ATLANTA-Determined not to be swallowed by neighboring cities Woodstock and Canton, Holly Springs, GA is moving forward with its first major commercial development since the four-square-mile city was incorporated in 1906.

Nestled in rural Cherokee County, about 20 miles north of Downtown Atlanta, elected officials in the county’s third largest city (Pop. 3,500) have approved Atlanta developer Stephen Macauley’s Lakes of Holly Springs, a mixed-use project calling for 100,000 sf of retail/office/commercial and 1,250 shelter units, including 300 townhomes.

City council members estimate the project will generate $4.5 million in local tax revenue and bring 220 new jobs to the immediate development area. The 541-acre site is three miles from Downtown Holly Springs near Hickory Road to the south and GA 140 to the north. About 130 acres are being set aside for green space and public recreation areas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.