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Thursday, January 28, 2010

Doraville General Motors plant potentially has a buyer!

After 18 months of talks, the Atlanta Business Chronicle reports, General Motors has entered into an agreement to sell its 165-acre Doraville plant to New Broad Street Properties. The Orlando, Fla.-based firm plans to redevelop the now-shuttered facility along I-285. From the Chronicle:

The deal could close in early summer, when initial development plans and timetables will be disclosed, said New Broad Street president David Pace.

“This is the best urban infill site in the country for a large transit-oriented development,” said Pace. “It will be clean and green, incorporating environmental remediation of the former industrial site with best practices for sustainable development.”

Will it include a stadium? Maybe a Dome? Hmmm?

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