Report: Costco Confirmed For North DeKalb Mall Redevelopment

Decaturish dropped this bombshell this weekend…

Kathy Zickert, an attorney for Sterling Organization which owns the mall, confirmed in an interview to Decaturish that Costco is coming to the mall and could open in 2020 at the earliest. But that’s not all. The redevelopment would be mixed use and include 450 multifamily units – apartments and possibly town homes – and a 152 key hotel. There would be restaurant and retail space. She said at least two existing tenants – the AMC movie theater and the Burlington Coat Factory – will continue their leases at the space during the redevelopment.

“It’ll be Costco, retail, restaurants, office, multi-family, town homes,” she said. “We’ll have everything.”

Costco and Trader Joe’s have long been the vocal Decatur shoppers’ holy grail.

How Can the Methodist Children’s Home Property Best Serve the People of Decatur?

The kick-off Visioning meeting for the Methodist Children’s Home property will take place on Sunday, February 11th.

But that’s just the beginning.  There are a lot of ideas to work through for this unique 77 acre property – as the video above showcases – so the city has extensive plans to collect and work through all of those options.

Learn about all the upcoming workshops and “Civic Dinners” over in a new post on DecaturNext.com!

Decatur Awarded Low Interest Loan To Acquire United Methodist Children’s Home Land

The City of Decatur sent along this press release from the Georgia Environmental Finance Authority…

The City of Decatur Public Facilities Authority was awarded an $11,452,000 Clean Water State Revolving Fund (CWSRF) loan by the Georgia Environmental Finance Authority (GEFA) executive committee.

The loan will finance the acquisition of 22.08 acres of land as part of the United Methodist Children’s Home land purchase of 77 total acres. This project will permanently protect the land for the purpose of conservation and public recreation.

The city will pay 1.70 percent interest on the 30-year loan. The loan will finance an eligible conservation project, which qualifies for a reduced interest rate.

Free-For-All Friday 4/21/17

Feel free to use this post to make comments and ask questions about local issues not yet discussed here over the past week.