Aventon Cos. Eyes Atlanta Project
A 300-unit development will be built on a newly acquired site.
Aventon Cos. has purchased a 16-acre lot in Lawrenceville, Ga., part of the Atlanta market. Aventon Exchange will be a 300-unit Class A community, situated on the northeast corner of Bulford Drive and Old Peachtree Road. The sales price was not disclosed.
The asset will feature one-, two- and three-bedroom apartments including wine racks, open shelving and European style cabinetry. Unit sizes will range from 757 to 1,543 square feet. Scott + Cormia Architecture designed the building of the Aventon Exchange while Studio 5 Interiors headed up the interior design.
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Community amenities will include a saltwater pool, a 12,000 square foot clubhouse, remote-working lounges, podcast and game rooms and a dog park. The parking lot will have electric vehicle charging stations.
In prepared remarks Ron Perera, senior managing director for Aventon Cos., said the firm looks forward to having more projects in the Atlanta region. In 2021, the firm sold its ground-up development, Aventon Park West, located in Savannah, Ga. In June, the company broke ground on a Raleigh, N.C., metro area 293-unit community.
Residents can expect Aventon Exchange to be completed in early 2024.