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RangeWater Real Estate has started a $140-million, 50-acre residential community composed of both single-family and apartment homes in Lawrenceville, GA.

RangeWater Real Estate Starts $140M, 50-Acre Residential Development in Lawrenceville

RangeWater Real Estate has started a 50-acre residential community composed of both single-family and apartment homes in Lawrenceville, GA. The $140-million project includes The Mabry, a build-to-rent community with 156 single family homes and townhomes, along with The Margot, a multifamily community featuring 332 apartment homes.

The Mabry, part of RangeWater Real Estate’s Storia® build-to-rent platform, will deliver 156 detached single-family homes and townhomes, each with its own backyard or patio. Community amenities include pool, events lawn, a dog park and walking trail around a scenic pond.

The Margot will deliver 332 one- and two-bedroom units. Amenities will include terraced English garden and native plant meadow, infinity pool, outdoor kitchen, event space and two dog parks.

RangeWater Real Estate, a multifamily real estate company, closed on the acquisition of the property at the corner of Azalea Drive and Buford Drive in June of 2022 and simultaneously launched its new construction division, RangeWater Construction.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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