Gwinnett Place Mall Has Been SOLD For $23 Million

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Gwinnett Place Mall Sold To County For $23 Million

Gwinnett Place Mall, once the county's commercial center, slowly emptied and died over the last 20 years. On Tuesday, the county bought it.

Built in 1984, Gwinnett Place Mall was for many years the county's commercial center. ( Billy F. Blume Jr./Shutterstock)

GWINNETT COUNTY, GA — Gwinnett County commissioners voted Tuesday to purchase Gwinnett Place Mall in Duluth for $23 million.

The deal, which does not include space owned by anchor tenant like Macy's and Mega Mart, will close in 90 days, according to The Atlanta Journal-Constitution.

"I am very excited about this purchase and sale agreement, the first step towards closing on this property," outgoing Commissioner Jace Brooks said to The Gwinnett Daily Post. "Obviously the Gwinnett Place area is like the county's central business district, and this has sort of been like a glaring hole."

Gwinnett Place, developed in 1984 by Simon Properties, was for many years the county's commercial center and the leading mall in the region. When Mall of Georgia in Buford and Sugarloaf Mills in Lawrenceville opened, though, Gwinnett Place slowly emptied and died.

In 2013, Simon sold Gwinnett Place to Moonbeam Capital, which promised improvements but instead let the mall continue to decline. Gwinnett Place is now mostly closed off, yet it's remained in the public eye: It served as StarCourt Mall in the third season of the Netflix series Stranger Things.

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Source: https://patch.com/georgia/loganville/gwinnett-place-mall-sold-county-23-million?utm_term=article-slot-1&utm_source=newsletter-daily&utm_medium=email&utm_campaign=newsletter

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