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Thursday, May 27, 2010

Wieland To Finish Hedgewood Project



Woodstock Downtown was originally the brainstorm of Hedgewood Properties. Hedgewood's concept was to offer Woodstock Downtown homeowners "the best of both worlds" WHERE YOU LIVE = HOW YOU LIVE. This vibrant and award winning neighborhood started off strong, with

Exquisite Homes ranging in the $400's - $600's
Designer Townhomes from the high $300s
Luxury Condos from the low $200s

The original Woodstock Downtown concept centered on providing an exciting neighborhood set in the heart of the city of Woodstock. Stunning architecture combined with a walkable lifestyle offering homeowners the opportunity to experience the charm of small-town living with the convenience of having shops, restaurants, offices and parks just a short stroll from their front door. By artfully designing homes in a village setting, residents are just a few footsteps from shopping, dining and the ambiance of the historic district. Walk to dinner at one of the nearby restaurants or enjoy a cup of coffee in the morning at the cafe' -- all without ever getting in your car!

Embracing the traditional values of old fashioned neighborhoods, residents here are enjoying an enviable lifestyle where friends stop to visit on front porches, stroll the walking trails together or gather to enjoy a concert in the park. Children play in one of the many neighborhood parks or swim in the neighborhood pool.

According to the Cherokee Ledger-News dated May 26, 2010, First Cherokee State Bank has confirmed that John Wieland Homes, in a partnership with the bank, will complete the residential portion of the Woodstock Downtown project. A sales office should open within a month. The development is expected to include 110 single family and townhomes in the $250,000 to $400,000 range. Wieland called Woodstock Downtown, "one of the most outstanding developments in Atlanta" and went on to say that "we're proud to have the opportunity to continue the project."

First Cherokee State Bank financed the land for Hedgewood Properties LLC and took ownership when the project foreclosed in 2008. When the Woodstock Downtown project foreclosed, it was about 35% complete. Before the recession, hopes were high for Woodstock Downtown which had received Awards including a Charter Award from the Congress on New Urbanism -- an honor given to only 15 developments worldwide -- in early 2008. In 2006, Woodstock Downtown and the city of Woodstock received the Development of Excellence Award from the Atlanta Regional Commission.

Recently there has been much activity in Woodstock's downtown area brought on by new restaurants, a myriad of special events put on by the city and local merchants, and the Elm Street Cultural Arts Center proposal being explored by the city, the county and the Towne Lake Arts Center.

The time is right to Welcome JOHN WIELAND HOMES as they complete the project inspired by the city and residents before the recession hit.

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