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• 1n • I OFFERED BY THE ATLANTA HOUSING AUTHORITY IN THE WEST END URBAN REDEVELOPMENT AREA �THIS STRATEGICALLY LOCATED SHOPPING CENTER SITE OFFERED FOR SALE ON A COMPETITIVE BASIS ~ ,th PRE-ESTABLISHED M INIMU M PRICE FOR BOTH PARCE LS $861 ,000.00 Here is an ideal shopping center site consisting of over 14 acres of land .. . close in .. just 2 miles from t he center of the City . . . and in one of the great residential tra ding areas of Atlanta. In te rsta te 75 & 85 Adj acent to Se ars Roebuck famous West-End Store. This site has long fro ntages on key streets . . . Oak, Gordon, Lee and Dunn Streets which provide easy and quick access. Interstate 20 could bring in cu stomers from just about anywhere in the Metropolitan area. Improvements include wate r, n atural g,a s , ele ctricity, sanitary sew age, storm drainage, paved streets. Zoning is Commercial, C-2. We invite you to inspect this property .. . .study its potential . .. get more detailed information from the Atlanta Housing Authorit y . .. and submit your proposal. This is an excellen t property . . . and one that w ould b e hard to duplicate in the Atlanta area . $713,000.00 for Pa rcel 23 alone. Proposals for Parcel 22 alone are not acceptable (proposals with prices less than these cannot be considered) . SEARS ROEBUCK WEST END STORE PARCEL 23 538,146.616 SQ. FT 12.3541 ACRES BROKERS PROTECTED �- PROPOSALS ARE NOT COMPLICATED The Atlanta Housing Authority will supply all necessary proposal forms, and will gladly _a nswer questions concerning the method of making your proposal. Minimum prices have been established for this property and no proposal with a purchase price less than these will be considered. Proposals are to be opened in the office of the Atlanta Housing Authority on June 12, 1968 at 10:00 A.M. If an acceptable proposal is not received, the Authority will continue to receive .proposals and to open them as received for a period of twelve months or until the tract is sold. URBAN REDEVELOPMENT PROTECTS THE FUTURE OF YOUR INVESTMENT In any Urban Redevelopment ~ea, no proposal car{ receive consideration that contemplates an unpermitted use. This assures good neighbors,~nd permanence of values. All proposals must include a statement by the redeveloper showing financial responsibility and capability to successfully complete the proposed improvements set forth in preliminary drawings and a narrative description. These are carefully considered before a determination is made as to which propq_sal· is to be accepted. The Agency will accept such proposal, if any, as it deems to be in the public interest and in furtherance of the purpose of the Georgia Redevelopment Law; however, no proposal for purchase at a price less than the established minimum price will be considered. )n evaluating the proposals, the Agency will consider the proposed price to be paid for the land; the compatibility of the proposed development to other existing and planned improvements in the area; the excellence of the proposed design and the quality of the overall planning of tl~e proposed developIQ_ent; and the size of the proposed development, particularly · as it relates to effect on the tax digest. These tracts are in a protected area - this is fundamental to the whole basic contept of Urban Redevelopment. PROPOSALS WILL BE OPENED June 12, 1968 at 10:00 A.M. ATLANTA HOUSING AUTHORITY 824 HURT BUILDING ATLANTA, GEORGIA 30303 523-6074 ..J �