More Multi-Family in Buckhead

Alliance

Phoenix-based developer Alliance Residential has just closed on two parcels of land they plan to develop into more than 400 luxury apartment units. The first site will include 186 units and is located off Peachtree Battle Ave and Peachtree St next to Regent’s Park; construction is set to begin immediately. The second site is off Maple Drive in Buckhead Village; although 2 small office buildings and a restaurant currently sit there, Alliance plans to develop a 250 unit apartment complex with construction starting later this year. Names have not been given to these two developments as of yet, but most speculate both properties will seek rents between $1.60 and $1.80 PSF.

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