Construction Finishes on Two-building Inspire Atlanta Apartment Complex Near Georgia Tech
Hoar Construction Thursday announced the completion of construction on Inspire Atlanta, a new student-focused luxury apartment community near Georgia Tech and directly across the street from Bobby Dodd Stadium. Hoar broke ground on the project in 2019 on behalf of owner Capstone Communities with a plan to deliver to students ahead of the kickoff for the 2021-22 school year. Located on Centennial […]
Capstone Communities begins new North Carolina build-for-rent development
Birmingham-based Capstone Communities has broken ground on a 21-acre, low-density multifamily development in North Carolina. The Cottages at Riverlights is the company’s fourth conventional cottage-style community, situated in Wilmington on 21 acres. The low-density, multifamily development is the first project underway in a 120-acre master-planned community, Riverlights, owned by Newland Real Estate. Capstone is currently […]
New rental cottages under construction in Wilmington’s Riverlights community
A neighborhood of cottage-style rental homes is taking shape in Riverlights. Work on the project, which will be Wilmington’s first build-for-rent neighborhood, began earlier this month, according to a news release from Riverlights, a master-planned community in Wilmington situated along the Cape Fear River. The new community — called the Cottages at Riverlights — will consist of 279 homes, […]
Port City sees first build-for-rent development with The Cottage at Riverlights
It’s no secret the Cape Fear region as a whole continues to grow at break-neck speed. New construction continues to pop up, and the housing market can’t seem to keep up with the demand. On Wednesday, Riverlights announced construction was underway on Wilmington’s first build-for-rent neighborhood, The Cottages at Riverlights. The community will be made […]
Charming Southern Architecture, Cottages at Old Monrovia Now Leasing
While Huntsville is on the fast track to building residential communities to meet the needs of its growing population and economic growth, Capstone Communities is completing one of Huntsville’s most unique housing developments at the Cottages at Old Monrovia. The 25-acre development off Old Monrovia Road, just blocks from Huntsville’s MidCity district, turns apartment living […]
Near massive movie studios, Trilith’s rentals ready for their close-up
Across the street from North America’s second largest film and TV facility, the “town for creating,” as the slogan goes, is rolling out a multifamily component catered to industry creatives or anyone else looking to rent in a master-planned community removed from Atlanta’s hustle and bustle. You’ll just have to pay Atlanta rents. Or almost. […]
Overlooking Georgia Tech’s football stadium, swanky student rentals nearly complete
Leasing efforts have begun at the latest option for extremely amenitized student housing within a quick walk of Georgia Tech classrooms. Capstone Communities is wrapping construction on a mid-rise project along North Avenue called Inspire Atlanta (formerly known as Centennial Lofts) that’s expected to open in August for fall classes. Including underground levels, the building […]
Cottages at Daytona Beach will help housing shortage, but won’t add ‘affordable’ housing
DAYTONA BEACH — Construction work has begun on a new community here aimed at helping to alleviate the area’s housing shortage by offering single-family and duplex homes available to rent, as opposed to being available to purchase. The planned 283-home “The Cottages at Daytona Beach” is the first of its kind in the area, according […]
Nation’s Top-Rated Master-Planned Community Adding A Rental Single-Family Neighborhood
Winning the “Master-Planned Community of the Year” designation by the National Association of Homebuilders (NAHB) gets you a lot of attention. Located near Charleston, SC, the 5,000-acre Nexton development by esteemed developer Newland Communities is notable because of its excellent overall execution and its focus on innovation and wellness. And, this community is also one of the latest to […]
Multifamily developers hone in on horizontal apartments as next Build-to-Rent model
While homebuilders across Central Florida are racing to find suitable locations for purpose-built rental subdivisions, another build-for-rent product line is starting to gain traction in the region: the horizontal apartment complex. The first such community is under construction now in Daytona Beach at the intersection of I-95 and LGPA Boulevard. Alabama-based Capstone Communities and its in-house general […]
