Wild read about Fayette County developer, Thomas D. Reese

The saga of Fayette County developer, Thomas D. Reese, and Southern Community Bank is chronicled on the AJC site by Russell Grantham.  At one point, Reese was worth $57 million.  By his own estimate, he is worth less than $500,000 now.

One of his last projects was called McIntosh.  It was proposed to include around 3,000 homes on over 1,500 acres.  In April 2009,  an entity related to the Church of Latter-Day Saints or Mormons purchased the acreage.

Share

Advertisements