Euramex purchases Fenner DunlopAn aerial view of the Fenner Dunlop property. Source: Avondaleestates.org
This story has been updated.
Euramex Management has purchased the 13-acre Fenner Dunlop property in Avondale Estates.
The city made the announcement on Tuesday afternoon, Oct. 28.
“Euramex Management Group closed on the purchase of the Fenner Dunlop property in Avondale Estates,” the announcement says. “The property sits on 13 acres, just west of Laredo Drive and north of Parry Street. The City will share additional details as they become available.”
Decaturish in August confirmed that Euramex had the property under contract.
Avondale Estates annexed nine acres of the 13 acre site in 2010. The plan has been to turn it into a mixed-use development. In addition, Euramex also purchased the “Erector Set” property at College Avenue and Maple Street.
The topic of the Euramex property came up during the Oct. 27 City Commission meeting.
Mayor Terry Giager said Euramex will be presenting a new rendering of its plans to the city.
The Fenner Dunlop site was once a mill, which was later decommissioned, and most recently was the site of a conveyor belt plant, which closed in 2009. It has frontage on Laredo Drive, Parry Street and Oak Street.