Atlanta-based Perennial Properties is an investor-owned, mixed-use commercial development company that specializes in high-end urban apartment projects and street level retail. Founded by Tim Schrager and Aaron Goldman in 1988, the company specializes in high-end, multi-family apartments in neighborhoods with strong business and social histories. Founded with a vision for Atlanta’s future, Perennial is committed to enhancing communities with a diverse range of uses.
Having acquired and renovated dozens of apartment buildings in the Atlanta metro area, Perennial Properties has developed numerous projects in and around the city. For example, Perennial is redeveloping the Oak Knoll apartment complex, which was built in 1951 and includes 58 units. The new development will have 98 units and will replace the existing, 68-unit building. The development company initially planned to build a 180-unit complex on the site, but later negotiated with the neighborhood preservation organization NPU-F to make the project more affordable for residents.
The company’s focus is on Atlanta’s Intown neighborhoods, and its first asset was a residential building on Lakeview Avenue. Since then, Perennial Properties has built or acquired 20 properties across metro Atlanta. The firm’s portfolio includes office, retail, and subdivision developments. Its team of developers has also created over 4,000 apartment units and 150,000 square feet of office space. The company is a leading developer in the area, and it’s always good to be a part of something big.
Perennial Properties has a proven track record of developing multifamily properties. The company has been in Atlanta for over 15 years, and their current project is slated for completion by late 2019. The company also recently converted an existing office building into a 700-unit self-storage facility. It’s also working with other businesses in the area to develop a sustainable community. This will create more jobs for the area and help to revitalize the city.
Perennial Properties is also transforming a 1950s apartment complex in the Atlanta suburbs. The property is located in an up-and-coming neighborhood, and the company has successfully redeveloped the building into a 98-unit multi-family complex. The project will replace an existing apartment building with a new construction of the same size. The project is expected to be completed by late 2019. The project’s first phase will include a retail component.
One of Perennial’s most recent projects involves the redevelopment of a 68-unit apartment complex in Atlanta’s Intown neighborhoods. The development will include a new 98-unit complex, replacing the current one that is located in the area’s Lakeview Avenue neighborhood. In addition, the company has developed or acquired over 20 properties throughout metro Atlanta, including single-family home sites, condominium conversions, and office and retail developments.
With this development, Perennial Properties has the potential to create a high-rise condominium and a mixed-use retail complex. The company has successfully redeveloped the 58-unit Oak Knoll property into a 98-unit self-storage complex. Although this is a major project, the new project will be worth the investment. Fortunately, the development will create more jobs in the surrounding area. When this is done, it will be an attractive place to live and work.
Perennial Properties has a unique approach to developing and managing residential properties. The company focuses on the Atlanta’s Intown neighborhoods and is currently developing an apartment complex with 256 units. In addition to the apartments, the company has also acquired or developed a 148-unit office building in Atlanta. With these developments, Perennial has become one of the top investment companies in the city and a major force in the real estate industry.
The company’s focus on Intown neighborhoods in Atlanta began with the acquisition of a single-family home in Lakeview Avenue. Today, Perennial has acquired or built more than twenty properties throughout metro Atlanta. Its portfolio includes a variety of commercial and residential developments, including office and retail spaces. The investment company has more than 200 single-family home sites, over 4,000 apartments, and over one million square feet of retail space. By providing a diverse array of residential communities, Perennial is ensuring that every neighborhood can thrive.
The company will clear its current Oak Knoll property in October and is looking to start construction on a new development in this area sometime next summer. Last year, it sold the Pencil Factory Lofts project near Georgia State University. The company has also developed several other projects in the city. Its previous projects include the Atlanta Design District, Midtown, and Downtown. The latest project is located in the Atlanta suburb of Buckhead. Its new projects include office space, restaurants, retail space, and apartments for the elderly.
