August 20, 2019— Multifamily developer and investment firm Pollack Shores Real Estate Group announced today that it purchased the land for The Everett, a new mixed-use apartment community located at 4255 Suwanee Buford Dam Road in Suwanee, Georgia. The development is located within walking distance of Suwanee Town Center, Brushy Creek Greenway and numerous other walking and biking trails in one of metro Atlanta’s fastest-growing suburbs.
Pollack Shores will break ground on The Everett this month, with first units scheduled to deliver in August 2020. The 276-unit community features a 2-acre greenspace and a mix of street-level retail and restaurants that complement the Town Center. The project addresses growing demand for walkable communities that blend urban-style amenities with suburban convenience.
According to a recent report by the Atlanta Regional Commission, Gwinnett County’s population continues to outpace the rest of metro Atlanta, with more than 400,000 people expected to move to the county in the next 20 years. Suwanee is a popular choice for many new residents, with the city making multiple appearances on CNN Money’s annual “Best Places to Live” national ranking.
“Pollack Shores focuses on building communities that join residents with vibrant neighborhoods like that of Suwanee,” said Steven Shores, President and CEO of Pollack Shores. “We believe these intentional connections to walkable retail, restaurants and greenspace offer a higher quality of life for our future residents.”
Less than a ten-minute walk away, the award-winning Suwanee Town Center and 10-acre green includes more than 100,000 square feet of retail space and 87,000 square feet of office space, along with large open areas, an interactive fountain and a performance stage with a 1,000-seat amphitheater. Suwanee Town Center hosts numerous festivals, farmers markets and concerts throughout the year, including the annual Suwanee Fest that attracts approximately 40,000 people the third weekend of every September.
The Everett is located across the street from the entry point to Brushy Creek Greenway, a 10-foot wide, paved, multi-use trail that’s part of the city’s existing greenway system. Pollack Shores will extend the trail adjacent to the new community and provide direct access for residents.
“The ability for residents to enjoy immediate access to Brushy Creek Greenway and link up with more than 16 miles of Suwanee and Gwinnett County walking and biking trails is a differentiator,” said Brian Oates, Managing Director of Development at Pollack Shores. “We’re excited to become a part of the community, and anticipate great interest when pre-leasing commences next year.”
The Everett will include one, two and three-bedroom units ranging in size from 719 square feet to 1,419 square feet. Each apartment home will have granite countertops, stainless steel appliances and a mixture of vinyl-plank wood and carpet flooring. Amenities will include a state-of-the-art fitness center, an upscale swimming pool with pool deck and a clubhouse.
Pollack Shores, known for acquiring, developing, managing and investing in best-in-class multifamily communities, is currently active in Atlanta, Orlando, Tampa, Jacksonville, South Florida, Raleigh, Charlotte, Charleston, Dallas, Austin, Denver, Nashville and Richmond. The firm is also the parent company of property management firm Matrix Residential, which has nearly 35,000 units under management across eight states.