Atlanta real estate group known for towers goes rural for planned mega-project

For many years, the Loudermilk family has been a driving force for development in Buckhead, with their legacy permanently recognized in the form of Charlie Loudermilk Park.

Demolition is ramping up in Buckhead to make way for a high-end condo development to be called The Charles, while around the corner, the firm is also working on a medical office building and a second office tower.

Farther south in Midtown, construction is underway on one of many Loudermilk-owned parcels along Peachtree Street. But while Midtown may seem the hot place for the next big development, Loudermilk has set its eyes on something much farther afield: Middle Georgia.

Bisnow reports that plans are in the works for “The Preserve at Agriculture Village” in Perry, more than 100 miles south of Atlanta. The development, which will include retail, office space, a hotel, and 350 single-family homes, will rise on 240 acres next to the Georgia National Fairgrounds.

Robin Loudermilk notes the fairgrounds, which host more than a million visitors a year, are a big driver for the project. With wealthy visitors coming to agri-centric events down there, retail will skew toward farming and outdoor equipment suppliers.

The firm closed on the property last month, but there’s no definitive timeline for the development.

• Horses, Cattle, Pigs And A 240-Acre Mixed-Use Project in Georgia [Bisnow]