The apartment site is one component of the master development site being built by Boston based Foxfield, which includes a total of 2.3M square feet of industrial space, 18k square feet of retail, and multifamily. Westplan successfully closed on the site in July 2024 and plans to build 322 apartments and 8 for-rent carriage homes.
Westplan Regional Development Partner Kenny Budd added, “We are thrilled to have acquired this prime development site within one of the fastest growing geographies in the southeast. Surrounded by abundant employers, amenities, and demand drivers, this well located opportunity aligns perfectly with our strategy of developing high quality multifamily residences across sunbelt growth markets.
Westplan looks forward to continuing our legacy of great projects within Gwinnett County and delivering a best in class living experience for residents in 2026. We appreciate Foxfield for entrusting us with this transaction and are excited to see the rest of the master development come to life.”
Construction is estimated to commence in second quarter 2025. Westplan was represented by Bob Lurie of Lurie Real Estate Strategies and the seller was represented by Scott Cullen of JLL.
