Done deal: Egbert Perry buys GM plant site

Done deal.

A group led by Atlanta developer Egbert Perry has purchased the former GM plant site in Doraville, Ga., clearing the way for one of metro Atlanta’s biggest redevelopment projects.

Money changed hands on Wednesday. “As of a few hours ago we officially closed. We own the GM site,” Perry told Atlanta Business Chronicle.

Now work will begin to turn the 162 acres just north of Atlanta into 20 blocks of office buildings, housing, stores and restaurants. Read the rest of this article at The Atlanta Business Chronicle.

More than 70-acre Glenridge Hall site hits the market

The Perimeter hasn’t seen a potential land deal this big since Gerald D. Hines developed Ravinia in the 1980s.

Roughly 76 acres at Georgia 400 and Abernathy Road in Sandy Springs will hit the market today, becoming the largest development site available in the central Perimeter.

The land, owned by the Mayson family, is currently zoned residential and known best for its historic Glenridge Hall mansion.  Read the rest of this story at The Atlanta Business Chronicle.