While describing it as “the new Buckhead of Gwinnett County” might be overblown, there’s no denying historic downtown Duluth has blossomed into a walkable culinary destination in recent years, especially with the likes of Good Word Brewing, Noona Meat & Seafood, and other local boutique options in the expanded Parsons Alley district.
Hoping to capitalize on proximity to that action—and more to come—is a sizable injection of luxury rentals set to break ground a few blocks away, on the opposite side of Buford Highway.
PointOne Holdings and The Residential Group have secured financing and are preparing to jointly develop 256 Class-A apartments at the corner of Buford Highway and Davenport Road in Duluth, on the western flank of quickly growing Gwinnett County, the second largest in Georgia.
Residential Group principal Kurt Alexander described the location, roughly 30 minutes from downtown, as “the strongest submarket in Atlanta” in a statement submitted to Urbanize Atlanta today.
Along with walkability to Duluth’s eats, shops, and parks, the garden-style complex will feature a resort-style pool with a fire pit and grilling areas, a large clubhouse with a coworking hub and cybercafe, plus a fitness center and, for Fido, a dog park and pet spa.
Inside the flats, expect stone countertops, “designer cabinetry,” stainless steel appliances, and “hardwood-style flooring,” officials said.
The project “is exceptional due to its walkable access to downtown Duluth, which we consider to be the best possible amenity to a multifamily property in a suburban market,” noted Ben Colonomos, a PointOne Holdings managing partner. With headquarters in Atlanta and South Florida, the real estate investment firm now counts almost 2,700 units under construction across nine different properties.
In Duluth, all units will have one or two bedrooms. We asked for details on pricing, but it’s early in the process, and that info wasn’t provided.
The first flats are expected to deliver in summer 2022.
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