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A BIG deal: $1.5 billion city next to PTCTue, 08/29/2006 - 5:14pm
By: John Thompson
Developer Tom Reese’s vision for eastern Coweta County staggers the imagination. His proposed McIntosh new community features more than 3,100 homes and a commercial center that will be pedestrian-oriented and look more like Destin Commons on the Florida Gulf coast than the Fayette Pavilion. Reese took his vision to the Georgia Regional Transportation Authority yesterday in what will be the first of many government meetings to try and gain approval for his $1.5 billion project. On Monday afternoon at his home south of Senoia, Reese unveiled more of his plans for a development that has caused a buzz from Newnan to Fayetteville. McIntosh sits on a 1,597-acre site on McIntosh Trail and Stallings Road near the proposed TDK Boulevard Extension, just outside the Senoia city limits and across Line Creek from Peachtree City. Reese, who has been in the development business for 17 years and has strong Fayette ties, believes this is a one-of-a-kind development the Southside needs. “I love how Peachtree City has developed and this will do nothing but enhance Peachtree City,” he said. The residential component of the development will be clustered on 926 acres and offer a variety of homestyles. Homes will start at $250,000 and top out at the top level of $2 million. Single family homes will have a minimum of 2,000 square feet. There will also be 100 retirement homes, 150 townhomes and 164 lofts above the commercial component. The architecture of the homes will be historic in nature, and resemble homes found in Savannah, New Orleans and Charleston. “The townhomes will look more like the rowhouses you see in Maryland,” he added. All the homes will feature exteriors of brick, stone, stucco or wood, and no vinyl will be allowed in the development. Included in the development is 399 acres of open space, including Central Park West and Central Park East near the commercial development. Reese said there will not be any big box stores in the 169-acre commercial development, with the exception of a small grocery store. Contained in the 169 acres is 42 acres of greenspace. “But the grocery store facade will have to look like an old-fashioned butcher shop or produce place,” Reese said. Parking in the commercial area will be behind the buildings and a 40-foot walkway with cobblestone streets will make it very pedestrian-friendly. “We’re thinking about having a trolley running through the center allowing people to get on and off at various stores,” said Reese. The development emphasizes the smart-growth pattern that is the buzzword of planners now. All segments of the development will be connected through a series of bike and cart paths that will provide a secondary means of transportation. Other items in the community include sodded front lawns, underground utilities and street lights. “This will truly be a live, work and play community,” said Reese. The high-density of the development requires a wastewater treatment facility and Reese is planning to build a $6 million, 750,000 gallons a day land application system that he will then donate to Coweta County. He also plans to donate 25 acres to the Coweta County School System for an elementary school to serve the community, 35 acres to Coweta County for parks, 25 acres to a church that wants to be part of the community and 14 acres to Coweta County for the construction of TDK Boulevard. “This is going to be a 10-15 year build-out. I’ve owned this property for seven years and I think this is the right time to bring this type of development to the Southside,” he added. Reese is a proponent of the TDK Extension, but said he doesn’t need the road for his project to move forward. “This development already provides access to three state highways: 54, 154 and 16. TDK needs to be built simply because we need more east-west connector roads in the area,” he said. Reese has been in the development business for 17 years, after selling Reese Insurance in Fayetteville to his partners. In crafting the vision and financing for McIntosh, Reese is relying on local businessmen. Included in his firm is Tommy Sweet of Newnan, Doug Walker of Walker Concrete of Fayetteville, Wayne Leslie of Leslie Contracting in Fayetteville and good friend Scottie Fain of Hiwassee. “This isn’t out-of-state people trying to develop a project and leave. We’ve lived here all our life and plan on staying,” he added. Before the community can be built, Reese has to get approved by GRTA, ARC and the Department of Community Affairs. He will also have to get the property rezoned from Agricultural-Residential in Coweta County to New Community, which covers developments of over 1,500 acres. “I don’t know of another type development like this in the Southeast, and I’m glad to bring it to the Southside.” login to post comments |