real estate and investment forum 2016

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Page 1: Real Estate and Investment Forum 2016
Page 2: Real Estate and Investment Forum 2016

 

 

 

 

 

Community Summary: Spalding County lies on the southern fringes of the Atlanta metropolitan region but is influenced by the region, exchanging residents commuting to employment opportunities, accepting workers traveling from other counties, and sending and receiving goods. Key neighbors include Henry and Clayton counties to the north accessed by US 19/41, Fayette and Coweta counties to the west via SR 92 and SR 16, and Pike and Lamar counties to the south connected by US 19/41. Spalding County lies on the corridor between Atlanta and Macon along I-75. Griffin is approximately 40 miles south of Atlanta and 55 miles north of Macon, signifying a strategic location in north Georgia about 10 miles off I-75 via SR 16. Bolstering Spalding County’s potential for freight activity is its location 20 miles south of Atlanta’s Hartsfield International Airport and access to I-75 which runs along the far eastern section of the county.

Beyond its commuting and freight roles, other factors impacting transportation in Spalding County include colleges and airports. The study area and points of interest in Spalding County and the City Griffin are shown in Figure 2. Griffin is home to both Southern Crescent Technical College and the University of Georgia Griffin Campus. Griffin-Spalding County has an existing airport and is in the process of developing a new one. Other points of interest include the Spalding Regional Hospital and the Atlanta Motor Speedway, which is located two miles to the north in Henry County.

 

 

 

 

 

 

 

 

 

 

 

Page 3: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Properties:  

Page 4: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

1403 North Expressway 

Located in Griffin Crossroads Shopping Center 

2.02 acres 

 

Page 5: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Griffin‐Spalding Regional Airport (existing) 

180 acres available adjacent to city owned golf course 

Access to SR155 

Airport operations to move in the next 6‐8 years 

 

Page 6: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Dundee Mill #2 (High Falls Rd) 

250,000SF 

Acreage: 26 acres 

Eligible to be listed on Historic Registry (tax credit project) 

Traffic count: High Falls Rd – 3000 vehicles/day 

 

 

 

 

 

Page 7: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following: 

Manufacturing 

Wholesale & Warehousing 

Training facility 

Mixed‐use 

Lodge/Club 

Nursing home 

Intermediate health care 

 

Page 8: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

220 East Solomon Street 

44,000SF 

Acreage: 0.86 acres 

Zoned – Central Business District 

New roof installed 2014 

Parking lot on parcel 

 

 

 

 

Page 9: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following: 

Office 

Hotel 

Grocery 

Studio 

Clinic/medical 

Private/Public Club or Lodge 

Financial institution 

Retail 

Multi‐family, senior housing (special use 

permit) 

 

Page 10: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Former Griffin Daily News Site 

• Located within Mixed‐Use/TOD Overlay District ‐ Village Tier • Vertical mixed‐use • Potential height density bonus of five floors or 70’ • Property adjacent to proposed Historic Park • Acreage ‐1.5 acres (five parcels)  

 

 

 

Page 11: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following:  • Restaurant • Financial Institution • Hotel • Clinic/Medical • Office • Private/Public Club or Lodge • Grocery Store 

• Retail • Studio • Parking Facility • Live ‐ Work ‐ Play ‐ Apartments over Retail • Multi‐family, Senior Housing (special use permit

 

Page 12: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Griffin Hotel: 128 W. Solomon Street 

Potential 44‐room hotel/bed & breakfast 

Zoned – Central Business District 

Facility has been gutted and framed 

Three (3) retail space on street level 

Parking lot on parcel 

 

 

 

 

Page 13: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following: 

Office 

Hotel 

Grocery 

Studio 

Clinic/medical 

Private/Public Club or Lodge 

Financial institution 

Retail  

Page 14: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Griffin Medical Commons 

Sixteen (16) commercial lots adjacent to Wellstar Hospital 

Located in Medical Overlay District (MOD) 

Approximately 15 acres 

Page 15: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Griffin Loft Mills: 502 W. Broadway Street 

Proposed #260 loft apartments (one and two bedrooms) 

Listed on the National Registry of Historic Places and will qualify for tax credits 

Zoned: Planned Residential Development 

Located with Downtown Development Authority district and eligible for bond financing 

New Market Tax Credit project 

 

 

 

 

Page 16: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following: 

Recreational facility 

Bed & Breakfast 

Neighborhood retail 

Live/Work/Play efficiency or loft apartments over retail 

Special Use: Office Professional 

 

Page 17: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

Zoned: Central Business District (CBD)  Approved uses include but not limited to the following: 

Restaurants 

Financial Institutions 

Hotel 

Clinics/Medical 

Office 

Private/Public Club or Lodge 

Grocery Store 

Retail businesses 

Studio 

Live/Work/Plan Efficiency Apartments over Ground Floor Retail 

Parking facility 

Multi‐family, Senior Housing (special use permit) 

 

Page 18: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

  

Haisten’s Hospital Building        Price: $10,000 

522 Meriwether Street 

Griffin, GA  30224 

Constructed in 1910 

Size: 7500SF 

 

 

 

Page 19: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agreement and all work done to the property must abide by the Secretary of the Interior's 

Standards for Rehabilitation 

All interested buyers must provide a viable rehabilitation/development plan. 

Zoning: PCD (Planned Commercial Development) 

Page 20: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

• Originally constructed 1928 and was called “Griffin’s Skyscraper” 

• Constructed of steel and concrete 

• Frequently advertised as the only fireproof building between Atlanta and Macon. 

• Building described as 35’x90’ and five (5) stories high 

• Located at one of the busiest intersections in Spalding County – SR16 and SR155 (ADT) 

• Zoned: Central Business District (CBD)  

 

 

Page 21: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Approved uses include but not limited to the following: 

Restaurants 

Financial Institutions 

Hotel 

Clinics/Medical 

Office 

Private/Public Club or Lodge 

Grocery Store 

Retail businesses 

Studio 

Live/Work/Plan Efficiency Apartments over Ground Floor Retail 

Parking facility 

Multi‐family, Senior Housing (special use permit) 

 

Page 22: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

Lexington Square 

‐ 49 Developed Lots ‐ Zoned PRD ‐ City of Griffin ‐ 6,000 SF Lot Size ‐ 60' Lot Width 

Page 23: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lincoln Road property 

Nearly 5 acres adjacent to local school 

Owned by City of Griffin, Griffin Housing Authority, or Griffin‐Spalding School System 

 

 

 

 

 

 

Page 24: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Williamson Road 

35 acres 

All utilities available on site 

Frontage on Williamson Road (commercial) 

Page 25: Real Estate and Investment Forum 2016

 

 

 

 

 

 

 

 

 

The Village (Baptist Church Road @Jordan Hill Road) 

114,000 SF Retail 

297,000 SF Office / Medical 

13.4 Acre Assisted Living Site 

7.1 Acre Self Storage Site 

53 Acres of Open Space  

 

 

 

Page 26: Real Estate and Investment Forum 2016

 

 

     

 

Additional Notes:                    

Page 27: Real Estate and Investment Forum 2016

 

 

   Additional Notes:                     

Page 28: Real Estate and Investment Forum 2016

 

 

    Development Contacts:  Toussaint Kirk Planning & Development Director City of Griffin [email protected] 678.796.5795   Chad Jacobs Community Development Director Spalding County [email protected] 770.467.4254  

Robert Dull CEO Housing Authority of Griffin [email protected] 770.227.7657   Kenwin Hayes Economic Development Director City of Griffin [email protected] 770.233.2901