Lincoln Ventures has closed on a development site at 558 West Broad in Athens, Ga. The multifamily, student-oriented development is located northwest of the University of Georgia campus.
With seven stories, and a mix of one- to five-bedroom floor plans comprising 342 units and 750 beds, construction is set to begin in June 2022 and deliver in the fall of 2024.
Totaling nearly 600,000 square feet, the mixed-use property will focus on fostering community interaction among residents through an activated ground floor, a full-service coffee shop, a pool and wellness center, and a resident lounge. The property will also feature a ground-floor study lounge with private study rooms and a fitness center with yoga and spin studios. Additional amenities will include bike storage and a pet grooming station. Sitework is scheduled to begin this month.
"Our proximity to the University of Georgia, one of the largest top-tier research-oriented institutions in the country, and th
