Atlanta-based Crown Holdings Group is on track to buy the former Gold Kist HQ in Dunwoody. (And you thought it was Col. Mustard.)
After weeks of
speculation, Crown Holdings quietly announced its
intent to purchase the
262k SF building and the surrounding
15-acre site for an undisclosed sum. Officials with the company issued a statement saying it had "been eyeing the site for
over a year." (Too shy to say hello at first, but eventually got the courage to introduce themselves.) Binswanger's
Jim Medbery has been marketing the site for months and will help close the deal by year's end.
The
new mystery is what's next with the property. It looks like Dunwoody Mayor
Mike Davis' (above, with Sandy Springs economic development director's
Andrea Hall) idea of turning the site into a Wimbledon-level tennis arena is likely off the table. (Somewhere in the world, Marat Safin just shed a single tear.) Crown partner
Blair Schlossberg says, "The property has been the corporate HQ of two of Georgia's greatest corporations in the past. We intend to
keep that tradition moving forward." Sources familiar with Crown's plans say—as of now—there is nothing solid. There may be
plans for a hotel, but no flag has been mentioned.
