Negotiations to sell a prized lot at the Gateway Industrial Centre off Ga. 365 are moving swiftly, with the Gainesville and Hall County Development Authority setting the terms of a possible counter-offer at a Wednesday meeting.
Lot 16 is valued because of its access to water, sewer and utility infrastructure. The site is already graded and ready for construction.
“It also has frontage and visibility on 365,” said Tim Evans, vice president of economic development at the Greater Hall Chamber of Commerce.
Off Kubota Way, the 7.5 acres includes a detention pond and strip of land that will remain undeveloped green space.
The Development Authority has offered to sell the lot to North Decatur Associates, a health care service group, for $495,000.
Officials approved a possible counter-offer of $490,000, with 90 days to accept and 30 days to close, if North Decatur Associates is unhappy with the initial proposal.
However, Kubota Manufacturing of America was granted “first right of refusal” on several lots in the Gateway Industrial Centre after it agreed last year to purchase 180 acres for a 500,000-square-foot manufacturing facility at a $5.67 million price tag.
The $100 million project will create an estimated 600 new jobs, according to company officials.
The refusal stipulation allows Kubota to match any offer on several parcels adjacent to its new facility within 10 days if it decides it needs the land for future expansion.
Road extension on hold
In other business, the Development Authority is going back to the drawing board to see what other options and cost-savings might be available to extend a public access road in the Gateway Industrial Centre.
Only one bid for the project was submitted, and Hall County Public Works Director Ken Rearden said it was “significantly over our budget.”
The $3.37 million bid from Simpson Trucking and Grading exceeded the $1.9 million officials had calculated for the project, which Rearden described as unique because it includes a stream crossing.
Rearden said he would meet with officials over the coming weeks to work out a new plan to get the project completed.