- Published on Friday, 03 October 2014 15:46
ATLANTA, GEORGIA – Westplan has broken ground on Aspire North Druid Hills Apartments which will be a 310-unit apartment community on 7.2 acres in Executive Park. Westplan expects construction to be complete in the second quarter of 2016 and apartments to be available for rent in the fourth quarter of 2015.
The project will have significant visibility along Interstate 85 and is located near major employment centers and amenities such as Children’s HealthCare of Atlanta, Emory University and the Center for Disease Control. The community will provide residents with best in class finishes and amenities.
Rob Carter, President, stated “we are very excited about the development potential of this site and it is representative of the type of locations we’re pursuing. This community will have tremendous access to I-85 and North Druid Hills Road and will provide residents with a convenient location between Buckhead, Midtown and Emory.”
Westplan’s multi-family strategy is to continue to grow its portfolio in Georgia, Florida, Tennessee, Texas and North Carolina with investments in distinct development projects. It will also continue to dispose of some of its investments on a selective basis over the next 12 months to take advantage of the improved capital markets.
Westplan (www.westplan.com) is a privately held company that owns and manages twenty-eight apartment properties with over 8,000 units and a commercial portfolio of approximately 850,000 square feet.
For further information, please contact Rob Carter, President, at 770-390-9378.