Pinewood raises the bar for Fayette

Pinewood raises the bar for Fayette

 

Let the construction begin. A Friday morning pre-event at Pinewood Forrest in Fayetteville set the stage for the April 22 all-day community event where the first 50 homesites will go on sale.

The April 21 event at the new Pinewood Forrest development on Veterans Parkway was designed to provide several updates and raise the first wall at the first homesite. It was the first of 700 homes, along with 600 apartments, to be located on the 234-acre development that will feature unique mix of retail, office and other commercial offerings.

One of the announcements made Friday morning came from Pinewood Forrest President Rob Parker, who said each of the homes will be outfitted with geothermal heating and cooling. That translates into a 40-70 percent reduction in cooling and heating costs and no outside units to add noise to the immediate environment, he added.

“This will be the first all-geothermal community of its scale in the United States,” said Pinewood Forrest Project Director Bill Lynch.

Also announced Friday, Pinewood Forrest will partner with the Capstone Companies, Comer Companies and Woodford Capital to develop the urban town core that will come complete with four-story buildings which will house retail on the first floor and a variety of apartments, and price points, on the upper floors.

“It’s our responsibility to deliver on Dan Cathy’s vision,” said Capstone Executive Vice President John Acken, who described the first phase of 260 apartments, and the accompanying retail downstairs, as an environment designed to generate a dynamic urban feel.

With the pre-event complete, the April 22 event will run from 11 a.m. until 4 p.m. and will include Virtual Reality home tours for the initial lots that will be on sale beginning Saturday, local farmers and mercantile, facepainting, live music, food trucks and more.

“We now have a live, create, play community to go along with the world-class studio across the street,” said Pinewood Forrest Chief Visionary/Developer Dan Cathy.