Monday, March 12, 2007

$800M Mixed-Use to Rise in Savannah

54 acres on the east side of Savannah's historic district will start the transformation to an $800 million dollar mixed-use project that will include 11 mid-rise buildings with 350,000 sf of office and retail space, 850 residential units and two hotels. The project is expected to break ground near the end of the year. Total build out of the project will take around 7 to 10 years. The project is the first major development in the downtown area in over 150 years. The project will also expand the riverfront and riverwalk by about 2,000 feet. The project is being developed by a team led by Ambling Cos. Inc.

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