Brookhaven approves $150 million North Druid Hills redevelopment anchored by Nalley BMW [CBS News]
Asbury Automotive Group Inc (ABG)
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Source: CBS News
City officials say the plan will replace a vacant hotel and several outdated office buildings with a master-planned campus anchored by a luxury Nalley BMW dealership. The development will also include space for a future upscale hotel, along with pedestrian-friendly design and greenspace. Leaders say the project is part of a broader push to modernize the corridor and boost long-term economic growth. "This is exactly the kind of thoughtful redevelopment our community has envisioned," Brookhaven Mayor John Park said, calling the plan a way to generate jobs and strengthen the city's tax base. The project is a public-private partnership between the city, the Brookhaven Development Authority and Nalley Automotive, part of Asbury Automotive Group. As part of the agreement, developers will invest at least $150 million into the site and fund additional infrastructure improvements. That includes an $8 million investment tied to the Peachtree Creek Greenway, supporting trail expansion a
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ABG
News
- Asbury Automotive Group (ABG) had its price target lowered by Citigroup Inc. from $260.00 to $212.00. They now have a "neutral" rating on the stock.MarketBeat
- Asbury Automotive Group (ABG) had its price target lowered by Stephens from $277.00 to $254.00. They now have an "overweight" rating on the stock.MarketBeat
- Asbury Automotive Group Unveils New Sandy Springs Dealership Support Center with Grand Opening Ribbon Cutting Ceremony [Yahoo! Finance]Yahoo! Finance
- Asbury Automotive Group Unveils New Sandy Springs Dealership Support Center with Grand Opening Ribbon Cutting CeremonyBusiness Wire
- Asbury Automotive Group (ABG) had its price target raised by Barclays PLC from $230.00 to $235.00. They now have an "equal weight" rating on the stock.MarketBeat
ABG
Earnings
- 2/5/26 - Miss
ABG
Sec Filings
- 4/3/26 - Form 4/A
- 3/26/26 - Form SCHEDULE
- 3/24/26 - Form DEF
- ABG's page on the SEC website