Groundbreaking Ceremony for $60M Mixed-Use Development in Richmond Hill, GA

ECI Group Celebrates Groundbreaking of The Averly Richmond Hill



On August 20, 2025, ECI Group (ECI) marked a significant milestone with the groundbreaking of The Averly Richmond Hill, a mixed-use development priced at $60 million. This ambitious project is set to reshape the landscape of Richmond Hill, GA, offering a blend of commercial retail spaces and residential units. It highlights strategic growth in one of the fastest-growing areas of the Savannah Metropolitan Statistical Area (MSA).

A Glimpse into The Averly Richmond Hill


The Averly Richmond Hill will comprise 291 residential units, featuring a mix of 243 apartments ranging from one to three bedrooms, and 48 townhomes equipped with two-car garages. This unique development aims at providing high-quality living spaces, characterized by modern designs and amenities tailored for today’s residents. Each unit will boast open-concept layouts, upscale finishes, and private outdoor spaces, ensuring comfort and convenience for all inhabitants.

The residential component is complemented by 3.5 acres of retail pad sites positioned prominently along Ford Avenue, providing excellent visibility and accessibility for future tenants. The contract for the retail development has been awarded to Colliers | Savannah, with Ashley Smith and Tyler Mouchet at the forefront of marketing this prime commercial estate.

Strategic Planning and Community Impact


The groundbreaking ceremony included remarks from Stephen Stover, ECI's Vice President of Development, who expressed enthusiasm about the project’s prospects. He highlighted the robust job growth within the Savannah MSA, particularly in the industrial and logistics sectors, alongside population increases in the affluent Richmond Hill area as vital indicators of the site's potential success. Stover remarked, “We feel strongly that continued job growth across the Savannah MSA, particularly in the industrial and logistics sectors, as well as population growth in the affluent Richmond Hill submarket, offer an exciting opportunity for retailers to locate on our site.”

Tyler Mouchet also emphasized the unique opportunities The Averly Richmond Hill presents for retailers. Given the area's rapid expansion, high visibility, and proximity to major employers like Hyundai and Gulfstream, the project is poised to attract a diverse clientele.

Amenities & Lifestyle


A standout feature of The Averly Richmond Hill will be its extensive amenities designed to elevate the lifestyle of its residents. Plans include an 8,400 square foot clubhouse that will offer a state-of-the-art fitness center, co-working spaces, a dog park, and two amenity courtyards alongside an expansive swimming pool. The facility promises to foster a sense of community among residents, creating a hub for social interaction and recreational activities.

Location and Accessibility


Strategically situated less than one mile from I-95, The Averly Richmond Hill will be integrated into the evolving retail and commercial landscape of Richmond Hill. The location offers direct access to major highways and is in close proximity to thriving job centers, enhancing the appeal for potential residents.

This development is not only a significant investment for ECI Group but also a notable addition to the Richmond Hill community, promising improved housing solutions and commercial opportunities in the region. With Richmond Hill being part of a growing suburb, the project reflects the city's commitment to advancing infrastructure and community services to meet the demands of its rising population.

Conclusion


As construction progresses, The Averly Richmond Hill stands out not just for its scale but its foresighted integration of residential and commercial spaces. ECI Group, with a robust history in the real estate market, is well-positioned to lead this transformative endeavor, bolstering Richmond Hill's status as a key player in the Savannah region's growth narrative. For ongoing updates about The Averly Richmond Hill and leasing opportunities, interested parties are encouraged to follow ECI Group's announcements and explore their official website for deeper insights into this promising development.

Topics General Business)

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