ATLANTA, GA - Alliance Residential Company, one of the largest multifamily developers in the nation, has purchased 9.23 acres at 5672 Peachtree Parkway in Peachtree Corners, Georgia, to develop Broadstone Peachtree Corners, a 295-unit luxury apartment community that will include 26 for-sale townhomes. Designed by Brock Hudgins Architects, Broadstone Peachtree Corners will welcome first residents in fall 2023.
“City planners call Peachtree Corners ‘Silicon Orchard’ thanks to substantial investments from technology companies to open innovation hubs and deploy 5G infrastructure throughout city,” said Alliance Residential Managing Director Noah Randall. “We know that housing is in high demand here and we’re excited to bring our Class A Broadstone brand to this unique city. This community will be the connecting fabric between the 11-mile trail, Corners Connector, and nearby jobs and retail centers.”
Broadstone Peachtree Corners will include a 5-story building with 295 studio-, 1- and 2-bedroom for-rent apartments, 26 for-sale townhomes, and an amenity hub located in a restored and converted existing office building.
Broadstone Peachtree Corners apartments will feature 9-foot ceilings, stainless steel appliances, custom cabinets, and wood-style flooring. The community will have both welcoming amenities and the type today’s workforce needs when working from home: a resort-style pool, clubroom, fitness center, coffee shop, dog wash, maker and content creation spaces, and a co-working lounge.
“We’re proud to be part of forward-thinking Peachtree Corners, the newest and largest city in Gwinnett County with more than 45,000 residents,” said Randall. “The forward-thinking initiatives implemented by city leadership that led to the evolution of industries in Peachtree Corners laid the groundwork for what we believe will continue to be a vibrant community. The spirit of innovation and collaboration championed by the city allowed us to design a project that is truly special for the Peachtree Corners of today and tomorrow. For example, their focus on innovative projects, from teleoperated e-scooters and autonomous shuttles to a solar roadway and the largest EV charging hub in the region, make this a community we are thrilled to join.”
About Alliance Residential Company: Alliance Residential Company is one of the largest and most active rental residential real estate developers in the United States. Headquartered in Scottsdale, Arizona with 19 regional offices, Alliance is focused on the development, construction and acquisition of residential communities across 17 states and 33 metropolitan markets. Alliance develops high-end Broadstone multifamily communities, Holden senior housing communities, and workforce housing properties through its Prose brand. For more information, visit www.allresco.com