925-1303 E President St - 20ac downtown Savannah; M-F, hotel, retail... 19.77 Acres of Commercial Land in Savannah, GA 31404

Contact: Dan Foley, 404-467-9191, foley@skylineassoc.com Additional Highlights: * This property is comprised of three parcels: 20006-04001, 20006-04001A, 20014-04001. * A Development Agreement has been executed with the City of Savannah and will run with the land. * The city plans to extend General McIntosh Blvd south of East President St and grant an access easement to this land. * This land is in the floodplain, but there is no flood mitigation cost required to remove the property from the floodplain. * Land elevations are currently at 0-2 ft and needs to be raised with fill or placed on podium for a FF elevation of 10ft. * A preliminary LDP permit has been issued, initial site work has begun per this permit, and utilities to the site are available. * This land is in a Federal Opportunity Zone as well as the city’s downtown Tax Allocation District (TAD). -------------------- This 19.77 acre site is the largest and most attractively located assemblage of raw land located in the heart of this booming coastal metropolitan area. This site is surrounded by ongoing development that is reshaping the eastern side of this famed city into a new upscale district within walking distance of the riverfront and the historic district. This extremely well positioned property has ~1,800 LF of frontage along the newly improved East President Street corridor. East President Street is the main traffic artery feeding into the downtown historic district, and this district is located on the western boundary of the property. East President Street is also the main traffic artery when heading out of town to the east to access the beaches or Truman Parkway. This parkway is located on the eastern boundary of the property and is Savannah’s southeastern beltway with direct connection to I-95. To the north and directly across East President Street is Regent Partners very successful “Eastern Wharf” $600M high-end 54-acre mixed-use development. The combination of all these qualities makes this land a very attractive mixed-use development opportunity.