Thursday, April 18, 2013
In a surprise turn of events, the Peachtree Corners mayor announced Tuesday night that the city would follow through on its back-up contract to purchase the 20.6 acres of undeveloped property on S.R. 141.
Tuesday night's City Council meeting began with proclamations and presentations - but finished with some surprising news - the city of Peachtree Corners is about to become a landowner. Announced just a few months ago as the new developer of the "Roberts property," Bob Cheeley, has decided he will not follow through with the plans to purchase and develop the 20.6 acre tract of land across from The Forum. "We were notified yesterday that Cheeley wasn't going to buy the property," said Mayor Mike Mason. The city had placed a back-up contract on the land in the event the original contract was not executed so will follow through and purchase the land. Mason said the contract requires that the city close within 25 days, but there is a provision …
Friday, March 1, 2013
In a sudden turn of events, the Peachtree Corners City Council said Wednesday night that a private developer had put a contract on the 20.6-acre tract of land across from The Forum.
In a surprise announcement at the Special Called City Council meeting Wednesday (Feb. 27) night, Peachtree Corners Mayor Mike Mason said that a new buyer had stepped in and put a contract on the tract of land across from the Forum. Peachtree Corners city leaders had decided earlier to purchase the 20.6-acre tract known as the Roberts Property to keep the property from being developed into a 250+ apartment complex. But with a contract from a private buyer now in place, that will no longer be necessary. The new developer's plans for the site is for a mixed-use development and will be in keeping with the architecture of The Forum across the street, said Mason. "We were surprised and pleased a market alternative presented itself," Mason said…
Wednesday, February 20, 2013
Leaders said they would seek to enter into a contract to purchase 20+ undeveloped acres.
There was only one item on the agenda for Monday night's Peachtree Corners City Council meeting - but it was a big one. The City of Peachtree Corners will pursue the purchase the 20+ undeveloped acres across from The Forum on S.R. 141. Becoming land owners was not the intention when the city was formed said Mayor Mike Mason in his opening remarks. But to avoid having the property developed into 250+ apartments, it ended up to be the city's only option. "We didn't know until October 2012 that Charlie Roberts (the current property owner at the time) had plans to sell it," said Mason. The new owner was Lennar, a Miami, Fla.-based apartment developer. "It was a big surprise to us," he added. Mason said the city looked for other options but …
Lori Howard
5:05 pm on Friday, March 1, 2013
I am so proud of our city leadership! Great result and positive future! more ›