That last remaining slice of Mills Park that remains to be developed, is for sale right now.
The original developers of Mills Park, Forge Capital Partners and DeBartolo Development, kept ownership of the 2.5-acre lot when they sold the rest of the property in 2013. They listed the dirt lot for sale in February, 2017 via BishopBeale. Click HERE to see the listing.
The lot is already entitled for 177,350 SF of hotel or office space with a building height allowance of 77-90 feet. Structured parking is a requirement.
Currently, the lot is being used for parking.
The exact sales price of the property is not listed.
Asking 5.4 million
Any idea of what that property might go for?
Wasn’t the original plan to turn that into a park? I was really hoping that was going to be the case :(.
Hmmm, not likely. It fronts Mills so it’s fairly valuable real estate.