Developer Geosam Capital announces the planned development of a new megaproject ~ The Grove.
DULUTH, GA / ACCESSWIRE / February 3, 2023 / A new mixed-use master-planned community is in the works for Henry County. The Grove is a 1,280-acre property located off Highway 19/41, north of Hampton. Located just 22 miles from downtown Atlanta, the project proposes over 7,000 residential units, including single-family, townhome and multifamily complexes to support a diverse range of future residents. The Grove would offer an additional 2 million square feet of commercial space, including retail, hotel, and multi-use commercial/office space. Geosam plans to evaluate the feasibility of a range of uses, including constructing sound stages and production facilities.
In addition to housing and commercial space, the project aims to dedicate 150 acres to parks, trails and open space, ensuring connectivity between residential and commercial uses. A new fire department and police precinct have also been proposed to be constructed on land donated by Geosam.
Geosam has been working closely with Henry County and Georgia Department of Community Affairs and hopes to obtain land entitlements/zoning by midyear. Upon approval, infrastructure improvement planning will move forward, with the project projected to break ground as early as 2024.
The lakeside community is planned to be primarily developed by Geosam, with opportunities for new commercial and residential partners to participate. Geosam expects multiple national and regional homebuilders within The Grove. A master architectural committee has been proposed to oversee the varying architectural influences throughout the project, to maintain a consistent character throughout.
"The Grove is an exciting project, not only for us at Geosam, but for Henry County. With a development of this size, it brings a lot of business to the area, creating new job opportunities, new economic growth and provides considerable benefits to the local economy and fiscal benefits to the local government," said Brett Embry, Division President at Geosam Capital. "It's not just about the growth of business to us, we take pride in designing communities for the community itself. In planning the development of The Grove, we focused heavily on putting connectivity and pedestrian access at the forefront, giving a fresh take on new urbanism. We hope that The Grove will provide a new lifestyle destination spot to the residents of Henry County where they are able to live, work and play for years to come."
Geosam has retained NELSON Worldwide and Falcon Design Consultants for land planning and civil engineering, Taylor English Duma and Hilliard Starkey Law for legal counsel and land use and NV5 for traffic planning & engineering.
About Geosam Capital
Geosam Capital is a private investment firm, focused on real-estate development, environmental conservation and fostering sustainable community growth. Established 10 years ago, we are a family-owned company that creates long-term value, concentrating primarily on investments across the southeastern United States, with offices in our core markets: Florida, Georgia, Texas and North Carolina. Our current body of work includes master-planned subdivisions, residential, commercial, and mixed-use development (horizontal & vertical), single-family rentals (SFR), build-to-rent (BTR), property management, conversion (adaptive reuse), wetland mitigation and more. Since inception, we have developed over 10,000 residential lots and have over $1 billion worth of projects completed or under development.
For more information, please contact Brett Embry, Division President at (470) 440-6503 or visit our website www.geosam.com.
SOURCE: Geosam Capital
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