An eight-building apartment venture is officially underway on the northern fringes of downtown Lawrenceville, adding to growth along a residential and retail corridor known as the Lawrenceville Gateway.
Called The Averly Collins Hill, the project by ECI Group and joint venture partner The Griffin Fund aims to capitalize on the momentum of Gwinnett County’s burgeoning county seat—and proximity to nearby Georgia Gwinnett College, the expanding jobs hub that is Northside Hospital Gwinnett, and even the titanic, 2,000-acre Rowen tech and research project to the east.
The Averly, designed by Atlanta-based Dynamik Design, is expected to deliver 300 Class A apartment units at a cost of $76 million, with the bulk of financing provided by Synovus. It recently broke ground on 22 acres at 700 Collins Hill Road, according to project leaders.
With density hardly reminiscent of Midtown, the apartments are being built in three-story, garden-style fashion, with a goal of complementing a planned 55-plus commercial and adult housing component by other developers in the Lawrenceville Gateway.
According to ECI reps, The Averly’s construction schedule calls for it to deliver alongside the 15-story Northside Hospital Gwinnett tower (among the tallest buildings in Gwinnett), where between 3,000 and 5,000 new jobs are expected to be located.
The Averly’s 300 apartments call for a mix of one, two, and three-bedroom floorplans.
Along with proximity to, say, Slow Pour Brewing Company and a forthcoming distillery, The Averly’s perks will include an onsite dog park, a 7,000-square-foot clubhouse, coffee bar, and a large pool with cabanas.
Follow us on social media:
• Lawrenceville news, discussion (Urbanize Atlanta)