SAVANNAH, GA-Batson-Cook Development Co. and Cortland Partnershave broken ground on a $35-million multifamily project inSavannah. The Two Addison Place development marks the first jointventure for the Atlanta-based real estate companies.

Community and Southern Bank, Kaufman Realty Group and NXTCapital, together with Batson-Cook Development and CortlandPartners, will finance the 325-unit development, which is scheduledto be completed in early 2013. In February, Batson-Cook DevelopmentCo. and Novare Group said they are proceeding ahead with theSkyHouse Midtown project. For the full story, go to Atlanta Business Chronicle .


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