Forsyth County approved rezoning last week to complete the final phase of Deerfield Township. The entire development comprises of 500 acres of mixed-use property and was launched in the 1990’s by Seven Oaks and Orkin.
The $300 million dollar final phase will be 164 acres, and will include more than 400 senior-oriented housing units, 560 multifamily units, 283-single-family housing units, and at least 250,000 square feet of retail and commercial development. It is expected to take at least five years to complete the project, located west of GA400 at McGinnis Ferry and Strickland Roads.
The Georgia 400 corridor remains attractive for developers as north metro-Atlanta is the home to many corporate headquarters, executives and top performing schools. Residents of Forsyth County also enjoy lower taxes than Fulton County.
Front Door Communities acquired 158 acres in south Forsyth to start a 400-home project last month; the largest residential land transaction in seven years in metro-Atlanta.