What would you do if you had 165 acres of prime real estate ITP and it was tied to MARTA?

The City of Doraville is looking for developers with deep pockets and a vision. If this is you, check out the sales pitch and the college project for ideas.



Atlanta Business Chronicle article

General Motors Corp. officials said the automaker has received at least 1,000 inquiries, including interest from international firms, about redeveloping its Doraville Assembly plant.

GM officials, speaking at a June 19 press conference in Doraville, Ga., said the company would probably narrow its list of developers to three-to-five candidates by August. It wants to name a developer as early as October to remake the 165-acre assembly plant -- a landmark in Doraville since 1947 -- into what could be the largest transit-oriented mixed-use development in metro Atlanta. A MARTA train runs adjacent to the plant and Peachtree-DeKalb airport is a few miles away.

The plant stands next to Spaghetti Junction and borders the city of Chamblee. GM said it's looking for a developer with experience redeveloping brownfields, or tracts of land previously developed for industrial uses and that often contain pollutants.

The automaker wants a developer that has deep pockets, especially in the current lending environment in which financing is often more difficult to obtain. And it also wants a developer that shares the vision of the city of Doraville and DeKalb County, GM officials said.