Parkland Communities Names Dynamic Duo Nick Patti and Ian Young as New Directors

Developer ramps up lot development and home construction capacity with new directors

In a strategic move to expand its capabilities, Parkland Communities Inc., a premier Atlanta-based real estate development and investment firm, proudly welcomes two seasoned industry veterans as new directors: Nick Patti as Director of Operations and Ian Young as Director of Development.

Ian Young brings over 27 years of land development experience to Parkland Communities. Originally from Scotland with a degree in Civil Engineering, he has worked on civil projects in the UK and the United States, including contributing to military housing projects in Georgia. Young has held various roles in the residential home building industry with public and private homebuilders since coming to the U.S. in 1996. Most recently, he served as Regional Director of Development at Forestar, the largest lot developer in the U.S. He received his degree in civil engineering from the University of the West of Scotland and has managed the development of thousands of lots during his career. Young is enthusiastic about joining Parkland and expanding the company’s land development business across Atlanta and throughout Georgia.

Nick Patti, previously the Director of Purchasing and Estimating at Smith Douglas Homes, brings over 18 years of comprehensive management experience to Parkland Communities. With a career that spans various construction projects in residential, commercial, industrial and heavy civil/marine markets, Patti contributes invaluable experience and skills to Parkland. He is eager to put his extensive knowledge to work in establishing Parkland Homes and Parkland Residential as prominent Georgia homebuilders, delivering affordable, high-quality homes to the residential market.

Parkland Communities President Jim Jacobi expresses great confidence and enthusiasm in the new appointments, stating, “The addition of Ian Young and Nick Patti to our leadership team as new directors bolsters our construction and development capabilities. Their impressive track records, commitment to quality, and industry knowledge will propel Parkland Communities to new heights as we expand our reach in home building and development in Georgia.”

Parkland Communities is prepared for growth. Brokers and landowners interested in selling property are encouraged to contact Jim Jacobi at Parkland Communities to explore potential 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 and its new directors, visit www.ParklandCo.com.

The post Parkland Communities Names Dynamic Duo Nick Patti and Ian Young as New Directors appeared first on Atlanta Real Estate Forum.

/by

Parkland Communities Opens New Alpharetta Office 

Members of the Alpharetta Chamber of Commerce joined Parkland Communities to celebrate the grand opening of its new Alpharetta office building at 363 South Main Street in Alpharetta, Georgia, with a ribbon cutting celebration. The new building serves as the company’s headquarters and offices for Parkland Communities, Parkland Residential and Parkland Homes.

Alpharetta Chamber of Commerce joins Parkland Communities for a ceremonial ribbon cutting.

“Congratulations on your office! What a beautiful transformation of a building that has historic value to the story of Main Street and the City of Alpharetta,” said Deborah Lanham, CEO & President of the Alpharetta Chamber of Commerce.

Alpharetta General Store in 1950s on Hwy9 / Main Street.

This building was originally the Rudasill Grocery store dating back to the early 1950s when Main Street was just a small two-lane rural road. TSW provided the architecture plans for the new design, and the general contractor is Parrish Construction.

“If only walls could talk, the stories and history this building would tell,” Parkland Communities President Jim Jacobi said. “The grocery store was the heart of the community in the 1950s. We admire the provenance of the building and are thrilled to restore this building so its legacy continues for generations to come.”

Parkland Communities 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

Home builders looking for lots and landowners with a desire to sell should contact Jim Jacobi at Parkland Communities to explore opportunities.

For more information on Parkland Communities, visit www.ParklandCo.com.

Click here for Parkland Communities news.

The post Parkland Communities Opens New Alpharetta Office  appeared first on Atlanta Real Estate Forum.

/by

Parkland Communities Adds Sherry Lancaster as Land Operations

Parkland Communities proudly welcomes Sherry Lancaster to its talented team. Lancaster coordinates all land operations for the company, which currently has over 3,000 residential lots under control in the metro Atlanta area.

“Sherry’s depth of experience is already a huge win for our team,” Parkland Residential President Jim Jacobi said. “Her ability to coordinate land acquisitions, complicated entitlements, and due diligence will make us even more successful.”

Lancaster brings 30 years of experience in development and the home building industry to Parkland Communities. Her prior experience includes working for civil engineering firms, national builders and municipal governments. Her role includes supporting Jim Jacobi, President of Parkland Communities, coordinating land acquisitions, consultants and municipal processes.

“I’m thrilled to join Parkland Communities and have the opportunity to work with Jim,” said Lancaster. “The entire team has been incredibly welcoming, and I love the direction and vision of the company.”

Lancaster resides in Lawrenceville.  She is a proud mother of two adult sons. In her free time, she enjoys spending time with family and friends, cooking, hiking with her 4-year Bernedoodle, gardening, volunteering and traveling.

Parkland Communities, Inc., the sister company to Parkland Residential, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Sherry Lancaster and Parkland Communities, visit www.ParklandCo.com.

The post Parkland Communities Adds Sherry Lancaster as Land Operations appeared first on Atlanta Real Estate Forum.

/by

Parkland Communities Seeks Director of Construction Operations

Who wants to be a Millionaire?! Parkland Communities, Inc is searching for a Director of Construction Operations. This one-of-a-kind opportunity includes a predetermined pathway to OWNERSHIP!!!

“It has become so overly expensive to start a home building company that it stops most people from pursuing their dreams,” said Parkland Residential President Jim Jacobi. “This opportunity will start as an employee but grow into ownership with no cash investment required.”

This is an exceptional opportunity to work with a quickly growing company led by a proven entrepreneur with a stellar reputation who has already been there and done it!

Jacobi has already made a name for himself in the Southeast’s residential development and building industry. In 2007 Jim founded JEH Homes along with his business partners. They grew the company into one of Georgia’s top 10 home builders before being purchased by Taylor Morrison for more than $70 million in 2015.

In 2017, Jacobi and his partners founded Alliance Engineering & Planning, LLC. They grew the company into one of Atlanta’s leading Planning, Civil Engineering, and Surveying companies. AEP was recently bought for $20 million in November 2022 by LJA Engineering, Inc.

Now, Jacobi is creating one of the fastest-growing Build-to-Rent companies in Georgia, with more than 1,000 lots throughout Georgia already in its pipeline.  When asked about his ideal candidate, Jacobi replied, “I’m looking for the best leader in the business, who is ready to take a giant step forward in their career towards ownership.”

The Director of Construction Operations will be responsible for closely managing the day-to-day operations of all home building-related responsibilities for every new home community. The Director of Operations is an executive-level position. It is expected to be a proven leader, entrepreneurial-minded, and foster an exceptional company culture to promote employee retention, subcontractor loyalty and create a safe workplace environment.

Apply on Indeed

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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Parkland Communities, visit www.ParklandCo.com.

Click here to read more Parkland Communities news.

The post Parkland Communities Seeks Director of Construction Operations appeared first on Atlanta Real Estate Forum.

/by

Parkland Residential Breaks Ground on Sugarloaf Landing

Parkland Residential has started development at Sugarloaf Landing, a build-to-rent community featuring 114 stacked townhomes in Lawrenceville, Georgia. Located on 10 acres at 3440 and 3460 Sugarloaf Parkway near the intersection of Sugarloaf Parkway and Five Forks Trickum Road, developer Parkland Communities broke ground last week.

“It is a great feeling to see dirt moving at this long-anticipated community,” Parkland Residential President Jim Jacobi said. “Gwinnett has a large housing deficit, and Sugarloaf Landing will help meet the need for attainable housing.”

Sugarloaf Landing features rear-entry stacked townhomes with one-car garages and two or three bedrooms, including oversized, private owner’s suites with huge walk-in closets and stylish baths with dual vanities. The spacious, open floor plans feature sizable kitchens that open into oversized family rooms. Covered outdoor living spaces with views of greenspace and woods are perfect for enjoying crisp spring nights and entertaining guests.

Residents will enjoy the resort-style amenities, including a swimming pool, cabana, playground, nature preserve, playfield, sidewalks, tot lot and pocket parks. Additionally, an abundance of shopping and restaurants within a short walk from the community.

The three-bedroom units offer two-and-a-half baths plus lofts with 1,958 square feet of total living space, while two-bedroom units offer 1,636 square feet of total living space. Residents can enjoy a maintenance-free lifestyle while renting for less than owning a home, with pricing starting at $2,400 per month.

Parkland Residential designed these unique stacked townhomes specifically to repurpose under-utilized commercial parcels and supply missing middle homes. The concept of the missing middle is defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence. Still, it is really a duplex, quad, eightplex or more. Missing middle housing goes hand-in-hand with affordable housing. Consumers want to live near work but can’t always afford to, and providing various housing options helps meet this need.

Managed by Lincoln Property Group, Sugarloaf Landing is located at 3440 and 3460 Sugarloaf Parkway in Lawrenceville. For more information, call 470-402-2300 or visit the Lincoln Property Company website at www.lpc.com.

Parkland Residential is a new homebuilding company focused on creating build-to-rent communities. Based in metro Atlanta, the build-to-rent company’s goal is to provide affordable missing middle housing in locations where consumers want to live. Parkland Residential plans to build many build-to-rent communities over the next several years.

Parkland Communities, Inc., the sister company to Parkland Residential, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Parkland Communities, visit www.ParklandCo.com.

Click here for more Parkland Communities news.

The post Parkland Residential Breaks Ground on Sugarloaf Landing appeared first on Atlanta Real Estate Forum.

/by

Jacobi to Present as Featured Panelist at IMN Build-to-Rent Forum

Jim Jacobi, president of Parkland Communities and Parkland Residential, is a featured panelist during the 8th annual IMN Build-to-Rent, Land & Homebuilding Forum in Nashville, Tennessee, March 2 – 3, 2023. This industry-leading event focuses on private equity, debt and joint venture financing in the land and homebuilding markets.

With more than 1,000 BTR lots entitled in the Atlanta metro, Jacobi will share what he has learned during this process in the session “Land & Lot Acquisition, Financing and Risk Assessment Strategies” from 12:15 – 1 p.m. in Track B.  Jacobi will share his expertise on a panel along with Jeffrey Lucas, Vice President JEN Partners, Jan Kurzenberger, Director of Lennar, Batey McGraw, National Vice President – Land with Dream Finders Homes, Scott Lamontagne, Managing Director, Investment Sales with Northmarq and Mike Bednarski, Managing Partner with LyvWell Communities.  A lively discussion will cover hot build-to-rent topics, including:

How do you see land prices trending in the next 6-12 months?
How are you underwriting land deals today?
Does your strategy vary by market?
Are you targeting raw, entitled or finished lots?
Which financing options are most attractive in this environment?
How has your risk assessment model changed since the beginning of the pandemic?
What are the main operational challenges you are facing?

“The IMN Build-to-Rent Forum in Nashville is focused on the business of BTR from the homebuilder and funds perspective,” said Jacobi. “Parkland Communities has a large pipeline of BTR communities in development and coming online in 2023; we are searching for debt sources for BTR communities.”

With decades of experience presenting land plans to zoning review boards and more than 10,000 developed residential lots in his vast portfolio, Jacobi understands how to work within the system to zone new for-sale homes, but build-to-rent communities often add complexity to zoning timelines with variables that aren’t typical objections during zonings for build to sale communities.

Jacobi spoke at the IMN Single Family Rental Forum in Scottsdale, Arizona, last December.  On “Buying Entitled vs. Raw Land/Using A Merchant Builder vs. Keeping In-house/Selling Pre- vs. Post Occupied.” Currently, 16 million homes or 11.5% of total homes in the United States, are now single-family rental properties.

For more information on this event, visit https://events.imn.org/event/b0e18b8b-f57e-4d17-951a-236373b9bfe5/summary.

In 2020, Jacobi formed Parkland Residential; a homebuilding company focused on developing and creating build-to-rent communities. Parkland Residential focuses on the underserved missing middle market, 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.

Well-known as a developer in the Atlanta real estate market, Jacobi also runs Parkland Communities Inc., a company that develops communities for local, regional and national home builders.

Based in Atlanta, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Parkland Communities, visit www.ParklandCo.com.

The post Jacobi to Present as Featured Panelist at IMN Build-to-Rent Forum appeared first on Atlanta Real Estate Forum.

/by

Jacobi Speaking at Zonda’s Future of Build to Rent Conference

Jim Jacobi, president of Parkland Communities and Parkland Residential, is a featured speaker at Zonda’s The Future of Build to Rent conference located in Dallas, Texas, March 27 – 28, 2023. This event provides a data-grounded exploration of what 2023 holds for Build to Rent. The conference looks at supply and demand forecasts, hot and not markets, potential headwinds, and other economic factors impacting this homebuilding market segment.

Photo: Jim Jacobi (right) showing Tim Sullivan with Zonda his stacked townhome plans.

Jacobi presents “Top Ingredients in a Successful BTR Community” on Tuesday, March 28, from 1:15 to 2 p.m. CT. As the single-family build-to-rent industry continues to grow, BTR builders and operators are leaning into segments of the business, identifying community needs and market trends, honing their products and building on successes. In this session, Jacobi shares his winning business strategies and lessons learned in building his BTR business and finding his space in this growing industry. This session will be moderated by Mollie Carmichael, Principal, Zonda Advisory.

With a unique approach to build-to-rent, Jacobi created Parkland Residential to build BTR communities exclusively, but instead of building single-family homes, Jacobi focuses his BTR communities on townhomes.

“By building townhome communities for rent, I can focus on a more affordable rental rate while still creating amenity-rich environments that today’s renters seek.”

Building on the success of Sweetwater Springs, where Jacobi leased 58 townhomes within 90 days before construction was even complete, Parkland Residential will break ground on more than 1,000 BTR lots around metro Atlanta this year.

Parkland Residential’s BTR communities feature a unique stacked townhome product designed to repurpose under-utilized commercial parcels and create missing middle housing.

Appealing to selective renters, Parkland Residential attracts an affluent demographic seeking a hassle-free lifestyle and choosing to rent instead of buying a home. Freedom to travel, no maintenance and the flexibility to easily move; all rank high on why people rent. Combine those factors with walkability and amenities,

“The Zonda event in Dallas is focused on the business of BTR from the homebuilder and funds perspective,” said Jacobi. “Parkland Communities has a large pipeline of BTR communities in development and coming online in 2023; we are searching for debt sources to finance new BTR communities.”

With decades of experience presenting land plans to zoning review boards and more than 10,000 developed residential lots in his vast portfolio, Jacobi understands how to work within the system to zone new for-sale homes but build-to-rent communities often add complexity to zoning timelines with variables that aren’t typical objections during zonings for build to sale communities.

For more information on Zonda’s The Future of Build to Rent conference, visit https://forecast.builderonline.com/.

In 2020, Jacobi formed Parkland Residential, a home building company focused on developing and creating build-to-rent communities. Parkland Residential focuses on the underserved missing middle market, defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence but is a duplex, quad, eightplex or more.

Well-known as a developer in the Atlanta real estate market, Jacobi also runs Parkland Communities Inc., which develops communities for local, regional and national home builders.

Based in Atlanta, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders. For more information on Parkland Communities, visit www.ParklandCo.com.

The post Jacobi Speaking at Zonda’s Future of Build to Rent Conference appeared first on Atlanta Real Estate Forum.

/by

Parkland Communities Donates $92,000 to Local Organizations

Jubilee Christian Church International & Oasis Sober Living Program benefit from outreach

Parkland Communities believes in being a responsible corporate citizen. Last year was no exception, with the developer providing year-end gifts to two worthwhile organizations – Jubilee Christian Church International & Oasis Sober Living.

Corporate social responsibility is a cornerstone of Parkland Communities’ brand. Since its inception, the developer has donated more than $1 million to local mission-driven Christian organizations.

“Giving back to the communities where we do business is important to the entire team at Parkland Communities,” said Jim Jacobi, President of Parkland Communities. “I believe that charity starts at home, and the bulk of our philanthropic efforts include supporting mission-focused private schools, funding addiction rehabilitation, conserving nature and more.”

Jubilee Christian Church International received $85,000 from Parkland Communities to help support its growth plans. Led by Pastor Dr. Michael Adebiyi, the South Gwinnett church ministers to all nations and races locally and internationally. The church has a Youth Ministry called Scripture Café, which engages the youth in spiritual, physical and intellectual activities through fellowship, leadership training, and field trips to help them develop into well-rounded individuals that will impact their communities positively.

The development in the area presents perfect timing for the church to implement its growth plan. Between Parkland Communities’ development adjacent to the church and a separate new community a bit further down the road, 474 families will have opportunities to move to the area.

Jubilee Christian Church plans to positively impact the community by building a top-class daycare center, ministering to children, and scaling up its youth ministry.

“Jim’s generosity through Parkland Communities will allow us to welcome every family with a fruit basket as they move into the community. We hope they will see us as their spiritual growth partner and neighbor,” said Dr. Adebiyi. Every month, the church will host a welcome dinner for those who moved in that month.

The church youth’s church service, Scripture Café, offers a weekly café style contemporary youth service with coffee and other pastries available for the youths during and after worship. They share the word, pray for the cause of the week, and participate in a nationwide campus fellowship organization that prepares them for college, including applying to schools, understanding financing, and much more. One of the church’s goals is to build a sanctuary for the youth ministry.

“Jim’s donation is coming to hatch our egg and allow it to fly,” said Dr. Adebiyi. Our vision was inside a financial shell, and Jim has come to break the shell open to help us find expression. And this is just the first step. We plan to also partner with city and county stakeholders to make a more significant difference.”

For more information on Jubilee Christian Church International, visit https://jccihog.org or call 770-413-0202. Join Jubilee for worship at 1640 East Park Place Boulevard, Stone Mountain, Georgia, 30087.

Parkland Communities also made a year-end donation to Oasis Sober Living of $6,376 to support the non-profit recovery residence, which provides clean and sober living with a 12-step-based, structured environment. “Oasis” is a sister program to Breakthrough Recovery Outreach (BRO) which offers affordable housing options for individuals who cannot afford a traditional private residential treatment program but have Medicaid insurance. Oasis Sober Living is located in Tucker and is led by Director Paulette Jacobs.

Based in Atlanta, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Parkland Communities, visit www.parklandco.com or call 404-456-5562.

Tune into Atlanta Real Estate Forum Radio Episode 1,134 for an interview with Jim Jacobi: Upcoming Projects, Build-to-Rent, Refinancing.

Click here for more Parkland Communities news.

The post Parkland Communities Donates $92,000 to Local Organizations appeared first on Atlanta Real Estate Forum.

/by

Jacobi to Present as Featured Panelist at IMN Single Family Rental Forum

Jim Jacobi, president of Parkland Communities and Parkland Residential, is a featured panelist during the 10th Annual IMN Single Family Rental Forum in Scottsdale, Arizona, December 5 – 7, 2022. This industry-leading event brings together REITs, funds, aggregators, investors, developers, home builders and others for two-and-a-half days of lively discussion, thoughtful debate, and networking.

Jacobi has entitled +1,000 BTR lots around Atlanta and will provide thought leadership in the session, “Buying Entitled vs. Raw Land/Using A Merchant Builder vs. Keeping In-house/Selling Pre- vs. Post Occupied.” Session Chair Melanie Pennell-Mayer, CEO of Associated Ventures, will lead the discussion covering many hot build-to-rent topics, including:

Who should you use to help you buy/sell the land?
Streamlining the entitlement process.
Role of local market knowledge/experience and how unique the process is across different markets.
Sourcing materials and labor.
Tax, insurance and financing considerations and complexities.
Should you be using a land bank?
Payment structures and waterfall.

In addition to Jacobi, panel participants include Aimee Martin, Principal at ASM Real Estate Advisors; Kelli Lawrence, CEO of Onyx and East and Paul Megler, EVP-Portfolio Management and Strategic Relationships with Walton Global.

“I look forward to meeting industry leaders to discuss build-to-rent financing as it has become challenging to find,” said Jacobi. “Parkland Communities has a large pipeline of BTR communities in development and coming online in 2023; we are searching for debt sources on BTR communities.”

With decades of experience presenting land plans to zoning review boards and more than 10,000 developed residential lots in his vast portfolio, Jacobi understands how to work within the system to zone new for-sale homes, but build-to-rent communities often add complexity to zoning timelines with variables that aren’t typical objections during zonings for build to sale communities.

The recent IMN Forum in Miami welcomed over 1,700 single-family rental professionals, making the IMN conference the largest and most renowned deal-making event for the SFR industry.

According to IMN, Single Family Rental investments continue to soar, with multi-million securitization deals taking place monthly. Currently, 16 million homes or 11.5% of total homes in the United States, are now single-family rental properties.

For more information on this event, visit https://events.imn.org/event/21258c50-d497-4a3a-976a-dfa7805c440b/summary.

In 2020, Jacobi formed Parkland Residential; a homebuilding company focused on developing and creating build-to-rent communities. Parkland Residential focuses on the underserved missing middle market, 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.

Well-known as a developer in the Atlanta real estate market, Jacobi also runs Parkland Communities Inc., a company that develops communities for local, regional and national home builders.

Based in Atlanta, 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 with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.

For more information on Parkland Communities, visit www.ParklandCo.com.

The post Jacobi to Present as Featured Panelist at IMN Single Family Rental Forum appeared first on Atlanta Real Estate Forum.

/by

Parkland Communities Permits 389 Home Project in Stonecrest

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.

New Black Wall Street is a former Target repurposed as a destination for family fun, entertainment, shopping and fine dining. Shoppers feel like they are outside, yet they are shopping inside. This development showcases more than 100 minority and women-owned businesses.

Parkland Communities focuses on the underserved missing middle market. The concept of the 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 a duplex, quad, eightplex or more. Missing middle housing is a key to providing affordable homes in many areas.

Homebuilders looking for lots and landowners who want 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.

Click here for more Parkland Communities news.

The post Parkland Communities Permits 389 Home Project in Stonecrest appeared first on Atlanta Real Estate Forum.

/by