Friday, January 29, 2010

Big Plans for GM Plant in Doraville

The Atlanta Journal-Constitution

An Orlando developer has a contract to buy the old General Motors plant in Doraville and plans to build a "clean and green" community of houses, shops, restaurants and offices on the site, the company said Thursday.

New Broad Street Cos. said it has been in discussions with GM for more than 18 months.

"It could be any mix of uses," New Broad Street spokeswoman Barbara Koenig said Thursday. "Any mix of commercial, retail, residential."

The deal is expected to close in early summer. The purchase price will not be disclosed, Koenig said.

"This is the best urban infill site in the country for a large transit-oriented development," New Broad Street president David Pace said in a statement. "It will be clean and green, incorporating environmental remediation of the former industrial site with best practices for sustainable development."

The Doraville plant closed in September 2008 and several developers bid to buy the massive 165-acre site.


ajc story

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