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“JV Building Atlanta-Area Apartments Valued at $76M”

"JV Building Atlanta-Area Apartments Valued at $76M"

ECI Group and The Griffin Fund have commenced construction on The Averly Collins Hill, a luxurious apartment complex in Lawrenceville, GA. With an estimated cost of $76 million, this Class A development will span over 22 acres and consist of eight buildings with a total of 300 units. Synovus has provided a generous $46 million construction loan for the project.

The three-story garden-style residences will be situated near a new 15-story hospital tower that is expected to bring in approximately 5,000 individuals to the area. Among its many amenities, The Averly Collins Hill will boast a state-of-the-art clubhouse spanning over 7,000 square feet featuring various gathering spaces and fitness facilities as well as remote work areas for residents’ convenience. Additionally,the property’s expansive pool area complete with cabanas and lush greenery adds to its appeal along with other features such as coffee bar services and private porches for each unit.

Conveniently located next to University Parkway (SR-316)and Collins Hill Road,this development offers easy access to major local employers including Northside Hospital Gwinnett,Gaorgia Gwinnett College,and Rowan technology research project which spans across an impressive2 ,000 acres.The nearby Walmart Supercenter-anchored shopping center also provides added convenience for residents.With all these attractive features combined,it’s no surprise that ECI GroupandThe Griffin Fund are confident about their latest venture-TheAverlyCollinsHill apartmentsin Atlanta.

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