Gwinnett County’s Urban Redevelopment Agency has purchased the former 11.5-acre Sears property at Gwinnett Place Mall. The purchase is part of the county’s broader effort to assemble vacant parcels at Gwinnett Place Mall for redevelopment.
Highlights
- Gwinnett County acquired the former Sears site for $11.5 million.
- The site will include the Gwinnett Place Transit Center.
- The project will follow priorities outlined in the county’s 2045 Unified Plan, shaped by two major community studies.
Strategic Acquisition of the Former Sears Site
The purchase of the former Sears site is expected to close by the end of October. The Urban Redevelopment Agency, along with the County, after the acquisition, will own a combined land that will span 87.5 acres of the Gwinnett Place Mall site.
“We’re building incredible momentum toward transforming this site into a hub for catalytic change and opportunity for our residents, entrepreneurs, and businesses,” said Gwinnett County Chairwoman Nicole Love Hendrickson. “I’m proud of the purposeful progress we’re making and look forward to what’s ahead,” she added.
Once envisioned as a regional shopping destination, Gwinnett Place Mall has seen most of its storefronts sit vacant for nearly two decades. Only last year, Gwinnett County partnered with global real estate company CBRE to help advance its redevelopment plans…