The 235-acre development of apartments, townhouses and million-dollar homes on postage stamp lots has sold more than 90 homes since 2018, including 12 so far this year. Unlike most of Fayette County, where families live in large houses on acre lots, Pinewood is offering everything from tiny houses to homes of more than 2,000-square feet built vertically, instead of horizontally.
It's a managed rollout, leaders say of the community across the street from Pinewood Studios, home of Marvel Studios films "Black Panther," "Captain Marvel" and "Avengers." When it's built out in 2024, developers hope to have created a community of 700 family homes designed around sidewalks, pocket parks and centralized gathering spaces to encourage residents to know their neighbors.
Shannon James, chairman of Aerotropolis Atlanta Alliance, an organization helping College Park and others to plan a 320-acre mixed use project around Hartsfield-Jackson International Airport dubbed Airport City, said Pinewood is offering a model to others wanting to develop mixed-use projects south of I-20.
Other mixed-use projects in the early planning stages on the southside include a large tract in Clayton County’s Mountain View area near the airport and the Jodeco project in Stockbridge. A critical part that is making Pinewood viable is having the right team to see the project through, James said.
“Once you’ve got a group together who has a vision, who has the bandwidth to really collectively move the needle, things happen,” James said. “That’s what they are illustrating.”
One reason the southside has not seen as much mixed-use development is the abundance of land never pressured developers to consider density.
“There is a reason that you typically get higher density and go more vertical as the land price goes up,” said Kennesaw State University economist Roger Tutterow. “Because the land was much more affordable in the Southern Crescent, you did not have that as a driving force toward higher density.”
Pinewood officials are selling more than housing as a reason to choose their community. The project eventually will include a wellness center, walking trails, hotels, chef-driven restaurants and a recently announced movie theater with "800 VIP lounge chairs, as well as restaurant and bar amenities."
The amenities are scaled to the size of the community, according to Parker.
The restaurants will have no more than 50 to 60 seats instead of 200 chairs at an average eatery to better reflect expected occupancy. The theater also will be smaller than the big megaplexes to make the financial numbers work.
“It will be eight screens, not 14,” Parker said. “That doesn’t make sense for us.”
Operators are looking to bring in a boutique 5,000- to 7,000-square-foot grocery store, along the lines of a Trader Joe’s or Sprouts.
Most important for Pinewood officials, however, is to attract people who are looking for a walkable community. The target is the millennial who wants to be able to go to a movie, then go to the grocery store and work out at the gym without having to get in her car, Parker said. The community also wants the empty-nester who wants trade in his lawnmower for comfortable shoes to walk 10 feet away to a park.
In between, there will be people working at Pinewood Studios or Delta Air Lines pilots coming home to a no-fuss apartment after a long flight.
“We are finding interest at both ends of the spectrum, from people wanting to downsize to a more efficient home to 25-to-40-year-olds who in the past only thought of the southside as where you go to get to the airport,” Parker said. “We have cast a pretty broad net for people who might want to live here.”