Gainesville sells land near pedestrian bridge for half what it paid - Gainesville Times

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Gainesville sells land near pedestrian bridge for half what it paid

An artist's portrayal shows retail and apartments planned for the 6.8-acre lot at the end of the pedestrian bridge over Jesse Jewell Parkway. Image courtesy Dynamik Design.

City View Center — An artist's portrayal shows retail and apartments planned for the 6.8-acre lot at the end of the pedestrian bridge over Jesse Jewell Parkway. Image courtesy Dynamik Design.

Gainesville will be selling the land on the midtown end of the Jesse Jewell Parkway to an Atlanta developer for $5 million, half the price the city paid for the 6.8 acres last year. On Tuesday, the Gainesville City Council voted to resell the land to Terwilliger Pappas, which has plans to build restaurants, retail and apartments on the site.