ATLANTA-Locally-based developer Carter is envisioning a $40-milllion mixed-use development that would include rental apartments and retail in Decatur, GA.
The firm's plan would be to develop approximately 240 apartment units and 10,000 square feet of retail on a more than 2.5-acre site on West Ponce de Leon Avenue that is currently under contract, according to the Atlanta Business Chronicle.
The project would be anchored by the existing 125,000- square-foot Decatur Court office building, which was recently purchased by an affiliate of Weaver and Woodbery and Redstone Investments for almost $9 million. See story in the Atlanta Business Chronicle.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.