Grubb Properties to Bring Residential Community to 10 Acres in Smyrna near Truist Park
Grubb Properties, a real estate fund manager focused on the essential housing space, has started the redevelopment of 2400 Lake Park Drive in Smyrna, GA. The site consists of an existing 105,000-square-foot, Class B office building and surrounding 9.7 acres of unused space that will become a mixed-use subdivided facility.
Charlotte, NC-based Grubb Properties’ plans include replacing much of an existing parking lot with a five-story, Link-branded apartment building that occupies 6.1 acres and features 277 units along with 16,000 square-feet of retail. Plans also call for the first section of a multi-use trail that could eventually extend south to The Battery, a mixed-use development built around the Atlanta Braves’ Truist Park.
“Grubb Properties is committed to transforming underutilized spaces into areas that can serve the communities in which they exist,” said Chris DeBerry of Grubb Properties. “Our goal is to not only develop an active neighborhood with increased retail activity, but to also provide the community the essential housing and transportation opportunities that will positively impact residents’ daily lives.”
- ◦Development