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MED Developers to develop Savannah multifamily property
Transactions - APRIL 27, 2021

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MED Developers to develop Savannah multifamily property

by Released

MED Developers has plans to develop The Lowe, a 135-unit multi-housing development to be built in Savannah, Ga. MED received $24 million in financing for the project.

The Lowe is located at 1500 Montgomery St. in the historic Victorian District of Savannah. This location is within walking distance of the Savannah College of Art and Design, as well as numerous parks, retail and entertainment areas within the historic district. In addition, residents will have easy access to Interstates 16 and 95, providing regional connectivity.

The community will consist of a four-story, podium-style building boasting best-in-class amenities, including a pool, clubhouse, fitness center and outdoor grills, and it will be one of the few properties with secured tenant parking in the submarket.

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