X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DULUTH, GA-Madison Walk, a locally based partnership headed by George Thorndyke, expects to unveil plans by year’s end for a mixed-use, 50-acre development in this Atlanta suburb with an estimated investment value of about $1 billion, area brokers familiar with the enterprise tell GlobeSt.com.

The specific development site hasn’t been announced but sources working with Thorndyke tell GlobeSt.com it will be near the 1.24-million-sf Gwinnett Place regional mall at Interstate 85 and Pleasantville Road and the 322,991-sf Gwinnett Prado mall. The project will be the first since Gwinnett County commissioners approved new high-rise guidelines for mixed-use and residential projects, as GlobeSt.com reported Dec. 14.

Madison Walk owns the former Macy’s building, now vacant, at Gwinnett Place. Thorndyke is a former candidate for Gwinnett County’s board of commissioners.

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

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.