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<br />THE ATLAN;: C;NSTlTOTION
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<br />12-D
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<br />SUNDAY, AUGUST 2, 1959
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<br />uSlness
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<br />HOW PLANNERS ENVISION FUTURE PEACHTREE CITY
<br />With 7,000 Population, It Would Look Something Like This C
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<br />16,OOO-Acre Dream City
<br />Planned in Fayette County
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<br />De'fe!opers of Tract 22 Miles
<br />From Atlanta to Start in Fall
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<br />THE HUGE tract of wooded,
<br />hilly terrain that is to become
<br />Peachtree City. lies sOme seven
<br />or eight miles southwest of Fay~
<br />etteviIIe and about 22 miles from
<br />By FRED HARTLEY the center of Atlanta. It will he
<br />A new corporation has been formed to build a com- accessible to Atlanta via a future
<br />pletely new town on Atlanta's doorstel1. interstate highway and pt'oposed
<br />The Fayette County Develop~ :BUT THE NEW financial 3rw expressway connectors.
<br />ment Corp. has joined with Bes~ rangements. concluded Friday, The existing highway between
<br />semer Securities Corp. of New apparently clear the way for the Newnan and Fayetteville bisects
<br />York to form Peachtree Corp. first stages of the devell.>pment the proposed development. It
<br />of Georgia. The new organization of Georgia's first completely pre~ also lies near State Highway 85.
<br />will undertake to create a "dream planned city. Immediate plans call for group~
<br />city" ou~ of 16,000 aC:res of wiI. Peachtree City's 23-year-old lng homes, stores. schools and
<br />derness III Fayette County. mayor, Joel H. Cowan, said con- churches around the lake. The
<br />.Deve1opers cIslm the area has I struction will start this fall on a industrial park is planned !;ome
<br />a potential population of 75,000 01' J 450-acre lake that will be the distance away, on more level
<br />:p€rhaps even 1\10,000. cent~r of the town. By spring, land near the Atlantic Coast Line I
<br />The proposed municipality was lots will be offered for sale as Railroad. :
<br />chriswned Peachtree Cit~r at the ~Qrz:te sit~s. De:'eIQpe~s are }1e,go~ . .. * \
<br />time of its legal birth in the G~n- tIatI~g WIth busmess. fmns for tl~c
<br />eral Assembly this year. 1t now locatIon of plants In the town s
<br />exists only on paper, its charter proposed industrial park.
<br />granted by the Legislature. 1\-1r. CO\val1 emphasized that
<br />*' . . Peachtree City will be a pre-
<br />planned town, not a prebuilt one.
<br />Lots will be sold to individuals,
<br />builders and subdivision devel~
<br />opel's.
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