Suwanee Historic District Development Moves Ahead

Pierce's Corner on Main Street in Suwanee, Ga. (Credit: Steve Burns.)

Pierce’s Corner on Main Street in Suwanee, Ga. (Credit: Steve Burns.)

Construction could begin later in 2014 on the historic Pierce’s Corner building in Old Town Suwanee, now that the final legal hurdle has been passed.

Norcross attorneys Michael Deming Jr. and Michael Deming Sr. lead a development group that has a lease-purchase deal for the century-old building. They gave the Suwanee Downtown Development Authority a briefing Tuesday morning (Feb. 18).

It was the ownership group’s first City Hall meeting since federal officials announced late in 2013 that a 67-acre portion of Old Town Suwanee would be included in the National Register of Historic Places.

That announcement opened the way for federal tax credits to be used for Pierce’s Corner and other development in the new district. The ownership group had deemed the credits essential to completing the Pierce’s Corner deal.

Deming Jr. said Tuesday that plans still call for a restaurant to be on the ground floor, with a so-called business incubator to be housed on the second floor.

Talks on financing and construction have begun, but are preliminary, Deming Jr. said. Also, it’s too early to make a definite announcement on a restaurant tenant.

The historic district development comes at a time when other significiant properties are for sale in the new historic district. The Rhodes House on Russell Street is listed, as is the Main Street building that used to house the Creative Clayhouse.

In late 2011, officials gathered in Old Town Suwanee to announce the Pierce's Corner deal. (Credit: Steve Burns.)

In late 2011, officials gathered in Old Town Suwanee to announce the Pierce’s Corner deal. (Credit: Steve Burns.)


About Steve Burns

I live in the Atlanta area. I also lived for many years in Southern California. I'm into mainstream media, social media, sports, business and politics. I worked for AOL's Patch, but this is my personal blog. I'm on Twitter (@bsteve76), Facebook, LinkedIn, Instagram and Pinterest. See ya 'round!
This entry was posted in business, Georgia, gwinnett county, media and tagged , , , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s