Apartment Units To Replace Shopping Center In Roswell

ROSWELL, GA — Multifamily developer and investment firm Pollack Shores Real Estate Group announced last week that it's closed on land it will use to develop Sun Valley, a mixed-use walkable community featuring 300 luxury apartment units. The site, Roswell Shopping Center at 11060 Alpharetta Highway, is currently home to a large strip center that will be demolished in the fall, the company said.

The residential component of Sun Valley will consist of 168 one-bedroom apartments, 109 two-bedroom apartments and 23 three-bedroom apartments. Each home will feature granite countertops, stainless steel appliances, a mixture of luxury vinyl-plank wood flooring and carpet flooring and spacious walk-in closets. Residential amenities will include a dog park, pet-washing station, upscale pool and lounge area and state-of-the-art fitness center with a yoga room.

“We are applying our experience from successful integrated mixed-use projects, such as Home at the Battery Atlanta, to curate a destination unique to Roswell,” said Steven Shores, CEO and President of Pollack Shores Real Estate Group. “Sun Valley will be a pedestrian-focused community that encourages residents and guests to enjoy this dynamic neighborhood in a new way. We look forward to making this a premier destination for Roswell and North Fulton.”

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No details about the other components of the development have been released. Pollack Shores says this latest venture is part of its strategy of investing in "fast-growing suburban markets that feature top-performing schools and convenient access to entertainment, dining and major employers."

“Roswell continues to trend positively thanks to a strong and diverse local economy, checking all of the boxes we look for when evaluating suburban opportunities,” said Brian Oates, director of development at Pollack Shores Real Estate Group. “With that growth comes an increased demand for luxury multifamily living, especially within walkable, urban-inspired, mixed-use environments. We are highly motivated to give this property new life, and to building a community that creates value for the surrounding neighborhood.”

Matrix Residential, a subsidiary of Pollack Shores, will add the development to its growing and diverse portfolio of award-winning luxury properties the company manages across the Sunbelt.

Known for acquiring, developing, managing and investing in best-in-class multifamily communities, Pollack Shores is currently active in Atlanta, Orlando, Tampa, Jacksonville, South Florida, Montgomery, Raleigh, Charlotte, Charleston, Dallas, Austin, Memphis, Nashville and Richmond.

Rendering via Pollack Shores