Gwinnett County, CBRE to Redevelop Mall

Gwinnett County, CBRE to Redevelop Mall

Gwinnett County and CBRE are working together to redevelop the decaying Gwinnett Place Mall.

The county bought most of the Gwinnett Place Mall property for $23 million in April 2021. In February 2023, Gwinnett County Board of Commissioners approved a plan to redevelop the mall, voting to partner with CBRE on the project.

Most of the mall — with the exception of the Macy’s, Beauty Master and Mega Mart anchors — will be demolished, and the property will be redeveloped as a mix of new retail, a cultural center, green space and residential uses.

The former Sears anchor is privately owned by a luxury apartment developer who is expected to tear it down and build new housing.

The 20-year plan for the property has called for the property to get between 2,700 and 3,800 residential units, 55,000 square feet of new retail space, 50,000-square-foot of commercial office space, 12 acres of park space and a 50,000-square-foot cultural center.

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 Atlanta Commercial Real Estate News