The Southeast was one of the most active geographic markets for the construction industry this year. According to a report from StorageCafe, Atlanta takes the top spot for most active city for apartment construction followed by Charlotte, North Carolina, and Nashville, Tennessee, in the fourth and sixth spots. Our company has been no exception to this trend with 12 multi-family projects completed or underway in Alabama, Georgia, North Carolina, and Tennessee this year.
In Atlanta, we’re nearing completion on an affordable housing community called Thrive Sweet Auburn. Located on the site of Atlanta’s iconic Coca-Cola billboard, this unique project combines 117 affordable apartment units with 11,000 square feet of ground-floor office space. Construction will wrap up this winter, and we are pleased to provide more affordable housing near downtown Atlanta.
In Charlotte, we’re underway with Mallard Creek, which will incorporate 397 apartment units across five apartment buildings and 10 townhome-style buildings. The property will offer generous amenities including a fitness center, yoga studio, co-work lounge, hobby room, market, and outdoor swimming pool. Completion is expected for March 2024.
In Nashville, where our newest regional office is located, we’re building Novel Harpeth Heights, an NGBS Bronze development that will incorporate 322 apartment units. Named the top U.S. market to watch for overall real estate prospects by ULI, Nashville is a market that we’re very excited about.
In Huntsville, Alabama, we recently completed Laurel at Dry Creek, a 343-unit community with 16 apartment and townhome buildings and more than 7,000 square feet of amenity space including a swimming pool with cabanas, pickleball courts, and a hammock garden.
With 50 multi-family projects totaling more than 11,000 units built across the Southeast since 2005, our firm is well positioned to help meet the housing demand of these growing cities. As we begin the new year, we look forward to maintaining our strong presence in Georgia, as well as continuing to grow our presence in the Carolinas, Alabama, and Tennessee.