On April 6, 2020, Kaufman Capital Partners secured approval by the City of Doraville’s Downtown Development Authority (DDA) for $19 million in incentives to develop a multifamily community at the Village at Tilly Mill Crossing shopping center. Kaufman Capital Partners reached an agreement with the city to invest $50 million into the project, which will transform the western gateway to Doraville with a Class A development estimated to attract over 400 new residents to the City. Of the numerous benefits proposed by Kaufman Capital Partners, the new development also will include some discounted “Hero Housing” units for members of the City of Doraville police force or staff.

According to Doraville City Councilman and DDA member, Andy Yeoman, “Kaufman Capital is making a significant investment in the future of Doraville. The project will not only create a new gateway for Doraville, but also set a high standard and act as a catalyst for future redevelopment activity.”

“We’re excited about the project and the opportunity to redevelop a blighted, underutilized strip mall,” said Luke Howe, director of economic development – City of Doraville. “We look forward to a productive partnership with the Kaufman team.”

The project will include two residential three to five-story buildings with up to 320 apartments and a mix of studios, one-, two- and three-bedroom units.

“This is a catalytic redevelopment project that has the potential to dramatically change the landscape, visibility and profile of Doraville at the intersection of Tilly Mill and Peachtree Industrial Boulevard,” said Garry Sobel, senior vice president – Kaufman Capital Partners.

“We’ve been working with the city for more than two years and they’ve been incredibly supportive of the project,” Sobel continued. “The final plan was a collaborative effort with Doraville’s Community Development Director, Planning Commission, City Council and now the Doraville Downtown Development Authority. We are excited to see the positive impact this redevelopment will have on the entire Doraville community.”

With potential challenges anticipated by the outbreak of COVID-19, Kaufman Capital Partners was granted an extension for substantial completion of the project to March 2023, which is being developed in partnership with Atlantic Residential. To learn more about the redevelopment, visit the Kaufman Capital Partners website.