Coro Realty, Miller Lowry sell approximately half of mixed-use site in Hapeville to D.R. Horton
Hapeville, Ga. (Nov. 29th, 2022) — Coro Realty, a diverse real estate investment and management company, and joint-venture partner, Miller Lowry Developments have sold 8.3 acres in downtown Hapeville to D.R. Horton, the country’s largest homebuilder by volume since 2002.
The partnership acquired a 16-acre parcel in 2020, which consisted of approximately 60 properties on Chestnut and Elm Streets. The 8.3 acres represent the western portion of the site.
The parcel is in close proximity to the global headquarters of Delta Airlines, a Wells Fargo corporate campus, the Kimpton Overland Hotel, and local destinations, including John Lewis Memorial Park and Arches Brewing.
“Coro Realty is excited to be a part of Hapeville’s growth and to help reactivate a long-dormant part of this city’s residential core,” said Robert Fransen, President and Managing Partner, Coro Realty. “We continue to seek best-in-class partners to enhance this key site less than a quarter mile from Hartsfield-Jackson Atlanta International Airport.”
D.R. Horton is planning to build approximately 110 townhomes on the site.
About Coro Realty
Coro Realty was founded in 1997 and is synonymous with intelligent real estate development and investment. With a commitment to smart growth, the urban landscape and innovation, Coro Realty continues to demonstrate its leadership in the market with the successful execution of quality investments. It provides investment, asset management, leasing and property management for a myriad of commercial and residential properties throughout the Southeastern United States. Coro Realty oversees approximately 50 properties valued in excess of a billion dollars. For more information, visit cororealty.com.
About Miller Lowry
Founded in 2003, Miller Lowry Developments delivers high-end residential homes, urban mixed-use, commercial and multi-family projects in historic and iconic submarkets in and around Atlanta. For more information, please visit millerlowry.com.
Media contact: Thornton Kennedy, (404) 210-0363, thornton@prsouth.net
