An investment group that recently purchased an 80-acre property fronting the Chattahoochee River in Gwinnett County wants to create “destination living” on the site.
East Jones Bridge LLC announced this week it had purchased for $9.8 million the property on East Jones Bridge Road in Peachtree Corners. The site most recently served as the campus for financial services Fiserv, which moved to Alpharetta in 2015.
In a news release, Ty White called the property purchased by him and the three other partners of East Jones Bridge, LLC, “a true gem.”
“We are in the early stages of planning,” White said, “but foresee a potential mix of residential, office, wellness, hospitality and lifestyle facilities that will work in harmony with the natural beauty of the property.”
White is the founder and CEO of Peachland Homes, a Dunwoody-based company that bills itself as crafting “a new standard of luxury homes in Atlanta.” The other three investment partners in the Peachtree Corners property are Robert Miller, Doyle Rabren and Shumard Family Investment.
The former Fiserv property currently holds five buildings, including a 500-foot-long building originally designed nearly 40 years ago. White said that building will likely be repurposed.
The site is about a mile north of downtown Peachtree Corners and The Forum shopping center.
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