Developer recommendations for a mixed-use development in GA

October 29, 2024

by a searcher from Indian Institute of Technology, Delhi in Atlanta, GA, USA

A friend of mine owns 84 acres of land in Ellijay, GA and would like to bring his mixed-use zone dream project to life. He is looking to identify a developer who could execute this project for him.

Would anyone be willing to recommend developer(s) within their network?

Proposed Development

15 acres for Yoga Retreat
5 acres Hotel
10 acres Retail and Office Complex
5 acres for Micro-Hospital
20 acres of Retirement condos
- 5 Acres of Assisted Living
20 acres Condos/Apartments

Unfortunately, I am from the tech background and don't have CRE connections. TIA!

Reply by an investor
from The University of Chicago in Chicago, IL, USA

With projected population growth north of Atlanta expected to explode (+ 50% in next 20 years +/-) and given the attractive size of the property, your friend may want to wait for a better CRE market. We are a couple of years away from robust commercial development activity / interest. If carrying costs are manageable and he/she has the staying power - a better deal could be cut later in my view.

Reply by a lender
from University of Miami in New York, NY, USA

Hi! We do not have anyone in the GA area in regard to development but would be happy to discuss financing if your friend and whomever they choose is looking for it!

+3 more replies.

Join the discussion