CBRE & Gwinnett County Partner to Redevelop Gwinnett Place Mall

Gwinnett County has partnered with CBRE Group, a Dallas-based commercial real estate services firm, to advance the redevelopment of the Gwinnett Place Mall property. County officials announced the partnership, highlighting CBRE's role in refining the redevelopment plans approved by commissioners. The aim is to attract development partners to realize a transformative project for the site.

Potential Catalyst for Surrounding Redevelopment

The redevelopment of the former mall property is seen as a potential catalyst for further redevelopment in the surrounding area, termed "Gwinnett County’s Central Business District" by Gwinnett Place Community Improvement District officials. The mall has been largely closed since the county purchased most of the property in 2020, with only three anchor stores remaining operational.

Redevelopment Plans and Ownership

Gwinnett County owns significant portions of the mall, including interior store spaces, the former food court, and the old Belk anchor space. Plans for redevelopment include the demolition of most of the mall, except for a few anchors, to make way for a mix of new retail, a cultural center, green spaces, and residential units. The former Sears anchor is privately owned and expected to be redeveloped into housing.

Long-Term Vision and Support

Officials anticipate the redevelopment to span approximately 20 years. The Equitable Redevelopment Plan and the Livable Centers Initiative Plan, adopted by commissioners in recent years, outline the vision for the mall property's transformation into a mixed-use "Global Villages" concept. Gwinnett Place CID Executive Director Joe Allen and Commissioner Kirkland Carden express gratitude for the county's commitment to the vision and look forward to collaborating with CBRE.

Redevelopment Goals and Expectations

The LCI redevelopment plan proposes between 2,700 and 3,800 residential units, new retail and commercial office space, park areas, and a cultural center on the property. CBRE officials express enthusiasm for the opportunity to work with the county in realizing a transformative, walkable mixed-use area while preserving cultural diversity.

Commitment to Transformation

Jae Kim, CBRE's Vice President and head of the U.S. East Coast Korea Desk, expresses excitement about contributing to the transformation of Gwinnett County, emphasizing CBRE's commitment to delivering a revitalized, vibrant, and inclusive development for residents.