Blue River Development: Build-to-Rent Partnerships, Rising Interest Rates
November 9, 20222022 Record Year for Blue River Development
January 25, 2023Atlanta-based Blue River Development, LLC recently closed on two new Cobb County developments – Sophie’s Park in Mableton and Laura’s Walk in the city of Marietta.
“We are excited to start land development on both of these Cobb properties,” Managing Principal Brad Cooper said. “With a shortage of homes in the metro area, these communities are well-positioned to help meet the need for more attainable homes.”
According to metrics from MarketNsight, Cobb County needs more than 4,600 homes to meet current housing demand.
Once Blue River Development finishes land development, Blue River Communities will break ground and go vertical with homes.
Sophie’s Park, located at Factory Shoals Road and Mableton Parkway, is a single-family home community of 20 craftsman-style homes. Priced from the high $400,000s, home plans in this intimate enclave start at 2,000 square feet.
Laura’s Walk, located in the city of Marietta, features 20 single-family homes and 16 modern townhomes priced from the low $400,000s. Located at the intersection of Saine Drive and Roberta Drive, students will attend the city of Marietta schools. Planned community amenities include walking trails, sidewalks, streetlights, open space and guest parking.