PointOne Holdings and The Residential Group announced plans this week to develop SODO, an apartment community set to rise as Phase II of The District at Duluth.
The 256-unit, garden-style luxury residential community will include a large clubhouse with a co-working center and cybercafé, according to the press release.
The property also features a resort-style pool with a fire pit and grilling areas, a fully-equipped fitness center and a dog park and pet spa. High-end finishes such as stone countertops, designer cabinetry, stainless steel appliances and hardwood-style flooring are expected in each of the units.
“We look forward to beginning another successful project in the strongest submarket in Atlanta and are honored to work with a group the caliber of PointOne Holdings,” Kurt Alexander, Principal at The Residential Group, said in the press release.
PointOne Holdings Managing Partner Leo Peicher said it was the “exceptional location” that drew both parties to the joint venture.
“We have an excellent site in one of the fastest-growing markets in metro Atlanta and a developer-partner with a long-established and consistent track record,” he said in the press release.
Site acquisition and financing for the project was reportedly recently closed and construction is expected to be underway, with first units delivering in the Summer of 2022.
“This 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,” said Ben Colonomos, PointOne Holdings Managing Partner added in the press release.
