Doraville GM PlantThe City of Doraville held its breath as the General Motors Plant closed in 2008 and the real estate market also kind of closed up. Since that time, the parking lot has collected a few weeds (actually a lot of weeds) and the City of Doraville has  burned through a bank account surplus as it failed to reign in spending.

But there might be headlights, or building lights shining in the future. Atlanta developer and civic leader Egbert Perry is leading a team that may be close to striking a deal to purchase the property. And Dorvalle probably could not ask for a better steward....Perry's company Integral Group, LLC has developed other mixed use projects, and Perry himself is Chairman of the Central Atlanta Progress, the group in charge of the Downtown Community Improvement District.

The GM site is a jewel for development. Located adjacent to I-285 and a stone's throw from I-85, it has something the Atlantic Station in Midtown West would of loved to have....a MARTA transit station next to it! And studies have already indicated that the brown field cleanup at the GM site will be nothing of the magnitude that was required at Atlantic Station. Georgia Tech also completed a detailed development plan for the site that reconnects the "downtown" portion of Doraville with the site and the MARTA station. I've written about the Doraville GM Plant several times.

Burrell Ellis, CEO of DeKalb County has said GM officials suggest they are close to an agreement. "To get to closing, it's going to take a collaborative effort between the City of Doraville, DeKalb County and state and federal governments."

Northwoods Historic Ranch HomesDoraville is a ITP (Inside The Perimeter) community with affordable housing already in place to support the people that would work at General City (that's MY name, not anyone else's!!) One community, Northwoods, has just been nominated to the National Register of Historic Places. Built in the 50's and 60's, Northwoods is the first planned unit development EVER built in Georgia. One of the original architects, Earnest Mastin was even present at a cocktail reception held to honor Georgia State University’s Heritage Preservation Program, and the Dekalb History Center for their efforts and contributions toward getting the neighborhood listed on the National Register of Historic Places.

Now just might be a good time to pick up a cool 60's style ranch, renovate it and be ready for the real estate wave.

Associate Broker

Thomas Ramon Realty @ Palmer House Properties

2911 Piedmont Road, NE, Atlanta, GA 30305

Direct: 770.713.1505  Office: 404.876.4901  Fax: 404.478.8495

 

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4 Comments on Could There Be New Lights Shining at the Doraville GM Plant?

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THom - it would be good news for everyone in that area if the deal would close. I hate to say it, but GM has been very tough to deal with. We have a GM plant just a few miles south of Franklin that is the most efficient plant that GM has ever had. They shut it down in 2008 and moved the production to Michigan in a political game at the cost of over $1,000,000,000. Of course they didn't care about the money, we were the ones who got stuck with the bill in the foreclosure. They had a chance to sell the plant when Volkswagen decided to move to Tennessee, nbut once again, they really weren't interested in the money. It seems that money and making a profit are very far away from the thoughts of GM management, so good luck getting this deal done.

Maybe if Obama doesn't get reelected, GM will actually be run by business people instead of friends of the president.

11:40am • #1
1,522,227 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master
Hope the new development comes to fruition. Though we didn't had any large plants close we have a number of redevelopment projects that are starting to come back to life after the RE market slump.
4:42pm • #2
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Thom, wouldn't this be great for the area!

2:29pm • #3
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Larry: I try to look on the positive side, but the Tarrytown Plant is still sitting there and I think it closed TEN years ago....let that not happen to us. 

This is an incredible site with a MARTA train station, 2 major freeways and the second busiest airport in all of  Georgia surrounding it....

Cindy:  There is actually a lot of construction going on in Atlanta....no condos, and it may be that way for a while which will help move prices in the right direction.

Connie:  I'm sure it would help my property values. I live about a mile from the site and can walk there! 

8:36pm • #4


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Thom Abbott-Search Midtown Atlanta Intown Atlanta Real Estate

Atlanta, GA

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MyMidtownMojo.com Thomas Ramon Realty

Address: 2911 Piedmont Road, NE, Atlanta, GA, 30305

Office Phone: (404) 876-4901

Cell Phone: (770) 713-1505

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Anything about Intown Atlanta Real Estate you wanted to know but were afraid to ask, or didn't know WHO to ask....you have come to the right place. And if we don't know we WILL get the answer! So WHAT IS Intown Atlanta?
There are many definitions, but let's just say anything inside I-285, or "Inside the Perimeter - ITP" is Intown Atlanta! There are many neighborhoods, from Buckhead, to Brookhaven, Morningside, Midtown, and Midtown West, to actual cities like Decatur, Chamblee, and Doraville.
I work with BOTH Buyers and Sellers. If you are looking for the best Internet Marketing, or a broker that knows the Intown Atlanta area, then you HAVE come to the right place!

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