**Develop Fulton Approves $149M Bond for Sandtown Village Mixed-Use Development**
Develop Fulton’s Board of Directors has approved a $149 million bond to support Hutch Development’s new mixed-use project, Sandtown Village, located along the Campbellton Road corridor in South Fulton. Hutch acquired the 58-acre site in October 2024 for approximately $3.8 million.
The upcoming development will feature around 288 apartment units alongside up to 120,000 square feet of commercial and retail space. Upon completion, the project is anticipated to generate approximately 366 full-time jobs, 191 part-time jobs, and 1,800 construction jobs—bolstering the local workforce and expanding the area’s commercial amenities.
Over the life of the incentive period, Sandtown Village is expected to contribute more than $16.5 million in annual tax revenue. Additionally, the South Fulton Downtown Development Authority approved a $9.7 million allocation for the project in late 2024.
Hutch Development most recently completed a 299-unit multifamily project in Charlotte, demonstrating its ongoing commitment to urban revitalization and housing expansion across the Southeast.
