Joint-venture partners Coro Realty and Miller Lowry Developments sold about half of a 16-acre, mixed-use development site in Hapeville to D.R. Horton.
Courtesy of Google Maps.
The partners purchased the parcel in 2020. It had approximately 60 properties on Chestnut and Elm streets. The 8.3 acres purchased by D.R. Horton represent the western portion of the site. The homebuilder plans to develop about 110 townhomes.
The parcel is near the global headquarters of Delta Airlines, a Wells Fargo corporate campus and the Kimpton Overland Hotel.
“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,” President and managing partner Robert Fransen said in a news release. “We continue to seek best-in-class partners to enhance this key site less than a quarter mile from Hartsfield-Jackson Atlanta International Airport.”
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