PointOne Holdings, along with its partners, The Novare Group and Batson-Cook Development Company, are developing a Class-A 298-unit multi-family project which will contain a mix of three-story apartments and for-rent townhomes which will be located in the metro Atlanta city of Newnan, Georgia. The development will be part of a 123-acre mixed-use master development that will provide the Project’s residents with a truly walkable, interconnected community containing an exciting mixture of retail, office, restaurant and residential space. The LINC, a city-approved 25.5 mile multi-use pedestrian pathway connecting the entertainment and commerce hubs, will run directly through the project and will be adjacent to the apartment community.
The location offers direct access to the interstate corridor as well as convenient access to approximately 1.7 million square feet of grocery, retail and dining and entertainment space including two marquee shopping centers; the Forum at Ashley Park and the Newnan Pavilion.
Industrial development along the I-85 corridor has driven much of the growth in the region, which is home to manufacturing and distribution facilities for divisions of Yamaha, PetSmart, Niagara and Cargill. Adding to that momentum is the health care industry, including the 360,000 square foot Piedmont Newnan Hospital and Cancer Treatment Centers of America. And the film industry may be the most exciting opportunity in the area as downtown Newnan’s historic charm and appeal has made it a popular destination for Hollywood productions.
Newnan is also in close proximity to the economic core of the Southeast, the international business hub of Atlanta, which ranks tenth in US GDP and top 5 in Fortune 500 headquarters. Further contributing to the job growth and economic prosperity, the city has seen the relocation of US headquarters for Mercedes Benz and Porsche as well as the development of large employment centers for both State Farm and Google.