Solis Downwood Construction Underway

Solis Downwood

Another luxury apartment building has begun construction in the Buckhead submarket. Located on Downwood Circle between Howell Mill and Northside Parkway, Solis Downwood will cost developer Terwilliger Pappas Multifamily Partners an estimated $50 million to complete and will incorporate a lavish amenity base, including a pet park, game room, cyber café, saltwater pool. TerwilligerPappas has underwritten $1.85 PSF rents for this project, but many speculate that the area and amenities could result in rents closer to the $2 PSF mark. This development will be TerwilligerPappas’s first in Atlanta, but general contractor Brasfield & Gorrie has several projects underway in the Buckhead submarket alone.

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