The 115-acre former Fiserv property on East Jones Bridge Road in Peachtree Corners has been sold to The Providence Group of Georgia with plans to develop a 55 and older community. (Courtesy City of Peachtree Corners)

Fiserv property in Peachtree Corners sold for 55+ development

The 115-acre former Fiserv property on East Jones Bridge Road in Peachtree Corners has been sold to The Providence Group of Georgia. The Suwanee-based builder announced it expects to begin construction on the home development for residents 55 and older in January with the first homes available for sale in the fourth quarter of 2020.

The new development is a joint venture partnership between The Providence Group, a subsidiary of Green Brick Partners, Inc., and East Jones Bridge, LLC which originally purchased the land to develop the 55+ community.

The East Jones Bridge development will offer condominiums, townhomes and single-family homes for active adults. The community will be made up of 916 mixed age-restricted residential independent, assisted living and memory care units. The gated community development includes 4,000 feet of frontage along the Chattahoochee River.

“As Peachtree Corners’ population ages, we want to make sure that housing for these citizens is available,” said Peachtree Corners Mayor Mike Mason. “This project will provide that housing while respecting the sensitive river corridor and tree canopy.”

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