Reeves Creek Development
Reeves Creek is a seven-pod, raw land, master-planned mixed-use development located in Stockbridge, Georgia.
PROJECT OVERVIEW
Reeves Creek is a seven-pod, master-planned mixed-use development located in Stockbridge, Georgia, within the rapidly growing South Metro Atlanta corridor. Led by Aston Wright, the project is designed to transform raw land into a dynamic, multi-product community through strategic planning, zoning, and infrastructure development.
The master plan includes a diverse mix of multifamily, townhomes, single-family residential, senior living, and office space, creating a balanced live-work environment that meets the evolving needs of the market. Executed through a phased development strategy, Reeves Creek maximizes land value while delivering a thoughtfully integrated community in one of Metro Atlanta’s fastest-growing submarkets.
Reeves Creek showcases Aston Wright’s expertise in large-scale land development, entitlement strategy, and mixed-use planning, positioning the project as a premier opportunity in the Southeast.
PROJECT TYPE
Raw Land
PROJECT BUDGET
$16,000,000
ACRES
300
UNITS
1,441
LOCATION
600 Flippen Rd, Stockbridge, GA 30281, USA
PROJECT STATUS
Active
TRANSACTION OVERVIEW
Reeves Creek Development is a rare opportunity to acquire a large-scale, fully entitled, shovel-ready master-planned community in the Atlanta MSA at a substantial discount to current appraised value. The project encompasses ~299 acres in Stockbridge, Georgia, and is entitled for 1,441 residential units plus limited commercial uses (Encompassing 7 PODS), spanning multifamily, single-family, townhomes, senior housing, and neighborhood office.
The transaction is being structured as a single-party, direct investment (not a syndication), suitable for a family office, private investor, or structured capital provider seeking scale, downside protection, and multiple monetization paths.
$18,000,000
Capital Requirement
For Acquisition
$27,200,000
As-Is Appraised Value
$9,200,000
Immediate Paper Equity
Market Validation:
Competitive Acquisition with multiple offers
Single Family Pod D – 331 Units (ONLY) – Recently under contract with DR Horton for $17MM
Qualified LOI’s for Pod A-1 and E returning $10MM in capital within 12 months
DEVELOPMENT PROGRAM
The Reeves Creek Development has been divided into 7 Pods
POD | UNITS/SF |
A-1 (Multifamily Phase I) | 335 Units |
A-2 (Multifamily Phase II) | 310 Units |
B-1 (Senior Housing) | 182 Units |
B-2 (Office/Commercial) | 189 Units |
C (Townhomes) | 189 Units |
D (Single Family) | 331 Units |
E (Townhome) | 94 Units |
STRATEGIC TIMELINE
JAN 2026
Due Diligence
Contract Execution and Due Diligence
FEB 24 2026
Closing
Capital Deployment
$18MM Required
Q1-Q2 2026
Horizontal Development
Horizontal Infrastructure work commences
Q3-Q4 2026
Initial Pod Sales
Pod A1 and Pod E Sale
$10MM Principle Return
2027-2028
Ongoing Pod Sales
Pad-Ready Sites Sold as Infrastructure built-out continues
$Pods A-2, B(1,2), C, D
DEVELOPMENT STRATEGY
The project offers multiple execution strategies, allowing a capital partner to tailor risk, duration, and return profile. Aston Wright will act as the active Sponsor and Manager, leveraging local market expertise and prior execution experience in highly comparable projects within the submarket
OUR STRATEGY:
Acquire the entire site at a discounted basis and monetize selectively through:
Pod-Level Sales to National or Regional Builders
Joint Ventures on Multifamily phases
Phased Horizontal Development to increase Pod values
Aston Wright will control sequencing, and timing of initial horizontal infrastructure capital to accelerate value realization and reduce execution risk
