ATLANTA-Locally based Pollack Partners has acquired 15 acres of land on Peachwood Circle with plans to construct a $35-million, 269-unit apartment complex. The land was acquired March 17 for $7.74 million from VS Apartments LLC and Stonewood Partners, Inc.
The project, which has not yet been named, will include one- and two-bedroom apartments in three- and four-story buildings. Amenities will include a swimming pool and clubhouse with a fitness center, business center, media room, and walking and jogging trails. Rents for the units are anticipated to average $1,100.