Dunwoody officials will soon be making big decisions about Project Renaissance, the Georgetown redevelopment plan.
Dunwoody issued an invitation for proposals from developers for the public-private development planned on 35 acres of land on North Shallowford Road. Bids were due April 20, and a selection committee is expected to finish reviewing the proposals by April 24, said Dunwoody spokesman Bob Mullen.
If the early reviews of the bids are not promising, the Dunwoody City Council has the option at its meeting tonight, April 23, to terminate the contract to buy 19 acres that were to be included in the development.
The contract for the purchase of the 19 acre former Emory Dunwoody hospital site gave the city an inspection period. The city must decide tonight if it wants to end the contract, otherwise the $100,000 in earnest money the city has already deposited becomes non-refundable and goes toward the purchase of the land.
The council is also expected to appoint an Urban Redevelopment Agency to guide the project.
Project Renaissance, announced in March, aims to mix green space, homes, shops and possibly a municipal complex on North Shallowford Road to revamp the city’s Georgetown area.