Could a Georgia Supreme Court decision this week finally ring the death knell for a decrepit shopping center west of Buckhead in northwest Atlanta — and pave the way for its rebirth? Residents in the area who have planned — even prayed — for the razing of Moores Mill Shopping Center certainly hope so. BuckheadView reports the high court on Monday dismissed a lawsuit that challenged bonds issued through the Perry-Bolton Tax Allocation District to finance development in the quadrant of Atlanta anchored by the deceased shopping center. What's that mean? The court decision could clear the way for redevelopment that's been pitched on the west end of Moores Mill Road for eons.
As the blog reports, the EDENS company of South Carolina has long owned the center but has been hamstrung in its redevelopment plans by the pending lawsuit. Longtime tenant CVS Pharmacy closed a location at the center in 2008, followed by Family Dollar last year. EDENS hopes to demolish the center to make way for what was previously announced as a new shopping center, anchored by Publix, according to Tomorrow's News Today. Initially, that project was supposed to break ground in 2010.
[Moores Mill Shopping Center (above, right). Photo: ToNeTo]
· Court frees TAD for Moores Mill Shopping Ctr. redo [BuckheadView]
· Family Dollar Vacates Moores Mill Village...Demolition to Follow? [Tommorow's News Today]