JV Plans Georgia BTR Project
The townhouses will be located in suburban Atlanta.
A joint venture of PCCP and FIDES Development are planning a ground-up townhouse build-for-rent community in Sugar Hill, Ga., a suburb of Atlanta.
Situated at 1091 Level Creek Road, the community, City Walk at Sugar Hill, will be a Class A, 132-unit development. Delivery of first units and amenities at the fully entitled project is slated for October of 2025, with construction completion scheduled for May 2026.
Spread across 14.6 acres, City Walk at Sugar Hill will offer renters seven floor plans. Among them will be six three-bedroom options and one four-bedroom option. Features and finishes of residences will include quartz countertops, ceramic tile backsplashes, smart locks, luxury vinyl plank flooring throughout and smart home tech package. Connectivity to the Gwinnett County Greenway and Sugar Hill Town Center are among the amenities offered.
Sugar Hill Town Center offers local retail and dining, as well as an outdoor walking area and amphitheater offering a summer concert series.
Access to Atlanta
City Walk at Sugar Hill is approximately 30 miles from Buckhead, Ga., and 38 miles from downtown Atlanta. The community will offer connectivity to Highway 20 and Interstate 85/985. The project will stand along Peachtree Industrial Boulevard, the immediate region’s major north-south thoroughfare. Residents will have access to each of the primary local and regional job hubs dotting the county’s I-85 corridor.
These employment centers include a number of Fortune 1,000 companies, among them AGCO, Asbury Automotive Group and Primerica. Also nearby is more than 180 million square feet of industrial space spread across Gwinnett County. The county’s suburban ambience and strong school systems are also a draw for residents.
Several months ago, Viking Capital acquired Dawson Forest, a rental community in the Atlanta suburb of Dawsonville, Ga., for $52 million and announced plans for value-add enhancements.