If developers have their way, the latest mixed-use hub south of Atlanta will be set against a lake and teem with residents of all ages, alongside breweries, restaurants, and significant corporate tenants.
Active intown developer Crescent Communities and partner Pace Lynch submitted initial site plans Thursday to the Peachtree City Council for a concept called “Calistoa Lake McIntosh.”
Envisioned as a sort of waterfront small town in a city known for golf cart paths, palatial housing, and low crime rates, the project near the banks of Lake McIntosh would be a “community of the future,” in the words of one principal with Peachtree City-based Pace Lynch.
Developers are aiming to break ground by the end of 2019—provided that Peachtree City’s development moratorium doesn’t interfere.
The target demographic—“knowledge workers, millennials, and Baby Boomers alike,” as Kyle Brock, Crescent Communities managing director, said in a press release—casts a pretty wide net.
The site’s existing zoning calls for 12 acres on the southern fringes to be preserved for future office projects. Developers are in discussions with “several large corporate users seeking a new headquarters site,” in addition to restaurants and breweries, officials said.
Beyond the offices, plans call for residences abiding by a modern farmhouse aesthetic, ranging from five-story apartment buildings to for-sale cottages and other single-family properties arranged in villages. Neighborhood parks and walking paths are also part of the master plan.
On the retail side of things, the vision is much more detailed. Here’s the official description:
“[T]he Village Green—inspired by ‘The Hub’ on 30A in Fort Walton Beach—will feature restaurants, small shops, and outdoor movies on a park with views of Lake McIntosh and [nearby regional airport] Falcon Field ...
Residents will also have the opportunity to take advantage of the Vista Terrace, a two-story amenity building, which will offer a coworking space, coffee bar serving Land of 1000 Hills Coffee, saltwater pool, gym, yoga/stretch room, outdoor grills, communal fire pits, and a pizza oven.”
Charlotte-based Crescent Communities has been active for two decades in the Atlanta market. The company’s Novel concept plans to operate four announced locations, including the finished Novel Perimeter and rising Novel Old Fourth Ward.