A real estate developer has new plans for a 19.4-acre development in the Perimeter Mall area that was once expected to house condominiums.
Grubb Properties recently announced plans to formally submit an application to rezone the Park at Perimeter East project to allow for a 90,000-square-foot nursing home and 360 multi-family housing units geared towards first-time renters and professionals, according to a press release.
The project would surround a two-acre park and a multi-use trail that would connect the site to the Georgetown neighborhood and to Perimeter Mall. Grubb also plans 13,000 square feet of outdoor dining and retail space, along with 250 age-restricted multi-family units.
The Dunwoody City Council previously approved a rezoning for the Park at Perimeter East Project in 2018, rezoning 41, 47, and 53 Perimeter Center East to build a different mixed-use development that included 900 condominiums, commercial space and a pocket park. Before the council approved that rezoning, original plans for the project included 1,200 apartments and condos, but opposition against new apartments from the Dunwoody Homeowners Association and the council forced Grubb to just include for-sale condos.
According to the press release, the impact of COVID-19 and “shifting market needs” caused Grubb to reevaluate project plans. At the end of 2019, Grubb representatives cited financing issues as one of the project’s major challenges.
“Grubb is committed to creating a project that serves as a catalyst for transformative change in the community,” said Paul O’Shaughnessy, senior vice president of development at Grubb, in the press release. “Our hope for Park at Perimeter Center East is to create an active neighborhood that is complementary to Central Perimeter’s dynamic economic growth.”
Dunwoody spokesperson Jennifer Boettcher said that the city could not comment on any specifics of the project, but welcomed the opportunity to review the application.
According to the press release, Grubb plans to submit its rezoning application in mid-July.