Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CARROLLTON, GA-Concerned over the area’s drinking water purity and growing commercial development, Carrollton County and the City of Carrollton have aggregately paid $174,500, or an average $4,532 per acre, for 38.5 acres of conservation land. The sites are about 40 miles southwest of Downtown Atlanta.

The Washington, DC-based Trust for Public Land brokered both deals, the county tells GlobeSt.com. Carrollton County paid $62,500, or $5,000 per acre, for 12.5 acres along the upper Little Tallapoosa River. The tract will be part of a 256-acre regional park the county plans to acquire in the area.

The city paid $112,000, or $4,307 per acre, for 26 acres along Buffalo Creek. The land will be used as a community park.

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?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.