Atlanta & Southeast News In Your Inbox
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Novare Launches Residential Project in Powder Springs
Atlanta, GA-based Novare Group, with co-sponsors BCDC and PointOne Holdings, has broken ground on a town center multifamily residential project in Powder Springs, GA. It is the first phase of a development on 6.6 acres in the community’s downtown.
Synovus Bank is the senior lender, Humphreys & Partners Architects is the project’s architect and Stratus Construction is the general contractor. Kimley-Horn is the civil engineer.
The multifamily community will be within walking distance of the new Thurman Springs Park, the restaurants and shops along Marietta Street and the Silver Comet Trail. In addition, the Powder Springs Downtown Development Authority will own and develop a contiguous commercial development pad to complement the residential component of the mixed-use project.
The 226-unit multifamily project will span eight buildings — a mix of two-story carriage houses and three-story and four-story apartments.
- ◦Development

