Parkland Residential has started development at Sugarloaf Landing, a build-to-rent community featuring 114 stacked townhomes in Lawrenceville, Georgia. Located on 10 acres at 3440 and 3460 Sugarloaf Parkway near the intersection of Sugarloaf Parkway and Five Forks Trickum Road, developer Parkland Communities broke ground last week.
“It is a great feeling to see dirt moving at this long-anticipated community,” Parkland Residential President Jim Jacobi said. “Gwinnett has a large housing deficit, and Sugarloaf Landing will help meet the need for attainable housing.”
Sugarloaf Landing features rear-entry stacked townhomes with one-car garages and two or three bedrooms, including oversized, private owner’s suites with huge walk-in closets and stylish baths with dual vanities. The spacious, open floor plans feature sizable kitchens that open into oversized family rooms. Covered outdoor living spaces with views of greenspace and woods are perfect for enjoying crisp spring nights and entertaining guests.
Residents will enjoy the resort-style amenities, including a swimming pool, cabana, playground, nature preserve, playfield, sidewalks, tot lot and pocket parks. Additionally, an abundance of shopping and restaurants within a short walk from the community.
The three-bedroom units offer two-and-a-half baths plus lofts with 1,958 square feet of total living space, while two-bedroom units offer 1,636 square feet of total living space. Residents can enjoy a maintenance-free lifestyle while renting for less than owning a home, with pricing starting at $2,400 per month.
Parkland Residential designed these unique stacked townhomes specifically to repurpose under-utilized commercial parcels and supply missing middle homes. The concept of the missing middle is defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence. Still, it is really a duplex, quad, eightplex or more. Missing middle housing goes hand-in-hand with affordable housing. Consumers want to live near work but can’t always afford to, and providing various housing options helps meet this need.
Managed by Lincoln Property Group, Sugarloaf Landing is located at 3440 and 3460 Sugarloaf Parkway in Lawrenceville. For more information, call 470-402-2300 or visit the Lincoln Property Company website at www.lpc.com.
Parkland Residential is a new homebuilding company focused on creating build-to-rent communities. Based in metro Atlanta, the build-to-rent company’s goal is to provide affordable missing middle housing in locations where consumers want to live. Parkland Residential plans to build many build-to-rent communities over the next several years.
Parkland Communities, Inc., the sister company to Parkland Residential, is a privately-owned multifaceted real estate development and investment firm specializing in residential properties. With over 20 years of experience in the industry, Parkland Communities Inc. uses the latest market data, technology and established relationships to strategically secure new development opportunities in Atlanta’s most desirable locations. The company’s hands-on philosophy has made it a proven leader in the industry with a trusted reputation among elected officials, municipal staff, neighborhood associations, bankers and home builders.
For more information on Parkland Communities, visit www.ParklandCo.com.
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