By David Pendered
Filmmaker Tyler Perry will purchase 330 acres for a planned studio and Atlanta will retain 144 acres, some of which will be developed and some of which will be converted to greenspace.
Terms were not disclosed as the deal was announced Friday at the McPherson Implementing Local Redevelopment Authority. The deal is expected to close Oct. 15, said Chairman Felker Ward.
“I am pleased that we reached an agreement that will help create long-term job creation, business expansion and community investment in Fort McPherson and its surrounding communities,” Mayor Kasim Reed said.
“I want to say [thank you] to everybody for even the opportunity to have this under consideration,” Perry said.
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