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925-1303 E President St
Savannah, GA 31404

Price Upon Request

Land For Sale  •  19.77 AC

Property Details

  • Property Type Land
  • Lot Size 19.77 AC
  • Zoning D-C Downtown Commercial
0 Transit Score
64 Walk Score

Description

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).
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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.

Highlights

19.77 acres of raw land, ~1800 LF frontage on East President St, directly across from Eastern Wharf development.
Zoned: D-C “Downtown Commercial” (mixed use); multi-family, hotel, retail, …etc
Two existing signalized intersections plus one approved right-in-right-out and a second one pending city approval.
This land is adjacent to the historic district but not subject to this district’s historic, hotel, or parking restrictions.
No onsite water detention is required as water can drain directly into the Bilbo Canal that is currently being expanded.
Contact: Dan Foley, 404-467-9191, foley@skylineassoc.com

Public Transportation

Commuter RailDriveWalkDistance
Savannah (Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak) 10 min - 4.4 mi
AirportDriveWalkDistance
Savannah/Hilton Head International 20 min - 10.7 mi
Hilton Head 60 min - 38.3 mi
Dan Foley 404-467-9191 Skyline Associates
Dan Foley 404-467-9191 Skyline Associates