ECI Group and joint-venture partner The Griffin Fund have started construction on The Averly Collins Hill, a $76 million, class-A apartment community in Lawrenceville.
Situated on 22 acres at 700 Collins Road, the eight-building development will bring 300 units to the Lawrenceville Gateway development, where another developer is planning a 55-plus active-adult community. The Averly Collins Hill is expected to open concurrently with the 15-story Northside Hospital Gwinnett tower underway nearby.
Community amenities will include a 7,000-square-foot clubhouse with clubroom, fitness center and remote-work area, pool with cabanas and a dog park. Apartments will come with open-concept, one-, two- and three-bedroom floor plans. Interior amenities will include full-size washers and dryers, wood-style flooring, quartz countertops with undermount sinks, stainless-steel appliances and private porches or balconies.
ECI Construction is the general contractor, and $46 million in construction financing was provided by Synovus.
“ECI is excited to partner once again with The Griffin Fund to build premier housing near downtown Lawrenceville,” ECI Vice President of Development Stephen Stover said in a press release. “We are particularly appreciative of the confidence that Synovus demonstrated in this well-located and thoughtfully conceived development, providing ECI with the construction financing needed to start this project immediately and in the best window for delivery.”
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