FORSYTH COUNTY, Ga. — A Super Walmart has cleared another hurdle as the sale on the land in south Forsyth County went through last week.
CBRE Inc. announced the sale of a 24-acre commercial site to Walmart.
The property on 2395 Peachtree Parkway at Mathis Airport Parkway, in the heart of a growing area and near Johns Creek, will be home to a 177,000-square-foot Walmart with 721 parking spaces. The superstore is expected to open sometime in 2014.
Scott McGregor, executive vice president, CBRE Land Services Group, oversaw the marketing and permitting process.
The opening of this Super Walmart is expected to bring 250 jobs to the area, McGregor said in a news release.
This will mark the third location in Forsyth County. Other stores are located on Market Place Boulevard in Cumming and Atlanta Highway in Alpharetta.
The new store will be located near a Target, Home Depot and other retailers along Peachtree Parkway and Brookwood Road.
The property had to clear a number of hurdles before it could be sold.
In December, the superstore was issued a site development permit, but that was challenged by Smart Growth Forsyth and Laurel Springs Homeowners Association. The objections were dropped in May, when all parties came to an agreement.
Smart Growth argued the county improperly issued the permit as the proposed development did not satisfy parking lot requirements for development in the Peachtree Parkway Overlay District. Laurel Springs Homeowners Association joined the Smart Growth appeal.
As part of these discussions, Walmart agreed to remove 41 parking spaces from proposed development and replace those spaces with additional green space.
Walmart also agreed to withdraw a pending land disturbance permit application for an alternative site at Peachtree Parkway and Bagley Road.
“We had to overcome numerous hurdles to get this deal to closing from zoning, Department of Transportation approvals, appeals of permits, but ultimately Walmart got the best site in the submarket that will create hundreds of new jobs,” McGregor said.
The ownership group still owns three outparcels, which are planned for retail and restaurants at the new signalized entrance on Peachtree Parkway.