From the Birmingham Business Journal:
Birmingham-headquartered commercial real estate development firm Daniel Corporation has started construction on an upscale multifamily community in Georgia.
The firm has closed on land, and work has begun on the $100 million project in Savannah, Georgia.
The 288-unit rental community will consist of six four-story buildings located on Hutchinson Island across the Savannah River from the downtown historic district of Savannah. The community is also adjacent to the 403-hotel and 18-hole Westin Savannah Golf Resort and Spa and the newly expanded Savannah Convention Center. Interior units will feature quartz countertops, custom cabinetry, designer lighting and smart home features. The community will include a clubhouse with a leasing office, resident social and co-working space, and an expansive fitness studio opening up to an outdoor lounge area featuring a fireplace and views of the saltwater pool and deck.
“We are excited to make this investment in Savannah, America’s first planned city, and on an incredibly unique site,” said Pat Henry, president and CEO of Daniel. “Savannah features a diverse economy, the most dynamic east coast port in the United States and recent expansions of Hyundai, the Savannah College of Art and Design only add to this historically unique city. With thoughtful design and community features, we look forward to creating a community that will add to the vibrant growth story that this area is experiencing.”
Construction kicked off this week with the first units expected for delivery in early 2025.
Daniel recently finished a 336-unit multifamily complex in Huntsville and is currently planning to develop a 272- unit luxury apartment building along Highland Avenue in