Box 3, Folder 8, Document 11

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Box 3, Folder 8, Document 11

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FOR SALE
Atianta

Shopping
Center

UTHORITY
RE









Downtown
Atlanta
Business
District
North






Interstate 20
2 Miles

Interstate 75 & 85

THIS STRATEGICALLY LOCATED
SHOPPING CENTER SITE
OFFERED FOR SALE
ON A COMPETITIVE BASIS

Here is an ideal shopping center site consisting of over
14 acres of land... close in. . just 2 miles from the
center of the City... and in one of the great residential
trading areas of Atlanta.

Adjacent to Sears Roebuck famous West-End Store.
This site has long frontages on key streets . . . Oak,
Gordon, Lee and Dunn Streets which provide easy
and quick access. Interstate 20 could bring in cus-
tomers from just about anywhere in the Metropolitan
area.

Improvements include water, natural gas, electricity,
sanitary sewage, storm drainage, paved streets.

Zoning is Commercial, C-2.

We invite you to inspect this property. .. study its po-
tential . . . get more detailed information from the
Atlanta Housing Authority. ..and submit your proposal.
This is an excellent property...and one that would be
hard to duplicate in the Atlanta area.

ASHBY STREET

INTERSTATE 20

254,37
225) PARCEL 22
111,935.196 SQ. FT.
2.5697 ACRES
821.82

OAK STREET

PARCEL 23
538,146.616 SQ. FT.
12.3541 ACRES

Pee ei ale)

GORDON STREET

LEE STREET





PRE-ESTABLISHED
MINIMUM PRICE FOR
BOTH PARCELS
$861,000.00

$713,000.00 for Parcel 23 alone.
Proposals for Parcel 22 alone are
not acceptable (proposals with
prices less than these cannot be
considered).

BROKERS PROTECTED
PROPOSALS ARE NOT COMPLICATED

The Atlanta Housing Authority will supply all neces-
sary proposal forms, and will gladly answer questions
concerning the method of making your proposal. Mini-
mum prices have been established for this property
and no proposal with a purchase price less than
these will be considered.

Proposals are to be opened in the office of the Atlanta
Housing Authority on June 12, 1968 at 10:00 A.M. If an
acceptable proposal is not received, the Authority will
continue to receive proposals and to open them as re-
ceived for a period of twelve months or until the tract
is sold. E

‘URBAN REDEVELOPMENT
_ PROTECTS THE FUTURE OF YOUR INVESTMENT

In any Urban Redevelopment Area, no proposal can
receive consideration that contemplates an unper-
mitted use. This assures good neighbors:and perma-
nence of values. All proposals must include a statement
by the redeveloper showing financial responsibility
and capability to successfully complete the proposed
improvements set forth in preliminary drawings and a
narrative description. These are carefully considered
before a determination is made as to which proposal is
to be accepted. The Agency will accept such proposal,
if any, as it deems to be in the public interest and in
furtherance of the purpose of the Georgia Redevelop-
ment Law; however, no proposal for purchase at a
price less than the established minimum price will be
considered. In evaluating the proposals, the Agency
will consider the proposed price to be paid for the
Jand; the compatibility of the proposed development to
other existing and planned improvements in the area;
the excellence of the proposed design and the quality
of the overall planning of the proposed development;
and the size of the proposed development, particularly
as it relates to effect on the tax digest. These tracts are
in a protected area— this is fundamental to the whole
basic concept of Urban Redevelopment.

PROPOSALS WILL BE OPENED
June 12, 1968 at 10:00 A.M.

ATLANTA HOUSING AUTHORITY
824 HURT BUILDING
ATLANTA, GEORGIA 30303
523-6074

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