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Participation in a New Rental Housing Development Project in Atlanta, Georgia, USA

NQ Score 56/100

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Frequently Asked Questions

Q: What is the name of the new rental housing development project in Atlanta, Georgia?
A: The new rental housing development project in Atlanta, Georgia is named 'NOVEL Lulah Hills'.
Q: Who are the main companies involved in this rental housing development project?
A: NTT Urban Development Corporation, through its U.S. subsidiary NTT UD USA Inc., has partnered with Crescent Communities, LLC, a subsidiary of Sumitomo Forestry Co., Ltd.
Q: When is the construction of the 'NOVEL Lulah Hills' project scheduled to begin and when is it expected to be completed?
A: Construction is scheduled to begin in December 2025, with completion expected in fiscal year 2028.
Q: What are the key reasons for NTT Urban Development Corporation's interest in Atlanta for this project?
A: Atlanta is experiencing economic growth and job creation due to low taxes, living costs, and corporate attraction policies, leading to steady population growth and sustained demand for high-quality housing.
Q: What is the size and type of the 'NOVEL Lulah Hills' residential complex?
A: The 'NOVEL Lulah Hills' project is a 6-story, 303-unit multi-family residential complex.