There has been a tremendous push from some Elected Officials and community members encouraging Mixed Use Development and eager Landowners to cash in on their land by having it rezoned. What is Mixed-Use?
Concerned Residents in Medlock Bridge requested the JCP publish the following renderings from a local realtor and longtime resident, Dagmar Sand’s facebook page. Her property along with her neighbors is for sale. Combined, it is a large amount of land, abutting Medlock Bridge next to Johns Creek High School.
Mixed-Use is a very lucrative for developers. The profit margin can be 3-5x or more of what a single story commercial property would generate. Also, it is an income-producing asset with the continual revenue stream from rentals and tenants, as opposed to owner-occupied.
With State Bridge Rd set to be widened to 6 lanes from 141- Kimball Bridge Rd from TSPLOST, what do you think of this proposed development?
Image Source: Dagmar Sand’s Facebook page