The Gwinnett County Board of Commissioners on Tuesday agreed to sell 38 acres on Indian Trail-Lilburn Road -- which the city wants to sell to a private developer of a large sports complex -- to Lilburn's Downtown Development Authority for $1.31 million, the Atlanta Journal Constitution reported.
That means the sports complex could open by June of next year, Lilburn Mayor Johnny Crist said, according to the report, adding that the project will be “an economic engine that sits at the very heart of our community.”
The property, formerly a water treatment plant, was appraised at $1.31 million. Removing the plant and doing environmental cleanup will cost an estimate $690,000. After the improvements, the appraisers said the land would be worth $2 million, the report said.
Lilburn recently , a sports complex operator that is looking for private investors to develop the property. City council in January approved expanding the Downtown Development Authorities boundaries so that it could buy the property.