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Enterprising Investor

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Friday, 03/02/2018 4:55:40 PM

Friday, March 02, 2018 4:55:40 PM

Post# of 568
Marietta to sell land to Drive Shack for $9.5 million (2/15/18)

By Carolyn Cunningham

Drive Shack will open about a $25 million facility next year, employing 450 people.

The Marietta City Council voted 7-0 Feb. 14 to sell 17 acres at 849 Franklin Gateway to the golf entertainment company for $9.5 million. With this transaction, Marietta City Manager Bill Bruton said more than 2,400 jobs have come to the city’s Franklin Gateway area at I-75.

This location will be Drive Shack’s first in Georgia.

The year-round sports complex will include golf, games, a restaurant and rooftop dining in a three-story building.

https://www.ajc.com/news/local/marietta-sell-land-drive-shack-for-million/e0hlZM5xtqeA2rnA0T4GwK/

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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