ATLANTA-Halted previously by inconclusive plans from the Georgia Department of Transportation to build a 59-mile highway through its planned development, James Creek developer PEC Development Group of Cobb County plans to tentatively break ground in the fall on the 343-acre, multi-million-dollar project.
Forsyth County planning department officials confirm to GlobeSt.com that PEC has filed tentative development plans for 15 acres of commercial space, 300 townhomes and 639 single-family residences at James Creek.
Although state officials have not formally announced the end of their highway project, area brokers familiar with the venture tell GlobeSt.com PEC is proceeding with its project on the understanding the road job is dead.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
