Publications

Transactions - JANUARY 31, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

The Allen Morris Co. breaks ground on mixed-use rental community, receives $64m loan

by Andrea Zander

The Allen Morris Co. has broken ground on Bryn House, a mixed-use rental community in North Druid Hills, Ga. The project recently closed on a $64 million construction loan.

The five-story project is expected to be completed in the spring of 2023.

The mixed-use property is scheduled to have 574,479 square feet of buildable space, and include a mix of one- to three-bedroom floorplans, a 175,000-square-foot parking deck, as well as 2,000 square feet of ground-floor retail space. Amenities at the complex are expected to include an onsite dog park, elevated pool deck with cabanas and trellised grilling areas, plus a gym, game room and event space.

“With the expansion of the Emory & CHOA medical campuses, the North Druid Hills corridor is poised to become a world-class medical & bioresearch hub. As a result, we believe there’s a distinct need for high-quality rental housing in the neighborhood that isn’t currently being met,” said Spencer Morris, CIO o

Forgot your username or password?