HAMPTON, GA. — Geosam Capital, a Florida-based investment firm and developer, will break ground in 2024 on The Grove, a 1,280-acre, mixed-use project in Hampton, about 36 miles south of Atlanta. The Grove will include approximately 7,000 residential units, ranging from multifamily complexes to single-family units and townhomes. A project cost and estimated completion date were not disclosed. Geosam has retained NELSON Worldwide and Falcon Design Consultants for land planning and civil engineering, Taylor English Duma and Hilliard Starkey Law for legal counsel and NV5 for traffic planning and engineering. …
ACWORTH, GA. — Penler has broken ground on Penler Cherokee, a 192-unit project in Acworth, located approximately 35 miles northwest of Atlanta. McShane Construction Co. is the contractor, which also recently completed The Parker, a 240-unit community in nearby Dawsonville, Georgia, for Penler. The new Acworth apartments will be constructed within eight two-story, garden-style buildings. Amenities will include a clubhouse, fitness center, pool and private garages for residents. The architect for the project is Dynamik Design. Penler Cherokee is slated for completion in August 2024.
ATLANTA — Locally based Crown Bay Group has acquired Cameron Run in southwest Atlanta for $35 million from an undisclosed seller in an off-market transaction. The 284-unit property was built in approximately 1972 and was 93 percent occupied at the time of sale. Amenities include a recently renovated fitness center, a playground, artificial-turf sports field and a dog park. Units are offered with one, two or three bedrooms.
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