The site where the controversial mixed-use Roswell East project was once proposed is back on the market.
The Pinnacle Companies, of Montclair, N.J., is currently shopping the 106 acre Kings Bridge apartment complex and adjacent land just east of Ga. 400 to developers who might set their sites on building out the site, which is pitched to be "perfect for a large mixed-use project." The site is listed with Jones Lang LaSalle and the price is not disclosed, but according to the Real Estate Alert Newsletter it may potentially attract bids of about $25 million.
Past attempts at developing the property have gone nowhere.
In 2007, former site owner, Charlie R. Brown, of CRB Realty, proposed a vast mixed-use project, similar to what he developed at Atlantic Station, for the property. But political opposition and a declining real estate market ended the effort.