A residential developer with a long track record in Atlanta is moving forward with a unique housing venture in Cobb County that wouldn’t look out of place on a college campus.
Atlanta-based Novare Group and partners BCDC and PointOne Holdings recently broke ground on an Acworth luxury apartment community that’s expected to span more than 20 acres along Ga. Highway 92.
The site is located between Interstates 75 and I-575, due north of Kennesaw State University and just east of downtown Acworth, a Cobb city with a population of roughly 23,000 on the banks of an eponymous lake.
As with other projects that’ve blipped the radar recently in places like Cartersville, the Acworth development is geared toward filling a void of apartments in the I-75 north corridor. The area has logged “remarkable” job and population growth in recent years, but apartment construction has failed to keep pace, according to Novare and company.
Plans call for 330 residences total, including 20 carriage homes with private garages.
Perks will include a range of greenspaces for active and passive outdoor uses—including a centralized green, pictured below—in addition to amenities described as “state-of-the-art.”
Located at 5950 Highway 92, the unnamed project’s first units are scheduled to come online in October next year.
It marks the 38th joint-venture between Novare and BCDC, formerly Batson-Cook Development Company. Dynamik Design is the architect, Status Construction is general contractor, and City National Bank provided debt financing.
The location’s access to I-75 and I-575 will offer what the development team describes as “a convenient commute to major employers in metro Atlanta.”
“This luxury apartment community in Acworth represents a significant opportunity to contribute to the city’s growth,” said Litt Glover, BCDC president and CEO, in a prepared statement, “while providing residents with a sophisticated and modern living experience.”
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