Norcross Multifamily Redevelopment Site

About Norcross Multifamily Redevelopment Site

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±9.47-acre Norcross Multifamily Redevelopment Site located in Norcross, Gwinnett County, Georgia. Strategically positioned within a federally designated Opportunity Zone, the property provides investors with highly favorable tax incentives and a logical rezoning path to CX (Community Mixed-Use), allowing for multifamily densities up to 35 units per acre. Currently improved with a 51K SF office building and surrounded by strong residential demand, the site benefits from proximity to Technology Park, a 3.8M SF employment hub housing global industry leaders, and exceptional access to major job centers, affluent demographics, great schools, and transformative Gwinnett County-backed developments. With average household incomes in the area surpassing $100K and multifamily rents projected to eclipse $2,000 per unit by 2026, the Norcross Multifamily Redevelopment Site is uniquely positioned to capture strong demand for high-quality multifamily and mixed-use product in one of Atlanta’s fastest-growing submarkets.