The Wren
The Wren, located in Lawrenceville, Ga., is a 361-unit multifamily community consisting of 3/4-split unconditioned corridor buildings with elevators and surface parking. The Wren is conveniently located adjacent to Ga. 316, with a short drive to downtown Lawrenceville, and walking distance to Georgia Gwinnett College. Amenities include upgraded unit finishes, a rooftop deck, swimming and lap pools and a large green, all of which combine for an unforgettable community. Because The Wren is a luxury, market rate community, it will appeal to all demographics.
Construction began October 2021, with a completion date of February 2024.
Total budget: $75 million
Per unit: $210k per door
Equity: Lupert Adler
Debt: Synovus Bank