Monday, July 1, 2013

Bull Realty Chosen to Market Land on Behalf of the City of Lilburn, GA for Downtown Mixed-Use Development

  

Liburn, GA City Hall

ATLANTA, GA (July 1, 2013) – On behalf of the Lilburn (Ga.) Downtown Development Authority, Bull Realty has just announced the availability of a 7.72-acre site for a mixed-use development in the heart of Lilburn’s soon-to-be-relocated city center.

Daniel Latshaw
The property fronts the corner of Lawrenceville Highway (Highway 29) and the under-construction new Main Street and across the street from Lilburn’s new 24,000-square-foot City Hall and the more-than-20,000-square-foot library.

 “While the chance to develop prime real estate in the heart of a close-in suburb of fast-growing Atlanta is incentive enough for developers, this is an historic opportunity,” said Daniel Latshaw, a Bull Realty partner and the listing broker. “It’s an opportunity for a signature development that is also an integral part of a newly created downtown.”

 The development will benefit from 585 feet of frontage on the new Main Street and approximately 680 feet on Highway 29. The daily traffic count is 38,504 cars on Hwy 29 and 8,000 on main St poised to increase when the new City Center opens.

Commercial business (CB) zoning and the Lawrenceville HighwayCorridor Overlay Zoning District provide ample flexibility for various mixed-use projects consistent with the two-story, $10 million City Hall andlibrary, both of which are scheduled for completion in fall 2014.

 “Having essentially a blank slate at this exceptional location, the developer chosen for the new gateway mixed-use project will benefit from Lilburn’s forward-thinking leadership, thriving economy, small-town charm and top-rated schools,” Latshaw said.

For a complete copy of the company’s news release, please contact:

Savannah Duncan
The Wilbert Group
O:  404.343.0870
C: 404.901.4433

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