Dunwoody Real Estate; City Makes Purchase; Redistricting

Have you noticed a few new real estate yard signs popping up lately (including one of mine on Mt. Vernon Rd)?   It's that time of year where hope springs eternal.  The good news is that we have seen an uptick in the market as far as activity is concerned.  There are currently 24 homes in Dunwoody in the 30338 zip code that are currently under contract to be sold.  However, pricing remains flat, at best, or still in a slight decline. 
There are currently 144 active listings in Dunwoody in 30338.  To view any of these listings, with photos, click on the first link below.  The view the listings by price only, in descending order, click the second link.

Listing Report

CMA Line Report

City Purchases PVC Farm



The PVC Purchase (click photo to enlarge)

Some exciting news from the City of Dunwoody.  With the price of land as low as it's been in nearly a decade, and with the possibility that we will not see an opportunity like this again in our lifetime, the city has purchased the land between Chamblee Dunwoody Rd and Shallowford Rd, affectionately known as the PVC Farm.  I commend the city on this purchase.  It accomplishes two goals:  1) creating more greenspace within the city.  2) prevent more high-density housing from being built within the boundaries of the city.  The official release is below.

Dunwoody – February 24, 2011 – The City of Dunwoody has concluded negotiations with Wells Fargo Bank and will acquire a 16.18 acre property located at 4000 Dunwoody Park. The City intends to close on the property towards the end of April for a final sales price of $5,000,000. The property has been one of the focal points of the City’s on-going master planning effort for the Georgetown / North Shallowford area.

The property is bounded on the west by Chamblee Dunwoody Road and on the east by North Shallowford Road, a few blocks south of the intersection of the two roads. The property is zoned for a high-density, multi-family development and previous owners planned the development for 280 multi-family residential units.
Through the Georgetown / North Shallowford area master planning effort, and the previous Comprehensive Land Use Plan, the City received extensive feedback and input from the community indicating this area has an overabundance of apartments and this property could better serve the community as a park and civic or institutional use. The City’s purchase of this land ensures future development of the site will not further strain the local schools and road infrastructure with additional residential units.
The City intends to utilize the majority of the land to create a new neighborhood park. The City’s Comprehensive Land Use Plan, adopted in 2010, notes that the City currently has 3.23 acres of parkland per 1,000 residents. Both the Comprehensive Land Use Plan and on-going Parks and Recreation Master Plan note that the City of Dunwoody suffers from a significant deficit of parks and open space compared to similar jurisdictions as well as when compared to National Recreation and Parks Association guidelines which suggest at least 6.25 – 10.5 acres per 1,000 residents. This purchase will start to close this gap and provide the Georgetown / North Shallowford area with a catalytic redevelopment opportunity and a signature park.

Mayor Ken Wright is thrilled by the prospect of adding parkland in Dunwoody. “The addition of 16 acres of park land is a watershed moment for Dunwoody and a generational game changer for the Georgetown/North Shallowford community,” said Mayor Wright. “The City Council and I are thrilled to jump start the revitalization of the Georgetown/North Shallowford area of Dunwoody and are relieved that this purchase will head off the inevitable development of the land for more apartments as well as help us move forward in our effort to eliminate our monumental deficit of green space.”

Public Meetings on DeKalb Redistricting

On Tuesday, March 1, 2011 and Thursday, March 3, 2011, DeKalb County School System will host public hearings regarding the Superintendent's Recommendations (February 7, 2011) for the Proposed 2011-12 School Year Redistricting and Consolidation plan. The public hearings will be held both days at 6:30 pm at the Administrative and Instructional Complex Board Room, 1701 Mountain Industrial Boulevard, Stone Mountain, GA 30083.



Ramona Tyson

The goal of the public hearings is to provide a fair and equitable opportunity for citizens representing all regions of the DeKalb County School District to comment on the Superintendent's February 7th recommendations concerning the redistricting and consolidation plan. DeKalb County citizens are encouraged to come out and express their opinion on the Superintendent's recommendation. Each person will have an opportunity to provide their opinion on a public comment form. There will also be opportunities for speaking. There is a PDF document on the DCSS website that outlines the process for the upcoming public hearings on March 1 and March 3. Beginning today, February 21, the team will start receiving calls and conclude taking requests by Friday, February 25 at 3:00 pm. Speakers will be notified by 5:00 pm on Monday, February 28, 2011 via email or phone.
We will place the date, time and location of the Public Hearings on your school's marquee.
For more information on the Superintendent's recommendation, please go to: http://www.dekalb.k12.ga.us/redistricting.