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City Springs gets a developer—but the land deal is still ahead

Sandy Springs selected a Trammell Crow-led team for roughly 5.5 acres. A hotel, shops and homes are goals; rezoning and financial terms remain unfinished.

A crowd gathers on the lawn at City Green, with City Springs buildings and an outdoor stage behind them.
Source: City Green | City Springs

City Springs’ next phase has a master developer: Trammell Crow Company, working through its High Street Residential subsidiary. Sandy Springs, Georgia, says City Council has approved a resolution allowing the roughly 5.5-acre downtown redevelopment to advance.⁠[1]

Our earlier report described proposed negotiating authority, not a completed deal. The city’s Oct. 20 announcement now reports council approval—but still identifies rezoning and negotiations for an eventual property sale as steps ahead. It is not an announcement of a closed sale or an approved final development plan.⁠[1][2]

The city wants the expansion to bring a boutique hotel, additional local restaurants and retailers, single-family and multifamily homes, and more green space and public gathering areas. The land is city-owned and adjacent to the existing City Springs development.⁠[1][3]

Third and Urban LLC, DSM Real Estate Partners and Hedgewood Homes will support the development team. High Street Residential is also developing Hillcrest, a separate 8.1-acre mixed-use project at Mount Vernon Highway and Sandy Springs Circle, across the street from the expansion site, according to the city.⁠[1]

One concept in the council packet shows what part of the housing could look like: a July 31 Hedgewood plan for Parcel C lays out 28 single-family homes on about two acres. That remains a concept—not an approved subdivision. The city says additional design, financial and contractual details will be developed as the project progresses.⁠[1][3]

The financial bargain matters because an earlier attempt did not produce an executable agreement. The council packet recounts that challenging market conditions made a mutually acceptable deal infeasible, and that the city manager terminated the earlier letter of intent in February 2025. For this attempt, staff promised a comprehensive financial-impact review after contract negotiations are complete.⁠[3]

The street layout could change, too. The pre-vote staff report says council agreed to consider closing the Bluestone Road connector if needed to improve the project. That was a possibility, not a completed road closure; the city’s announcement leaves the project’s detailed design and agreements ahead.⁠[1][3]

Sources

3 official sources cited in this report. The bracketed numbers in the text link here.

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