Local Atlanta Developer Moves Forward With Peachtree Hills Place
Isakson Living announced that it will pick up where it left off with its development of Peachtree Hills Place.
By Balazs Szekely, Associate Editor
A rendering of Peachtree Hills Place
Atlanta—Atlanta-based developer Isakson Living of the senior-living community Peachtree Hills Place in south Buckhead announced that the long-stalled project is back on track and that pre-sales for the luxury residential units will commence in 2016. Isakson Living called upon Foley Design Associates Architects for the design and the partnership will be refining the plans for the community over the next several months.
While the project was first introduced in 2006 and initially had marketing success, the development of the 23-acre site was put on hold in 2009 during the recession. More than 150 interested buyers originally reserved homes at Peachtree Hills Place, and many of the initial buyers as well as about 40 new prospective buyers are on the priority list.
“Since 2009, no new housing options have been developed in this area that include the amenities, services and continuum of care that we will offer at Peachtree Hills Place,” said Andy Isakson, Managing Partner of Isakson Living in a prepared statement. “We are excited to be moving forward with the project and appreciate the long-standing positive support of the surrounding neighborhood and of future residents.”
The first phase of the development will include 84 luxury condominiums and eight custom single-family homes. The condos will include one-, two- and three-bedroom floor plans ranging in size from 1,400 to more than 3,000 square feet. The community will have a total of 192 condos and 12 single-family units, and residents will enjoy amenities such as a clubhouse with multiple dining venues, a fitness center and a health center.
Zoned for Continuing Care Retirement Community, the project will be prepared to offer a full continuum of care and other services on-site upon completion, such as security, transportation, assisted living, memory care and skilled nursing.
Rendering courtesy of Foley Design Associates Architects
