News Summary
Capstone Property Group has proposed an impressive luxury resort in Gainesville, Georgia, featuring 177 guest rooms, high-end dining options, a spa, and ample meeting space. The resort aims to enhance the local tourism experience and promote economic growth in the area. Slated for completion by 2028, it will also include cottages and estate homes in a beautiful lakeside environment.
Plans Unveiled for a Luxurious New Resort in Gainesville
Gainesville, located just 55 miles north of Atlanta, is buzzing with excitement as the Capstone Property Group has submitted a proposal for a stunning luxury resort on Ivey Road. This proposed development promises to be a game-changer in the area, bringing new amenities, accommodations, and opportunities for both locals and visitors.
What’s on the Drawing Board?
The ambitious project is set to include no less than 177 guest rooms, catering to those looking for a little opulence during their stay. But that’s not all! A high-end restaurant and a cozy café will provide delicious dining options for hungry guests. For those who want to unwind, the resort will feature poolside and lakeside bars, making it the perfect spot to sip cocktails as the sun sets over Lake Lanier.
Wellness enthusiasts will be delighted to hear there will also be a spa and a fitness center to help rejuvenate both body and mind during their visit. The resort isn’t just about leisure, as there will be plenty of space for business as well – a whopping 15,000 square feet of meeting space is planned, accommodating corporate events and gatherings of all kinds.
But the luxury resort experience doesn’t stop there. Capstone is also including plans for seven charming cottages and 28 estate homes that promise to create a cozy and exclusive atmosphere for guests. Nature lovers will appreciate the addition of walking trails that weave through the lush surroundings, encouraging visitors to savor the stunning natural beauty that Gainesville has to offer. There will even be event and sports pavilions, making it a versatile destination for all sorts of gatherings and activities.
Location, Location, Location!
The site chosen for this remarkable development is currently a tranquil wooded area along the banks of Lake Lanier, located at 3070 Ivey Road. This prime location will not only provide gorgeous views but will also ensure easy access for those traveling from out of town. Estimated to be completed by 2028, the resort is poised to become a new centerpiece for fun and relaxation in Gainesville.
Gainesville’s Development Wave
This exciting proposal isn’t the only development making waves in the Gainesville area. Nearby, other significant projects are also underway, creating a buzz in the community. For instance, Oxford Properties is working on a 329-unit apartment complex at 3000 McIntosh Parkway in Newnan, which will also include offices, restaurant spaces, and 70 single-family homes, also projected for delivery in 2028.
Meanwhile, Euphoric Development has its sights set on an ambitious 1.9 million square foot industrial complex called Project Paradise in Covington, expected to generate an impressive $2.5 million annually in local tax revenue once completed. And don’t overlook the expansion of Jackson 85 North Business Park in Pendergrass, spearheaded by Trammell Crow Co. and CBRE Investment Management, which promises to deliver a massive 1.5 million square foot warehouse complex.
Financial Movement in the Area
On the financial front, substantial investments have been made, including an $82 million loan for the Mira at Midtown Union apartment project and a $28.3 million loan for redeveloping Englewood Manor in Chosewood Park. The area is thriving, with leases and agreements sprouting up everywhere, such as FRM leasing 226,000 square feet at the Gravel 85 Distribution Center in Buford, and a 15-year lease by Clark Hill law firm for 28,000 square feet at 3630 Peachtree in Buckhead.
With all this activity, it’s clear that Gainesville is on the brink of transformation and growth. The proposed luxury resort by Capstone Property Group is just one of many exciting developments that promise to elevate the area’s appeal and enhance the lifestyle of both residents and tourists in the coming years!
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Additional Resources
- Gainesville Times: Luxury RV Resort Planned
- Southern Living: Gainesville, GA
- Travel Weekly: Hotels Offer Discounted Rates
- PR Newswire: Elegant Hotel Eleo
- Gainesville.com: Celebration Pointe Development
- Wikipedia: Gainesville, Georgia
