A 194-unit apartment community is about to go up at the intersection of Duluth Highway and Sugarloaf Parkway, according to an announcement from developers.
Florida-based real estate firm PointOne Holdings announced it is partnering with Brand Properties to develop the three-building apartment complex on 8.5 acres across Duluth Highway from Sugarloaf Mills. The project is currently being branded as Sugarloaf Marketplace.
“We are excited to be breaking ground on our latest development, Sugarloaf Marketplace,” Brand Properties CEO Brand Morgan said in a statement. “Our developments in this area of Gwinnett have been our most successful, and we expect that trend to continue with Sugarloaf Marketplace.
“The team at PointOne approaches developments in the same manner that we do — build a quality product in the right location and you will be positioned well for success.”
The residential development is separate from a mixed-use development that has the same name and is located farther down Sugarloaf Parkway, at its intersection with Peachtree Industrial Boulevard in Duluth. Its name is instead inspired by a shopping center — also named Sugarloaf Marketplace — that is next to planned apartment complex site on Duluth Highway.
When the project was submitted to county leaders last fall for approval, the project had used the name “Sugarloaf II” on building renderings.
The complex is expected to include: a resort-style saltwater pool with a pool deck that includes pergolas and grilling area; a dog park with a dog wash facility; a co-working and business center that includes a cybercafe; and a fully-equipped fitness center.
Individual apartments are expected to have: granite countertops; stainless steel appliances; walk-in closets; 9-foot ceilings; and ceiling fans.
“We are privileged to work with the leadership team at Brand Properties for the development of our newest multifamily property in Atlanta, Sugarloaf Marketplace,” PointOne Holdings managing partner Ben Colonomos said in a statement.
“With great partners, a high-employment, high-growth and high-barrier-to-entry location, we are very confident that this will be a great investment to our family of investors.”