ATLANTA, Sept. 19, 2019 /PRNewswire-PRWeb/ -- PointOne Holdings, industry leader in multifamily residential real estate investments throughout the Southeast and Texas, continues to tap into a growing demand for rental living.
Working alongside Brand Properties, PointOne Holdings broke ground on the construction of Sugarloaf Grove, a multifamily community in Gwinnett County, a high growth suburb of Atlanta.
The luxury residential community will be a 194-unit garden style complex. The community will include an expansive pool deck with outdoor cabanas, fully equipped fitness center, on demand technology, and dog park with dog wash facility. The development now rising at 1800 block of Duluth Highway will enjoy a daily traffic count in excess of 35,000 vehicles per day along Duluth Highway and will sit adjacent to a 75,000-square-foot center (tenants include L.A. Fitness and Rite Aid), and directly across the street from the Sugarloaf Mills shopping mall, which provides entertainment (Dave Busters, AMC Theater, Lunar Golf and Bass Pro Shops), big name clothing stores (Foot Locker, Forever 21, Nike Store), and a variety of food retailers (Starbucks, Subway, Cold Stone.)
Upon completion in late 2020, Sugarloaf Grove will be PointOne Holdings' third apartment building built in the metro area of Atlanta, bringing the company's total multifamily development portfolio to 1,800 units since 2017.
"We are excited to be breaking ground on our newest property in Atlanta." said Ben Colonomos, PointOne Holdings' managing partner. "With great partners and a promising high-growth location, we know this is a great investment opportunity and we will be able to develop high quality product that will aid in the growth of the region."
Gwinnett County is presently the second largest county in the state of Georgia with an estimated population of 920,260 according to the most recent United States census data. It has led the nine county Atlanta MSA over the past 46 years in population growth and is projected to continue that trend through 2020.
About PointOne Holdings
PointOne Holdings Development is a real estate investment firm headquartered in South Florida and Atlanta with properties located throughout the Southeastern United States and Texas. The firm owns and manages a diversified portfolio of residential and commercial assets valued in excess of $730 million. PointOne Holdings' principals are seasoned professionals with over 40 years of combined experience who have collectively conducted over $1.9 billion in real estate transactions. Lean more by visiting http://www.pointoneholdings.com
About the Brand Properties
Led by some of metro Atlanta's most seasoned real estate professionals, the Brand Properties is dedicated to bringing innovative and vital thinking to the real estate investment process. With decades worth of combined experience, Brand Properties has the unique ability to leverage long-standing relationships with brokers, property owners, and lenders to ensure premium quality development projects. By always considering our partners, colleagues, and consumer first and foremost, Brand Properties strives to deliver services that embrace its integrity, loyalty, quality, and passion for the real estate business.
SOURCE PointOne Holdings
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