Metro Atlanta’s Preeminent Master Planned Development Opportunity

The Cushman & Wakefield Land Advisory Group is pleased to present the exclusive listing of Elevation, a fully entitled 1,008 lot master planned community development opportunity in coveted northeast Gwinnett County.

The property is the largest contiguous assemblage of land in Gwinnett County entitled for residential development. It is comprised of three tracts, Elevation | Parkside, Elevation, and Elevation | Estates, combining for nearly 510 total acres. The project has been thoughtfully curated in accordnace with current market demands with a diverse set of lot widths and is inspired by the adjacent award-winning Little Mulberry Park. Its natural scenic landscape consisting of forested hills and water features reflect Elevation’s unique development setting.

Shovel-ready Land Disturbance Permits (LDPs) are currently being prepared for the entire project, with final permits for Elevation | Parkside (190 lots) and Phase 1 of Elevation (178 lots) expected imminently. LDPs for the balance of Elevation and Elevation | Estates are expected to be finalize in Q2 2025. The project has been value-engineered to maximize develoment efficiencies on-site and the majority of the project’s off-site requirements have been mitigated, accounting for less than 2.5% of the expected total development costs.

Gwinnett County has been a growth leader in Metro Atlanta for more than four decades and continues to attract an increasing share of the region’s population, growing by 13,000 new residents (40 per day) in 2023, based on recent estimates by the Atlanta Regional Commission. Gwinnett residents enjoy a suburban lifestyle and south-after sense of community while maintaining convenient access to all the amenities of Atlanta and its thriving metro area. Elevation is minutes away from the region’s best retail area, including one of the largest malls in the Southeast, the Mall of Georgia. Additionally, the community is supported by one of Georgia’s best performing school districts, Gwinnett County Public Schools.

Only a 45-minute drive to Midtown, Elevation is a truly irreplaceable homebuilding opportunity and the last of its scale in Atlanta.

Investment Highlights

  • Atlanta's Preeminent MPC

    Elevation is the last residential development opportunity of this scale (510 acres) remaining in Gwinnett County. Its designation as a master planned community (MPC) distinguishes the project from surrounding developments and will facilitate increased home prices and absorption, as recent data shows MPCs sell +12% faster than traditional communities.

  • Gwinnett County - Consistent Record Growth

    Gwinnett County has been a top-2 couty for growth in Metro Atlanta since the 1980’s and is one of just two counties in the state with a population surpassing 1 million. Consistently robust population growth (+14% since 2015) has resulted in a critical shortage of homes and residential land.

  • Sold with Land Disturbance Permits (LDPs)

    Presenting a rare opportunity for the immediate commencement of horizontal development, Seller will have approved LDPs for Elevation | Parkside and the first phase of Elevation (368 combined lots) at closing. The Seller’s efforts to obtain LDPs for the remainder of the community are advanced with approvals for the balance of Elevation (594 lots) and Elevation | Estates (46 lots) are expected in Q2 2025.

  • Secure Years of Pipeline

    Unmatched opportunity to control 5+ years of pipeline in Atlanta’s most sought-after suburb. Robust demand in Gwinnett County has resulted in a compounding annual housing deficit of 11,500 units, and Elevation is perfectly positioned to capitalize on the critical imbalance of supply in this submarket.

  • Phased Development & Product Diversity

    The approved master plan incorporates a range of lot sizes that will allow for multiple product types and price points. Additionally, the site configuration and natural division by local roadways lends itself to establishing multiple sub-communities where a builder could feature multiple product lines.

  • Unmatched Accessibility

    Future residents of Elevation will enjoy a scenic environment without sacrificing the conveniences of in-town living. The project is located less than 4 miles from I-85 and is in close proximity to job centers, recreational destinations, shopping and entertainment districts, and the area’s top public schools.

Atlanta’s Most Sought-After Suburb

Elevation is located in northeast Gwinnett County, one of Atlanta fastest growing and most sought-after suburbs. A growth leader for more than four decades, Gwinnett County’s combination of employment opportunities, convenient access, strong public schools, and retail and entertainment opportunities continues to attract new residents. Elevation is located a short drive from some of the county’s most popular amenities and attractions.

  • Adjacent to Elevation, Little Mulberry Park offers 15 miles of paved multi-purpose and soft surface trails for equestrian and hiking, pavilions, a playground, fishing lake with pier, overlook area, restrooms, nature preserve, and 18-hole disc golf course. It’s grounds are some of the highest elevations in the county, offering scenic lake and forest views. Elevation | Parkside will have connections to the park’s trail systems.

  • With 1.8 million square feet of retail and over 200 stores, the Mall of Georgia is the largest shopping mall in the state. Easily accessible from multiple highways and interstates, the mall serves as a central shopping destination for residents of the Atlanta metro and visitors alike. Additionally, it has spurred a flurry of additional mixed-use development along GA-20 including Topgolf, Costco, Target, Sam’s Club, Sky Zone Trampoline Park, Andretti Indoor Carting, and much more. The mall is a 15-minute drive from Elevation.

  • Strategically located between Atlanta, Athens, and Gainesville, the Rowen Foundation is envisioned to become Georgia’s Research Triangle. The mixed-use development has been deisgned to bring together research, technology, and community in a sustainable environment. Ground breaking for Phase 1 was attended by the governor in 2022 and is slated for completion in 2024. Rowen in a 15-minute drive from Elevation.

  • Gas South Arena, a 20-minute drive from Elevation, is an indoor arena that also serves as an event venue and a performing arts center. The arena is home to the Atlanta Gladiators (minor league ice hockey team) and the Georgia Swarm (National Lacrosse League). Concerts, comedy acts, collegiate tournaments, and bull riding competitions are among other events hosted.

  • A new 15-story tower has broken ground that will add 400 beds. The tower will be adjacent to the new 100K SF medicial office buildingthat was completed in the summer of 2024. Services already being offered include oncology, orthopedics, and sports medicine. Imaging, primary care, cardiology, and more are coming. The new Northside Medical Buford development is less than a 20-minute drive from Elevation.

Call for Offers:

Thursday, December 12th, 2024 5:00 PM

PROPOSAL REQUIREMENTS:

  • Price

  • Earnest Money

  • Due Diligence Period

  • Closing Period

  • Contingencies

  • Desired Tract(s)

DEAL ROOM DOCUMENTS:

  • LDP Submittal Sets

  • Site Plans

  • Geotech

  • Survey

  • Zoning

  • Lot Matrix

  • Easements

  • Utility availability

  • Brand Guidelines

  • Wetland Delineations

ALEX PHILLIPS

DIRECTOR

+1 864 270 9196

alex.phillips@cushwake.com

ANDREW SLOWIK

MANAGING DIRECTOR

+1 407 541 4428

andrew.slowik@cushwake.com

BEN THOMPSON

ASSOCIATE

+1 470 298 3126

ben.k.thompson@cushwake.com

RACHEL EALY

ASSOCIATE

+1 941 779 8088

rachel.ealy@cushwake.com