#United States #Atlanta #NEWSTAR #Braselton #Red Cedar Homes

NEWSTAR's New Neighborhood Development in Atlanta

NEWSTAR has taken an exciting step in the real estate landscape by announcing the acquisition of a 19-acre parcel of land located northeast of Atlanta. This strategic acquisition is set to kick off the development of a vibrant new single-family rental neighborhood tailored to meet the needs of modern living.

Development Overview

The upcoming community will feature a total of 133 homes, designed with convenience and comfort in mind. Among these, 87 homes will be spacious four-bedroom units equipped with two-car garages, while 46 homes will consist of three-bedroom layouts offering one-car garages. Each home is designed with quality in mind, featuring stylish brick facades complemented by Hardiplank materials for side and rear walls.

Residents can look forward to spacious, fenced-in backyards that have been meticulously sodded, providing a green oasis for relaxation or recreation. Interior features will include quartz countertops, walk-in pantries for extra storage, framed mirrors, high-end stainless steel kitchen appliances, and tiled backsplashes that enhance the culinary experience. In addition, luxury vinyl plank flooring will be a prominent feature in the living areas and bathrooms, ensuring both style and durability.

Key Collaboration

NEWSTAR has partnered with Red Cedar Homes for this project, pooling expertise to deliver high-quality living spaces that meet community needs. According to Jason Frost, Chief Development Officer for NEWSTAR, the goal is to create a neighborhood that promotes an excellent quality of life. “We are looking forward to delivering high-quality homes for the Braselton community,” he stated.

This suburban area is known for its exceptional private and public schools, attractive retail options, and access to a recently expanded major hospital. The neighborhood’s proximity to Lake Lanier offers residents a perfect blend of recreation and community activities, making it a desirable location for families and individuals alike.

Financial Backing

Construction financing has been arranged through the esteemed Patterson Real Estate Advisory Group, with First Carolina Bank stepping in as the construction lender. This robust financial backing underscores confidence in the development’s potential.

Construction Timeline

As for the construction timeline, work is projected to begin in the third quarter of 2025. The first homes are expected to hit the market by Spring 2026, providing eager tenants and potential buyers with attractive rental options and living spaces. This timeline marks an essential milestone for NEWSTAR as they strive to enhance suburban living through well-planned neighborhoods.

Conclusion

NEWSTAR's initiative to develop this single-family rental neighborhood signifies a shift towards modern, suburban living with a focus on quality and community needs. With ready access to utilities, schools, and recreational facilities, this neighborhood is set to elevate the living standards for current and future Atlanta residents. As the project unfolds, it will undoubtedly contribute to the rich tapestry of suburban life in Georgia while addressing the growing demand for quality rental homes. Stay tuned for more updates on this innovative community development!