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December 21, 2020 Comments Off on JV Breaks Ground on $65M MXU Project in Doraville Views: 711 Atlanta, Atlanta News, Top Atlanta

JV Breaks Ground on $65M MXU Project in Doraville

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A joint venture comprised of Kaufman Capital Partners and Atlantic Residential have broken ground on the $65 million Lumen Doraville development located at Peachtree Industrial Boulevard and Tilly Mill Road in Doraville.

The project is the redevelopment of two thirds of a 130,000-square-foot retail center, The Village at Tilly Mill Crossing, which was situated on approximately 14 acres. The new development includes two buildings containing 320 apartment units, as well as approximately 3,500 square feet of ground floor commercial space. The Kaufman/Atlantic joint venture closed on the deal to purchase the property on November 23, 2020.

“Three years ago, we had a vision to transform this underutilized property into a modern development that truly serves the needs of Doraville residents while acting as a catalyst for growth in the corridor,” said Garry Sobel, senior vice president at Kaufman Capital Partners. “This collaborative effort would not have come to life without the support of the City of Doraville, its Mayor, Planning Commission, City Council and the Doraville Downtown Development Authority.”

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