Ashton Woods Part 2 in Sandy Springs

Ashton Woods is making even more housing inroads in Central Perimeter, just down the street from its project that involves Mercedes-Benz's US HQ.

The Atlanta-based residential and multifamily developer has just purchased 6860 Peachtree-Dunwoody Rd, a site that includes a building owned by Kadampa Meditation Center, and 1000 Peachtree-Dunwoody Ct; both are next to the North Springs MARTA station. Ashton Woods is planning to develop a 35-unit townhome project, says KW Commercial Atlanta's Joe Cannon. The assembled three-acre site traded for little more than $2M. Joe says the Buddhist organization is moving to Inman Park.

Ashton Woods, of course, is under contract to buy the Glenridge Hall site (home of the famed mansion that appears set for the wrecking ball) off Abernathy and Barfield roads, as we reported here. It plans to develop a single-family neighborhood, but also has carved out 12 acres of its assemblage, to sell to Mercedes for its new US HQ campus. 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

'Illegitimate' Or 'Leveling The Playing Field'?: Why Habitability Cases Are Surging In Eviction Court

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

COPA Passes City Council, Heads To Mamdani's Desk

Development Constraints In Massachusetts Push More Investors To Southern New Hampshire

Developers Question Depth Of Miami's Branded Condo Craze

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

'We Don't Have To Worry About The Future': Chicago Geothermal Apartment Tower Takes Shape

The Governor Races And Referendums Where Housing Is On The Ballot

Cresa Taps Nathan Knowles As Atlanta Market Leader

Apollo To Buy Majority Stake In $2B UDR Portfolio

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error