The community will come online in 2028.
Kennedy Wilson has broken ground on Caldwell, a $139 million, 382-unit luxury apartment community in the Atlanta suburb of Sandy Springs, Ga. The development is being financed with a $90 million construction loan from Santander Bank.
Caldwell is the first Georgia project for the Beverly Hills, Calif.,-based firm as it expands its multifamily development platform. It’s also the company’s first joint venture with Japan-based Shimizu Corp. Caldwell is expected to come online in mid-2028.
New South Construction is acting as the general contractor of the development, with Dynamik Design serving as architect and PEC+ as civil engineer.
Closer look at Caldwell
The developers began demolishing the building this summer in preparation for construction of the five-story multifamily property. When it comes online, Caldwell will have 382 units averaging 937 square feet. Apartments will include quartz countertops, stainless steel appliances, oversized closets and smart home technology…