Suburban Plaza Prime for Redevelopment

For weeks, Decaturites have been talking about the possibility of a Walmart and redevelopment at Suburban Plaza.

Local blogs were buzzing with postings and comments, including Decatur Metro blog, Tomorrow's News Today and What Now Today.

On Saturday, Decatur Metro posted the latest update captured from The Clairmont Heights Civic Association.

The association posted a letter from DeKalb County Commissioner Jeff Rader who says that both he and Commissioner Kathy Gannon have met with Atlanta-based Selig Enterprises, which handles leasing for Suburban Plaza. The meeting's purpose: to discuss Selig's big-box development plans. The current zoning allows for that type of development.

According to the posting, that Selig would like to do an "urban" store with underground parking at the corner of North Decatur Road at Medlock/Scott Boulevard, where currently the thrift store and mattress outlet are located.

As part of the plan, Selig is seeking public financing assistance for underground parking and for redoing the facade of the aging shopping center. 

While it's unclear what is meant by "urban" store, Bill Stogner, vice president of retail leasing for Selig, recently told the blog What Now Atlanta that they do not have a commitment from Walmart or any other tenants.

“We are thoroughly researching the redevelopment of Suburban Plaza but have no commitments at this time,” Stogner said to What Now Atlanta. “We are in the process of reviewing our options.”

As to Walmart, spokesman Glen Wilkins, told bloggers that the retailer was approached.

“Walmart is interested in the area but does not have a contract with Selig," Wilkins told the What Now Atlanta blog.

So while Suburban Plaza remains a diamond in the rough in dire need of a makeover, at least Decaturites know that one thing is clear. The shopping center is prime for redevelopment.

Surveyors seen recently on the property are  just one more indication that plans are progressing.

Selig Enterprises has vast and deep experience with big name retailers, development, leasing and other services. The company handles leasing for the such well known local developments as Vinings Jubilee and has spent years  getting the Midtown Mile going along Peachtree Street, including with CB2, which opened in the past several years.