Sunday, June 14, 2015

Marietta: 92 acres almost assembled for new businesses- via Atlanta Business Chronicle

Marietta, Ga., is close to assembling 92 acres of city-owned property on Franklin Road by buying and tearing down apartment buildings. Leaders hope the land will attract new development.
The site is less than 10 miles from the Braves new Cobb County home in the Cumberland area. The team's move to Cobb County is credited with sparking more interest in Marietta's Franklin Road area and other nearby areas.
The Marietta City Council moved closer Wednesday night to purchasing the 28-acre 400-unit Marquis Place apartment complex on Franklin Road for $17.3 million, the Marietta Daily Journal reports.

No comments: