The Worthing Companies Announces Project in Atlanta

The Worthing Companies Announces Project in Atlanta

ATLANTA, GA - The Worthing Companies has commenced construction on The Heights at Brookleigh, a $27,530,000, 205-unit, luxury urban apartment community in the Brookhaven area, just outside of the Chamblee city limits. Located at 2248 Johnson Ferry Road, Atlanta, DeKalb County, Georgia, The Heights at Brookleigh is the second project capitalized and closed by Worthing in the past month. The company's Heights at Stillhouse Ridge project is also under construction in Vinings. Both the Brookleigh and Stillhouse Ridge projects represent the "next generation" in class 'A' mid-rise urban apartment living developed by Worthing in metro Atlanta. The Heights at Brookleigh will have elevations and architectural details consistent with DeKalb County's pedestrian-oriented mixed use designation, with a combination of flat and pitched roofs with brick and stucco exteriors. The location, near the intersection of Johnson Ferry and Ashford Dunwoody Roads, is ideally situated and oriented around a centrally-located open greenspace park, which will be owned by DeKalb County and maintained by the Brookleigh Owners Association. Brookleigh is also bisected by a Path Foundation trail which winds through the redevelopment and will allow residents to walk or bike to Blackburn, Keswick and Murphy Candler parks.

The new development is being constructed to Class "AA" standards consistent with Worthing's prior projects, offering the latest in upgraded interior unit features (in 27 different floor plans).  Community amenities will include controlled-access entry gates, a well-appointed clubroom, kitchen with outdoor dining area and cyber lounge (with wireless, high-speed Internet), large-screen television, fitness room, business center, computer facilities, a resort-style swimming pool with grilling area, and a car wash facility.

"With both Brookleigh and Stillhouse Ridge under construction, Worthing is leading the new wave of cutting edge apartment development in Atlanta," says The Worthing Companies' Founder, Chairman and CEO John Echols.  "Brookleigh continues our long term commitment to finding unique sites that tell a compelling story; sites that will produce smart investment opportunities for both Worthing and its partners."

Darin Collier, President of The Worthing Companies, noted "The multifamily markets are experiencing a strong recovery and fundamentals continue to improve. We are very pleased to have two development projects underway in Atlanta, and continue to pursue additional opportunities in various target markets.  A great deal of thought and foresight has gone into the planning of both Brookleigh and Stillhouse Ridge, and we anticipate strong returns from both of these assets."

Since 1986, Worthing has been a market leader in multifamily development and management. Headquartered in Atlanta, Georgia, Worthing is among the most active privately owned real estate companies in the Southern United States.  Specializing in the development of Class "A" institutional quality multifamily properties, Worthing is a vertically integrated company strategically focused on executing new development opportunities in select Sunbelt growth markets in Georgia, Texas, Florida and the Mid Atlantic Region.  With more than 25 years of experience in the industry, Worthing has successfully developed more than 30,000 units with costs in excess of $2.8 billion.

Source: The Worthing Companies

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