Parkland Communities Receives Permits for 389 Home Project in Stonecrest

Staff Report

Friday, November 11th, 2022

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.