Alliance Residential Company Acquires Over 3 Acres in Atlanta for Upcoming Broadstone Lola

Staff Report From Georgia CEO

Tuesday, March 10th, 2026

Alliance Residential Company, one of the largest multifamily developers in the nation, closed on 3.65 acres of land located in Atlanta for the development of Broadstone Lola, a 300-unit Class A luxury apartment community. The project is expected to welcome new residents in the summer of 2027.

Broadstone Lola will be strategically located within the highly sought-after Vinings/Smyrna submarket, just moments from The Battery Atlanta, Truist Park, and the Cumberland Galleria district. The surrounding area offers a walkable mix of national retailers, restaurants, and everyday conveniences. Major employers nearby include the Atlanta Braves, Comcast, GE Energy, Genuine Parts Company, HD Supply, The Home Depot, Papa Johns, and Truist Financial- reinforcing the area’s reputation as a dynamic center for innovation and business growth. Ideally positioned near The Battery yet located within the perimeter, Broadstone Lola offers direct access to the district along with seamless connectivity to major interstate corridors.

“Broadstone Lola represents a new standard for Atlanta living,” said Carter Brehm, Managing Director at Alliance Residential. “We're creating a community that matches The Battery's energy – sophisticated residences with cutting-edge amenities positioned at the center of Atlanta's most exciting mixed-use destination.

Designed by Brock Hudgins Architects, Broadstone Lola will offer floorplans ranging from 600-square-foot junior one-bedroom to 1,100-square-foot two-bedroom units. Interiors will include quartz countertops, premium stainless-steel appliances and plank flooring. Each home will feature nine-foot ceilings and a choice of two finish schemes in the kitchen and bathrooms, and decorative tile backsplashes.

Community amenities at Broadstone Lola will reflect a refined Parisian-inspired aesthetic, anchored by thoughtfully designed indoor and outdoor gathering spaces. Highlights include a resort-style saltwater pool and landscaped deck with grill stations, a curated grab-and-go market, a state-of-the-art fitness center, and a gaming lounge. The community will also offer a sophisticated clubroom with an indoor fireplace, private workspaces, and a conference room, along with secured garage parking with electric vehicle charging stations, dedicated bike storage, and a pet spa.

“With Broadstone Lola, we’re investing in the vibrant lifestyle and energy of The Battery,” said Austin Steele, Development Director at Alliance Residential. “Residents will enjoy elevated urban living in a district that brings together sports, entertainment, dining, and innovation- day and night.”