Centrum, Sorelle to Break Ground on $85M Atlanta-Metro Apartment Project
A joint venture between Centrum Realty & Development and Sorelle Capital is preparing to launch its first of three planned projects in the Atlanta metro area, marking a significant milestone in their development efforts. The team is set to break ground on an $85 million apartment community located at 1801 E. Seventh Street, with completion expected in 2027.
The six-story development will feature 161 market-rate apartments, each averaging 1,100 square feet. Amenities planned for the project include a top-floor library and lounge, an outdoor terrace, a pool deck, a private courtyard, and a fitness center. Additionally, between 4,000 and 5,600 square feet of ground-floor retail space will be incorporated into the project.
BB+M Architecture is serving as the project’s architect, while Copper Collaborative acts as the general contractor. Retail leasing is being managed by Charles Thrift, partner at Thrift Commercial Real Estate Services.
Centrum acquired the five-parcel site in July 2023 for $8.5 million. This upcoming development marks the first step in Centrum and Sorelle’s broader vision for the region.
