#United States #Atlanta #Wood Partners #affordable housing #multifamily communities

Wood Partners Expands Attainable Living Options in the Southeast

In a significant move to tackle the affordability crisis in housing, Wood Partners, a leading multifamily developer, has initiated construction on three new attainable living communities across the Southeast. At the forefront are projects in Palmetto, Florida; Nashville; and Atlanta, which all aim to provide upscale yet affordable housing options for residents in these rapidly growing markets.

The announcement came on April 16, 2025, when Joe Keough, CEO of Wood Partners, emphasized the company's commitment to creating valuable living opportunities. He stated, "Our recent expansion in the Southeast reflects our ongoing dedication to delivering upscale yet attainable housing that meets the burgeoning demand in these areas."

A Closer Look at the New Developments

Palmetto, Florida

One of the standout projects is located in Palmetto, featuring 246 units across four stories. This development will offer a range of apartment layouts including one-, two-, and three-bedroom options. Positioned strategically between major cities like St. Petersburg, Tampa, and Sarasota, residents will enjoy easy access to award-winning beaches and premier shopping. The community will also provide a suite of amenities, including:

• - A resort-style pool
• - Fitness center
• - Dog park
• - Outdoor grills
• - Resident clubhouse with recreational options

Nashville, Tennessee

The Nashville site, known as Gallatin, spans 35 acres and will offer 372 apartments, with a mix of one- and two-bedroom units. This development is particularly appealing as it plans to include 5,000 square feet of commercial space, catering to both residents and potential commercial tenants. Residents can expect a wealth of amenities such as a community clubhouse, pool, dog park, and more. Groundbreaking for Gallatin took place in February, with the first units anticipated to be ready by Spring 2026.

Atlanta, Georgia

In the vibrant city of Atlanta, a community named Ben Hill is underway, which will include 236 units featuring modern layouts. The development is in proximity to Hartsfield-Jackson Atlanta International Airport, making it ideal for those working in or near the airport. Amenities will mirror the quality found in other Wood Partners communities, including:

• - Fitness center
• - Pool
• - Co-working spaces

Ben Hill is expected to complete construction by August 2026, further enhancing the portfolio of Wood Partners in the Atlanta area.

Commitment to Quality at Affordable Rates

Wood Partners stands out for its approach to balancing quality with affordability. By choosing suburban locations over pricier urban alternatives and employing streamlined designs with minimal landscaping, the company can reduce construction costs, ultimately passing on the savings to renters while still offering upscale finishes like granite countertops and stainless steel appliances. Keough noted that this initiative aligns with the national need for more affordable housing, especially in underserved regions.

In recent years, Wood Partners has successfully rolled out similar projects, including Union City in Atlanta, Rayzor Ranch in Dallas, and Conner Park in Tampa, all aimed at increasing attainable living options.

Future Aspirations and Community Impact

As construction progresses, Wood Partners remains steadfast in its mission to enhance the living standards across the Southeast while addressing the urgent demand for affordable housing. The company has indicated plans for further developments and expansions nationwide, aiming to provide quality living spaces without compromising on affordability.

For those interested in exploring rental options, or learning more about Wood Partners and its initiatives, visit woodpartners.com.

In an era where housing affordability is a growing concern, Wood Partners' latest projects mark a significant step forward in providing high-quality living solutions that cater to diverse communities across the Southeast.