Parkland Communities Inc., a privately-owned, multifaceted real estate development and investment firm in Atlanta, announces site plan approval for new Stonecrest development comprised of 388 lots in the City of Stonecrest located on Hayden Quarry Road at Turner Hill Road.
“This 388-home community is intended for missing middle housing,” Parkland Communities President Jim Jacobi said. “It is situated perfectly near I-20 for an easy commute with a future MARTA Park and Ride directly across the street, which will also provide this community a direct connection to the New Black Wall Street and The Mall at Stonecrest.
The approved community plan features an abundance of green space and amenities for residents to enjoy including a clubhouse, swimming pool, play field and tot lot. The 388 homes include a mix of single-family homes and townhomes with two-car garages.
Creatively master planned by Alliance Engineering and Planning, the community is located near Stonecrest Mall and New Black Wall Street. The Mall at Stonecrest, purchased earlier this year by Hallmark Venture Group, Inc., is slated for redevelopment to include a sports and entertainment complex, an aquarium, cosmetics superstore, apartment complex and more.
New Black Wall Street is the rebirth of an abandoned Target made to feel like being outside while actually shopping inside. Slated to open in September, this ambitious development will showcase more than 100 minority and women-owned businesses.
Parkland Communities is focused on the underserved missing middle market. The concept of 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 really a duplex, quad, eightplex or more. Missing middle housing goes hand-in-hand with affordable housing. Many consumers want to live near work but cannot afford to and having other options for housing is important.
Home builders looking for lots and landowners with a desire 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.