Parkland Communities Breaks Ground on 389 Home Project in Stonecrest

Staff Report

Wednesday, August 23rd, 2023

Parkland Communities Inc., a privately-owned, multifaceted real estate development and investment firm in Atlanta, announces development is underway on Crestwind Township and Crestview Point. Located within the city of Stonecrest in DeKalb County at 7259 Hayden Quarry Road and Turner Hill Road, this community brings 389 much-needed homes to market.  

“This long-anticipated development is located in a massive growth corridor fueled by the new Rivian plant and other large-scale economic development projects along I-20,” Parkland Communities President Jim Jacobi said. “The development offers something for everyone with townhomes, single family and resort-style amenities in a thriving area where people want to live.” 

Parkland Communities is dedicated to the underrepresented missing middle market. Housing in the 'missing middle' plays a significant role in providing affordable residences in various municipalities. This community will help satisfy the huge housing demand in the market where limited opportunities for new housing are available. 

With a Grand Opening planned for summer 2024, Crestwind Township will feature 260 townhomes, and Crestview Pointe will offer 129 single-family homes with two-car garages. The community amenities include abundant green space, nature trails, sidewalk-lined streets, a clubhouse, junior Olympic swimming pool, playfield and playground. 

The community is conveniently positioned near Stonecrest Mall and New Black Wall Street. Easy connectivity to I-20 offers an ideal advantage for daily commuters, with a future MARTA Park and Ride poised to be located just across the street, linking directly to New Black Wall Street and The Mall at Stonecrest.

The Mall at Stonecrest is undergoing an extensive transformation, incorporating a food hall, sports and entertainment hub, a cosmetics megastore, trendy boutique stores, and more. Construction is underway on Privi, an adaptive reuse of the former Sears. Privi’s food hall is set to open by spring 2024. It features 13 concepts -- Atlanta Breakfast Club, the Original Hot Dog Factory, Dope Coffee, a craft bar, golf simulator suites, a daiquiri bar and a fine dining restaurant.

New Black Wall Street, repurposed from a former Target, is a destination for family fun, entertainment, retail, gourmet grocery shopping and fine dining. The unique setup gives shoppers an outdoor feel while shopping indoors. This development proudly features over 100 businesses owned by minorities and women.

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