{"id":174502,"date":"2024-03-26T21:19:38","date_gmt":"2024-03-27T01:19:38","guid":{"rendered":"https:\/\/thegeorgiasun.com\/?p=174502"},"modified":"2024-03-26T21:19:44","modified_gmt":"2024-03-27T01:19:44","slug":"whats-next-for-the-stone-mountain-tennis-center-site","status":"publish","type":"post","link":"https:\/\/thegeorgiasun.com\/?p=174502","title":{"rendered":"What&#8217;s Next For The Stone Mountain Tennis Center Site?"},"content":{"rendered":"\n<p>\ud83c\udfd7\ufe0f <strong>The Gist:<\/strong> Gwinnett County completed the sale of the Stone Mountain Tennis Center site to Fuqua Acquisitions II, LLC for $5.6 million, marking the beginning of a significant redevelopment effort in the county&#8217;s southern corridor.<\/p>\n\n\n\n<p>\ud83d\udcca <strong>The Details:<\/strong> The Gwinnett County Board of Commissioners has finalized the sale of the 26-acre Stone Mountain Tennis Center site to Fuqua Acquisitions II LLC, setting the stage for a transformative redevelopment project. <\/p>\n\n\n\n<p>This move comes after the county acquired the property in 2016, aiming to revitalize the underutilized land and stimulate growth in a key entry point to Gwinnett County. Fuqua Acquisitions II LLC is promising a regional mixed-use development that includes wholesale retail, dining, and affordable housing, alongside job creation and community enhancements.<\/p>\n\n\n\n<p>\ud83d\udd22 <strong>By The Numbers:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>$5.6 million<\/strong> sale price for the 26-acre site.<\/li>\n\n\n\n<li><strong>$158.8 million<\/strong> investment by Fuqua and its partners in the redevelopment.<\/li>\n\n\n\n<li><strong>520<\/strong> permanent retail and dining jobs expected.<\/li>\n\n\n\n<li><strong>400<\/strong> construction jobs anticipated during the redevelopment process.<\/li>\n\n\n\n<li><strong>50<\/strong> units of affordable housing planned within the mixed-use development.<\/li>\n<\/ul>\n\n\n\n<p>\ud83c\udf10 <strong>The Big Picture:<\/strong> This project is poised to act as a catalyst for further redevelopment activities in the area, leveraging Gwinnett County&#8217;s strategic acquisition of the site. The envisioned mixed-use development aligns with broader trends towards revitalizing and repurposing urban spaces to meet contemporary needs for housing, employment, and recreation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83c\udfd7\ufe0f The Gist: Gwinnett County completed the sale of the Stone Mountain Tennis Center site to Fuqua Acquisitions II, LLC for $5.6 million, marking the beginning of a significant redevelopment effort in the county&#8217;s southern corridor. \ud83d\udcca The Details: The Gwinnett County Board of Commissioners has finalized the sale of the 26-acre Stone Mountain Tennis [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":174503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"footnotes":""},"categories":[5790],"tags":[],"class_list":["post-174502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","entry"],"_links":{"self":[{"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/posts\/174502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=174502"}],"version-history":[{"count":0,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/posts\/174502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=\/wp\/v2\/posts\/174503"}],"wp:attachment":[{"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegeorgiasun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}