Construction Underway at Parkland Springs Build-to-Rent Community
Wednesday, January 13th, 2021
Parkland Residential, a new homebuilding company focused on creating build-to-rent communities, continues construction progress at Parkland Springs its first build-to-rent community in Lawrenceville. Site development is complete, and construction has started on the first two buildings.
“All rentals do not need to be apartments. I realized offering build-to-rent communities like Parkland Springs in exceptional locations would provide a solution to the missing middle housing problem,” Parkland Residential President Jim Jacobi said. “Renters in this community are going to enjoy a fantastic location with trendy restaurants, retail and the best schools nearby.”
Parkland Springs is located at 1510 Duluth Highway in the highly coveted Peachtree Ridge High School district and includes an abundance of park space. This unique townhome product offers 58 opportunities for renters looking to be in the center of it all in Lawrenceville. The rear entry stacked townhomes offer two or three bedrooms including a large owner’s suite with a walk-in closet and an impressive bathroom with dual vanities, plus a one-car garage. The spacious open floorplans feature large kitchens that open onto oversized family rooms with covered outdoor living, perfect for entertaining family and friends.
Three-bedroom units offer two-and-a-half baths plus a loft with 1,950 square feet of living space. Two-bedroom units offer 1,630 square feet of space. The monthly rent for townhome units will range from $1,900 to $2,200 per month. A VIP list is available for those interested in getting their name on the list, simply call 404-242-2739 or email email@example.com.
Parkland Residential is focused on the underserved missing middle market. The concept of missing middle is defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence but is really a duplex, quad, eightplex or more. Missing middle housing goes hand-in-hand with affordable housing. Many consumers want to live near work but cannot afford to and having other options for housing is important.
Parkland Residential is a build-to-rent home builder based in metro Atlanta. With a goal of providing affordable missing middle housing in locations where consumers want to live, Parkland Residential plans to build many build-to-rent communities over the next several years.
Parkland Communities, Inc., the sister company to Parkland Residential, is a privately-owned multifaceted real estate development and investment firm specializing in residential properties. With over 20 years of experience in the industry, Parkland Communities Inc. uses the latest market data, technology and established relationships to strategically secure new development opportunities in Atlanta’s most desirable locations. The company’s hands-on philosophy has made it a proven leader in the industry with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.
For more information on Parkland Communities, visit www.Parklandco.com.