News - DeKalb County

DeKalb city leaders OK $30M proposal by private developer for Suburban Apartments, Estates

The unincorporated residential development has long been riddled with crime and maintenance issues, but city council action taken at Monday’s meeting could offer a plan to address the concerns.

Chicago-based developer Clear Investment Group LLC has offered $30 million to purchase privately-owned rental communities Suburban Estates and Suburban Apartments on North Annie Glidden and Twombly Roads in unincorporated DeKalb County. The 80-acre site would be annexed into the city of DeKalb under a new proposed governmental agreement with the city, DeKalb County government and Clear Investment, according to city documents released Thursday, Aug, 4, 2022.