Parkland Communities Inc., a privately-owned, multifaceted real estate development and investment firm in Atlanta, announces that Land Development Permits are in hand for 389 lots in the City of Stonecrest located on Hayden Quarry Road at Turner Hill Road.
Located along the I-20 growth corridor in DeKalb County, the community includes both build-to-rent townhomes and single-family homes for sale. Crestwind Township will feature 260 build-to-rent townhomes; this is one of the largest build-to-rent projects in Georgia. Crestview Pointe will offer 129 homes constructed as single-family for-sale homes with two-car garages.
“This 389-home development offers the perfect reverse commute for any of the 7,500 employees at the new $5 billion Rivian plant, just 25 minutes away,” Parkland Communities President Jim Jacobi said. “We anticipate a huge response to this community as it offers both homebuyers and renters a variety of options and amenities in a thriving area where they want to live.”
Planned community amenities include abundant green space, nature trails, sidewalk-lined streets, a clubhouse, swimming pool, playfield and tot lot.
Creatively master-planned by Alliance Engineering and Planning, the community is located near Stonecrest Mall and New Black Wall Street. Easy access to I-20 is perfect for commuters, and a future MARTA Park and Ride will be directly across the street, connecting directly to the New Black Wall Street and The Mall at Stonecrest.
The Mall at Stonecrest is undergoing redevelopment to include a sports and entertainment complex, cosmetics superstore, new boutique stores and more. An aquarium called SeaQuest at Stonecrest is now open, and Privi, an entertainment concept, opens this fall.
New Black Wall Street is a former Target repurposed as a destination for family fun, entertainment, shopping and fine dining. Shoppers feel like they are outside, yet they are shopping inside. This development showcases more than 100 minority and women-owned businesses.
Parkland Communities focuses on the underserved missing middle market. The concept of the missing middle is defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence but is a duplex, quad, eightplex or more. Missing middle housing is a key to providing affordable homes in many areas.
Homebuilders looking for lots and landowners who want to sell should contact Jim Jacobi at Parkland Communities to explore opportunities.
Alpharetta-based Parkland Communities, Inc. is a privately-owned multifaceted real estate development and investment firm specializing in residential properties. With over 20 years of experience in the industry, Parkland Communities Inc. uses the latest market data, technology and established relationships to strategically secure new development opportunities in Atlanta’s most desirable locations. The company’s hands-on philosophy has made it a proven leader in the industry, earning a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.
For more information on Parkland Communities, visit www.ParklandCo.com.
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