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RDC approves assignment of city option to Allen Commercial Group, commission to receive $500,000
2554107 · March 11, 2025
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Summary
The commission authorized staff to complete a contract assigning the city's option on a Conyers-owned property to Allen Commercial Group for $5.5 million, with the city’s obligation at $5 million and the commission receiving $500,000 from the transaction.
The Greenwood Redevelopment Commission approved a contract assignment that would transfer the city’s option on a property owned by Conyers to Allen Commercial Group.
Staff described the deal as an assignment for $5.5…
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