But without the property rezoned, he said he was not able to get the commitments he needed for the estimated $160 …
Tuesday, February 19, 2013
Mayor and City Council propose pormation of a Downtown Development Authority to purchase and determine future development of a large land tract in heart of the city.
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Tuesday, February 19
February 18, Peachtree Corners – Citing their responsibility to protect the quality of life in Peachtree Corners, Mayor Mike Mason and the City Council have voted unanimously to move forward and purchase a tract of land that has been a point of discussion for many years. The Council had received numerous calls of concern from citizens over a proposed apartment development planned for that site. The property was recently acquired by Lennar Corporation, a national homebuilder and planned to break ground on a 250+ apartment development on the site in the Spring. Since Peachtree Corners is currently at the 50/50 tipping point of single family vs. multi-family housing, the Council felt it was their duty to keep the City’s housing balanced …
Minh
4:18 pm on Sunday, May 19, 2013
Congrats to all Peachtree corners city residents with official purchased decision. Here is the price for the property: "Lennar Corp., a Miami-based home builder, purchased 20.6 acres at the intersection of Peachtree Parkway and Medlock Bridge Road in Norcross, GA, from Roberts Properties Inc. for $7.59 million, or about $370,000 per acre. The parcel is zoned for multifamily development, and the … more ›