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Tyler Perry, T.D. Jakes To Buy 132 Acres At Fort McPherson

The Fort Mac Local Redevelopment Authority board Thursday voted unanimously to accept a proposal from Tyler Perry and Tyler Perry Studios.
The Fort Mac Local Redevelopment Authority board Thursday voted unanimously to accept a proposal from Tyler Perry and Tyler Perry Studios.
Credit BYRON E. SMALL / Courtesy of Atlanta Business Chronicle
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Atlanta film mogul Tyler Perry and religious leader, author and filmmaker T.D. Jakes have reached a deal to buy a total of 132 acres at the former Fort McPherson.

The Fort Mac Local Redevelopment Authority board Thursday voted unanimously to accept a proposal from Tyler Perry and Tyler Perry Studios to purchase another 37.5 acres of the existing Fort McPherson property, according to an announcement.

The board also approved the sale of 94.5 acres for future development to the T.D. Jakes Real Estate Ventures group. The Fort McPherson LRA in March said it had begun negotiations with Jakes.

Read the full article at Atlanta Business Chronicle>>