(To read more on the multifamily market, click here.)
ATLANTA-The first phase of Georgetown at Perimeter Walk, an88-unit townhouse and carriage house development, is scheduled tobe completed by the end of the year. The first phase will include32 units in four buildings.
The project is being developed by Richard Aaronson SignatureHomes, Atlantic Realty Partners' for-sale division. Constructionbegan in April and the sales center will open in September. Thesell-out value of the project will be $28 million. "So far we'vehad an incredible response to the project," project manager AndreaDunlop tells GlobeSt.com. "We're hoping that the first phase willbe completed by the end of the year and we'll begin the secondphase at the beginning of 2007."
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