Development Projects

Douglasville, GA

Brookwood Crossing

Acquired in Dec July 2018
$6 million acres of buildable land
36 developed lots  developable unit density
10 Detached single family homes built and sold
We are currently building the second phase of the project
McCalla, AL

Cheshire Park

Acquired in 2016
93 homes built and sold developable unit density
Estimated completed value of $22 million
Detached single family homes for sale. A combination of 30 developed lots, and buildable land for additional 91 units.
Currently in completion of the last phase of construction
Porterdale, GA

Cedar Shoals

Acquired in Jan 2020
243 acres of buildable land
1,225 developable unit density
Estimated completed value of $350 million
341 single family homes, 164 townhomes & 720 multifamily; with 25 acres of commercially zoned land
Amended zoning to achieve increased density, breaking ground in March 2021 in our first phase single family home construction, and pre-development of our first phase of multifamily
Covington, GA

Twin Rivers

Acquired in December, 2020
205 acres of buildable land
183 developable unit density
Estimated completed value of $82 million
A combination of 65 developed lots, and 205 acres of buildable land for additional 118 units
We broke ground immediately on the site, delivering our first round of homes in April of 2021
Dallas, GA

Weatherstone

Acquired in June 2021
170 acres of buildable land
280 developable unit density
Estimated completed value of $100 million
Detached single family homes for sale and build-for-rent
We are currently in “horizontal” infrastructure development, putting in place our civil utilities and preparing the sites for slab and vertical construction
Panama City, FL

Marina Island

Acquired in July 2017
234 acres of buildable land
1,757 developable unit density
Estimated completed value of $600 million
Acquired as a former Naval fuel storage depot, which is in remediated “brownfields” status. The site will have a mixture of single family homes (both waterfront and dry lot), townhomes, mid-rise & garden style multifamily, 78k of commercial, and a “wet-dock” marina
We are currently in the preliminary phases of site plan programming & civil engineering. We’ve enlisted world renowned project management and development consulting firm CM&D as project manager & owner-rep
Adairsville, GA

Maple Village

Acquired in May 2021
24 developable unit density
Estimated completed value of $8 million
24 developed lots for SFH 4/2.5
Currently under construction
Macon, GA

Shirley BTR community

Acquired in July 2020
58 developable unit density
Estimated completed value of $10 million
58 developed lots for SFH 3/2.5
Currently under construction
Myrtle Beach, SC

Hemingway Apartments

Acquired in December 2018
30 developable unit density
Estimated completed value of $3 million
Multifamily apartments over 2 individual buildings
Currently 1 building of 12 units is stabilized, the other building of 18 unit is expecting CO in 2022
Griffin, GA

Collins Vinyard Apartments

Acquired in March 2019
73 units developable unit density
Estimated completed value of $15 million
Acquired 26 built townhome rentals, with additional developed lots for a total of 73 units
Acquired with average rental rates around $600 per unit, implemented value-add capital improvement strategy, and new management, to reach leasing levels close to $900