ATLANTA, GA – ECI Group celebrated the groundbreaking of The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage along Ford Avenue in Richmond Hill, GA. ECI Construction is the general contractor, with construction financing provided by Synovus and CIBC, and will deliver pad ready retail sites in Q1 2026 for tenants. ECI has been active in the Savannah Metro since 2015, having constructed one project and purchased another.
Ashley Smith and Tyler Mouchet of Colliers | Savannah have been selected to market the 3.5+ acres of retail pad sites, which are available for ground lease. Behind the commercial acreage, ECI is constructing 291 residential units, composed of 243 one-, two-, and three-bedroom apartment residences along with 48 three-bedroom, two-car garage townhome residences.
“We are very excited to move forward on this mixed-use development,” said ECI Vice President of Development, Stephen Stover. “We feel strongly that continued job growth across the Savannah MSA, particularly in the industrial and logistics sectors, as well as population growth in the affluent Richmond Hill submarket, offer an exciting opportunity for retailers to locate on our site.”…