Atlanta, Ga.

VIRGINIA BEACH VA-Locally-based Armada Hoffler Properties has formed a joint venture to develop a new 240,000-square foot mixed-use project in historic downtown Roswell, GA.

Estimated development and construction costs for the project are expected to total $80 million.

The REIT will be the majority partner in a joint venture with S.J. Collins Enterprises to develop Southern Post, the name of the project.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.