PEACHTREE CITY, GA-Faison Enterprises of Charlotte, NC and joint venture developer Peachtree City Holdings agree to shrink their planned 265,000-sf addition at the 10-year-old Kedron Village Shopping Center to 212,000 sf but get to keep the size of the estimated $10-million Target Supercenter at 125,000 sf.
ORLANDO-Amy Young is the new leasing director at locally based Unicorp National Developments Inc. which calls itself the largest developer of Eckerd drug stores in the US. The Central Florida Commercial Real Estate Society named Young 2003 Overall Top Retail Producer.
ATLANTA-Developers Margaret Sapp and Stephen Macauley plan to appeal the commissioners' decision on the estimated $50-million venture in Cherokee Superior Court. The developers sought to rezone 340 acres for 491 single-family and townhomes in a new subdivision that would have horse trails, a riding area and 50-horse barn.
ORLANDO-A total 790 buyers from around the world paid $150,000 to $275,000 for a total 712 home sites ranging from 35 feet by 150 feet to 55 feet by 150 feet on the west side of the $200-million property 60 miles south of Downtown.
DECATUR, GA-The Decatur Housing Authority could break ground in January 2005 on the 40-acre, Avondale station site planned for 200 apartments, 120 condominium units and a parking deck. The Atlanta Regional Commission is budgeting $3.9 million for the project's first phase.
ORLANDO-Developer Alan Ginsburg and his CED Construction Co. of Maitland, FL plan to break ground by May on Belle Isle Apartments, a 336-unit affordable housing complex on Conway Road near Belle Isle in south Orlando.
ATLANTA-The 323-square-mile area with a permanent population of 140,000 wants to win a share of the revenue being generated by regional trade shows for outdoor activities, local Chamber of Commerce officials will pitch at a meeting this month with the Henry County Development Authority.
GAINESVILLE, GA-Mundy Mill, to be developed on 607 acres in south Hall County, is expected to have 500,000 sf of retail, 586,000 sf of office, 724 multifamily units, 682 attached townhomes and 1,158 single-family residences.
CELEBRATION, FL-The real estate finance division of Denver-based GMAC Commercial Holding Capital Corp. provides a $19.1-million bridge loan to New York-based Lexin Capital for the $24-million purchase of the 273,000-sf Town Center and 6.8 acres of prime undeveloped land five minutes from Walt Disney World.
