Parkland Residential is poised to break ground on 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, residents will enjoy resort-style amenities, including a swimming pool, cabana, playground, nature preserve, playfield, sidewalks, tot lot and pocket parks.
“We are excited to have permits in hand so we can now break ground on this long-anticipated community,” Parkland Residential President Jim Jacobi said. “Gwinnett is a fast-growing county with a deficit of housing. 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 large, 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 the colors of fall and entertaining guests.
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. The monthly rent for townhome units ranges from $2,000 to $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 missing middle is defined by John Hunt, principal with MarketNsight, as a single-family home located alongside what looks like a single-family residence but 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 a variety of housing options helps to meet this need.
Residents at Sugarloaf Landing will enjoy an abundance of shopping and restaurants within a short walk from the community.
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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