Three residential communities feature affordable, senior housing.
Swinerton, a leading general contractor with offices across the country, is making its mark on metro Atlanta’s housing market as the builder of three multifamily communities totaling $100 million in construction. Nearly 150 affordable housing units and 300 senior living residences will be added in Lawrenceville, Marietta, and Mableton, Ga. to supplement metro Atlanta’s “lagging affording housing inventory,” according to the Federal Reserve.
“Swinerton is well-suited to partner with residential developers – particularly those in the affordable and senior housing space,” explains Derek Mosiman, vice president, division manager, Swinerton’s Atlanta office. “Our strategic approach enables us to avoid the obstacles, challenges and delays that often plague multifamily projects. And our extensive resource network minimizes construction costs so that the development is also more affordable for the client.” Since 2018, Swinerton has built nearly 1,000 residential units throughout metro Atlanta, with almost 500 under construction or in the pipeline.
Demolition is complete, and preconstruction is underway at East Cobb Walk, Atlantic Residential’s redevelopment of the 15-acre retail site formerly known as Sprayberry Crossing. Swinerton is the construction manager for the $100 million redevelopment encompassing 132 senior living apartments and townhomes and 14,500 square feet of retail and office space. Swinerton also serves as the general contractor for the $30 million apartment build with an amenity-rich platform for seniors over 55 years old. Sitework for the entire development began in May. Designed by Atlanta-based Dynamik Design, the multi-phase project is expected to be complete fall 2024.
Multifamily housing continues to show growth and demand with 2023 proving to be another strong year for the sector’s supply, according to Yardi Matrix. Roya Vermillion, preconstruction executive, Swinerton, adds, “Our locally based, residential team takes pride in creating exceptional places to call home. Our expertise is tapped by some of Atlanta’s leading multifamily developers due to our careful consideration of design, local culture and community impacts. We offer owners a streamlined, collaborative process to deliver spaces that appeal to residents and the surrounding communities.”
Since expanding to the Southeast in 2018, the Atlanta Division has constructed $358 million of commercial and multifamily environments. The expert team of nearly 60 construction professionals specializes in aviation, corporate interiors, self-storage, senior housing and affordable multifamily housing.
About Swinerton Swinerton provides commercial construction, construction management, design-build, and self-perform services throughout the United States. Founded in 1888, Swinerton is 100% employee-owned and is the preferred builder and trusted partner in every market it serves—proudly leading with ownership, integrity, passion, and excellence. Swinerton is headquartered in Concord, CA, with regional offices in Spokane and Seattle, WA; Portland, OR; Boise, ID; Sacramento, San Francisco, Oakland, Santa Clara, Los Angeles, Santa Ana, and San Diego, CA; Honolulu, HI; Denver, CO; Dallas and Austin, TX; Atlanta, GA; Charlotte and Raleigh, NC; and New York, NY. For more information, please visit swinerton.com.
