New real estate company to develop apartments on former food truck lot

A newly founded, Atlanta-focused, multi-family investment firm recently opened a 210-unit Class A community on the site of the former Atlanta Food Truck Park in the Upper Westside.

The Howell, as the development will be known, is located at 1850 Howell Mill Road. It will have one-, two-, and three-bedroom apartments, as well as coworking and retail or dining spaces when it opens in early 2024.

1850 Howell Mill Road in the Upper Westside. Courtesy of Google Maps.

The company behind the project, SHR Residential, is a newly formed subsidiary of Songy Highroads, an Atlanta-based real estate development and investment firm. It was created to acquire and develop multi-family real estate in the Atlanta area.

“SHR Resi” has been active in its first year of operation, having purchased the Arlowe townhouses in The Battery/Cumberland Galleria submarket and two apartment projects at Colliers Avenue and Defoors Road in the Upper Westside. He also purchased and redeveloped the 370-unit Biscayne Apartments community in College Park.

“We are excited to capitalize on SHR Resi and believe that recent market imbalances and price disparities create compelling opportunities for experienced and sophisticated investors,” Chairman Marvin Banks Jr. said in a statement. Press release.

The Howell was designed by Cooper Carry Architects and SHR Resi’s capital partner on the project is Walton Street Capital, while construction financing is being provided by Ameris Bank. Reeves Young is the general contractor and Rivers Residential will be the project manager.

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