Newstar's Exciting Development in Suburban Atlanta
Newstar is making headlines as it embarks on a significant development project in suburban Atlanta. The company has secured 19 acres for a new single-family rental neighborhood, which promises to deliver modern living spaces tailored for families seeking comfort and accessibility.
Project Details and Features
The upcoming community will consist of 133 homes, with a blend of 87 four-bedroom homes featuring two-car garages and 46 three-bedroom homes with one-car garages. Each residence will embody contemporary design with brick fronts complemented by durable Hardiplank side and rear facades. Residents can expect sodded backyards that provide a private outdoor experience, enhanced by Quartz countertops, spacious walk-in pantries, stylish framed mirrors, and high-quality stainless steel kitchen appliances.
Moreover, the aesthetic appeal continues indoors, with tile backsplashes in kitchens and luxury vinyl plank flooring in living areas and bathrooms. This thoughtful design not only adds elegance but also ensures functionality for everyday living.
Community Impact and Vision
Newstar’s Chief Development Officer, Jason Frost, shared insights into the vision behind this new project. He expressed enthusiasm about introducing high-quality homes to the local community, particularly in the affluent suburb of Braselton, which boasts exceptional schools, numerous retail options, and a newly expanded hospital campus. Frost highlighted the community's ideal balance between work, play, and living, alongside its proximity to scenic Lake Lanier, making it an attractive option for new residents.
Partnerships and Financial Backing
To bring this project to fruition, Newstar is collaborating with Red Cedar Homes, a partnership that underscores their commitment to delivering quality and innovation. Additionally, the financing aspects have been adeptly handled by Patterson Real Estate Advisory Group, with First Carolina Bank stepping in as the construction lender.
Timeline for Development
The construction phase is anticipated to kick off in the third quarter of 2025, with the first homes projected to be available by Spring 2026. This timeline indicates Newstar's proactive approach in addressing the housing needs in the Atlanta suburb, responding to the demand for well-constructed rental homes in vibrant neighborhoods.
Frequently Asked Questions
What type of homes will be built in the new Newstar community?
Newstar's new community will feature a mix of 133 homes, including 87 four-bedroom and 46 three-bedroom options, designed with modern amenities.
Where is the Newstar development located?
The development will be situated in the affluent suburb of Braselton, northeast of Atlanta.
When is construction expected to begin?
Construction is projected to begin in the third quarter of 2025.
What amenities can residents expect?
Homes will feature Quartz countertops, walking pantries, stainless steel appliances, tile backsplashes, and luxury vinyl plank flooring, ensuring a high-quality living experience.
Who is involved in financing the project?
Patterson Real Estate Advisory Group handles the financing, while First Carolina Bank serves as the construction lender for the project.
