Box 3, Folder 8, Document 18

Dublin Core

Title

Box 3, Folder 8, Document 18

Text Item Type Metadata

Text


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
LOWER PRICE:
PR E-ESTABLI SHED
MINIMUM PR ICE FOR
BOTH PARC ELS
$512,000.00
Here is an ideal shopping center site consisting of over
14 acres of land . . . close in ... just 2 miles from the
center of the Cit y .. . and in one of the great residential
trading areas of Atlanta.
Inte rstate 75 & 85
Take another
look at this one!
Adjacent to Sears Roebuck famo us West-End Store.
This site has long Frontages on key streets . . . Oak,
Gordon and Lee and Dunn Streets which provide easy
and quick access. Interstate 20 could bring in customers from ju st about anywhere in the Metropolitan
area.
Improvements include water, n atural gas , electricity,
sanitary sewage , storm drainage, paved streets.
Zoning is Commercial, C-2 .
We invite you to inspect this property . . . st udy its potential .. . get more detailed information from the
Atla:., ta Housing Authority .. . and submit your proposal.
This is a n excellent property ... and one that would be
hard to duplic ate in the Atlanta area.
$424,000.00 for Parcel 23 alone.
Proposals fo r Parcel 22 alon e are
n ot acce p tab le (p rop osals with
prices less than the se cannot b e
considered ).
BETTER TERMS:
SEARS
ROEBUCK
WEST
END
STORE
PARCEL 23
538,146.616 SO. FT.
12.3541 ACRES
I .
Redeveloper , when submitting his
P ro posal , ma kes a Pro p os al De posit in t he amount of 5% of the
purchase price . One ye ar after acceptance of the Proposal, t he Redevelope r must sigi1 the Agreement
for Disposition of Land and pay a
total of 20% as Earnest Money. Six
months later sale is to be closed.
�PROPOSALS ARE NOT COMPLICAT D
The Atlanta Housing Authority will supply all necessary pi:oposal forms , and will gladly answer 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 October 8, 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 Area, no proposal can receive consideration that contemplates an unpermitted use. This assures
good neighbors and 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 proposal 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. The primary objective of this invitation for proposals
to buy and redevelop this property is the receipt and acceptance
of one which contemplates the erection of a modern shopping
center with an enclosed air-conditioned mall. Other acceptable
proposals will be considered. In 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 tp.e area; the excellence of the
proposed design and the quality of the overall planning of the
proposed development; 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 concept of Urban Redevelopment.
PROPOSALS WILL BE OPENED
October 8, 1968
ATLANTA HOUSING AUTHORITY
824 HURT BUILDING
ATLANTA, GEORGIA 30303
523-6074

Social Bookmarking

Comments

Transcribe This Item

  1. http://allenarchive.iac.gatech.edu/originals/ahc_CAR_015_003_008_018.pdf

Document Viewer