Bleakly Advisory Group has been hard at work in assisting the City of Avondale Estates, GA reach the goal of creating a centerpiece for its downtown.
Local news outlet, Decaturish, highlighted Bleakly’s work in a report of a recent work session in which the Avondale Estates City Commission discussed a memorandum of understanding with Fabric Developers. Avondale and Fabric are negotiating a final development agreement for the creation of an approximately four-acre park and adjacent mixed-use development.
Bleakly Advisory Group is representing the City of Avondale Estates during negotiations with Fabric.
The article quotes Bleakly Vice President Jonathan Gelber who described the current state of the process, “To put it in real casual terms, what we’ve been doing up to this point is dating and flirting. Once this document gets signed it’s like an engagement, and we say we both agree we want the same things in life and we’re going to move forward. It is at the point of a development agreement which ideally would be roughly six months from now, then that’s a marriage,” Gelber said.
“The memorandum of understanding will act as a nonbinding document between the city, the Urban Redevelopment Agency, the Downtown Development Authority and Fabric Developers prior to an approved development agreement. It includes the Town Green design, development and construction process,” the Decaturish article reports.
To read the full article click here: https://decaturish.com/2019/10/avondale-estates-city-commission-discusses-agreement-with-fabric-developers/