Slaughter's proposed $52 million Stonegate project would comprise an undetermined amount of retail; 104 town homes and 322 single-family residences priced from $100,000 to $350,000 in Polk County, about 60 miles northwest of Downtown Atlanta near the Alabama line.

Construction is tentatively scheduled to start in April but the site would first have to be annexed by the city and rezoned, Slaughter has told city officials. The venture would be the largest of its kind in the Limestone Valley city of 9,470 permanent residents.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.