Oglethorpe University’s partnership with Gables Residential to build a new luxury residential community on the Oglethorpe campus was officially announced today.
From the press release:
Oglethorpe University and Gables Residential, Inc., a real estate development company headquartered in Atlanta, have partnered to construct Gables Oglethorpe, a mixed-use luxury apartment community at the corner of Peachtree Road and Hermance Drive in the city of Brookhaven. Gables Residential will lease approximately seven acres of land from the university via a long-term land lease agreement, and will construct, operate, and maintain the new mixed-use community. Gables Oglethorpe will offer a new, convenient luxury apartment option to those desiring to live near Buckhead, Midtown and the Perimeter center area.
Note: The project was later renamed Gables Brookhaven.
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