MIAMI – JULY 26, 2022
South Florida Real Estate Firm PointOne Holdings has launched the development of Downtown Kennesaw Apartments, a 326-unit luxury multifamily residential community located in Kennesaw – Metro Atlanta, Georgia.
The Downtown Kennesaw Apartments will feature 3 and 4 story garden-style multifamily buildings and will be developed in the high barrier-to-entry city of Kennesaw, a well-established Metro Atlanta suburb located 12 miles northwest of the city’s central 285 Perimeter highway. The property will be part of a 19-acre mixed use master development which will include 44 for-sale townhomes, 10,000 square feet of retail and a linear park, all walkable to Downtown Kennesaw’s restaurants, breweries, and shops. The community will have extraordinary access to large universities and hospitals as well as to Atlanta’s central business district.
Downtown Kennesaw Apartments is the second project in the $155 million POH 9 Portfolio capital raise.
“We are excited to build another top-of-the-market multifamily community in the Metro-Atlanta submarket. Kennesaw is one of the fastest growing Atlanta suburbs and we are confident that this will be one of the premier multifamily communities in this submarket,” PointOne Holdings Managing Partner Ben Colonomos stated.
Construction is starting soon with first units delivering in Q4 of 2023.