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Transactions - JANUARY 30, 2024

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ECI Group JV breaks ground on $76m class A apartments in Lawrenceville, Ga.

by RELEASED

ECI Group, with joint venture partner the Griffin Fund, has started construction on the Averly Collins Hill, a $76 million, eight-building, 300-unit, class A apartment development on 22 acres at 700 Collins Road in Lawrenceville, Ga. ECI Construction is the general contractor, and construction financing was provided by Synovus.

The three-story, garden-style residences will complement a planned 55-plus active adult housing and a commercial component to be developed by others in the Lawrenceville Gateway development. The Averly Collins Hill will deliver concurrently with the nearby 15-story Northside Hospital Gwinnett tower that is bringing 3,000–5,000 jobs to its location.

The Averly Collins Hill will feature amenities such as a 7,000-square-foot clubhouse with clubroom, gathering spaces, fitness center, remote work area, large dog play area, pool with cabanas, a coffee bar and more.

One-, two- and three-bedroom floorplans will be available and will feature ope

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