The Brunswick – A Multifamily Public-Private Project Developed in Partnership With The City Of Norcross – Is Now Open And 40% Leased

12/22/20

Matt Mason, Partner with Gateway Ventures

The Brunswick, a 193-unit, $45-milllion multifamily project in the heart of historic Norcross, is now open and more than 40 percent leased.

Developed in a public-private partnership with the City of Norcross and The Norcross Downtown Development Authority, Gateway Ventures Real Estate and Centro Development, the property was the result of strong community input.

“We’re delighted with the finished product and excited to see the community has rushed to lease a home on Lillian Webb Park,” said Matt Mason, Partner with Gateway Ventures. “Our goal was to maintain the historic character of Norcross, while building a best-in-class multifamily project within walking distance of downtown.”

The project is named for The Brunswick Hotel, which opened 150 years ago when Norcross, then a whistle stop on the railroad, was considered a resort town for Atlantans. While the hotel fell on hard times during the Great Depression and eventually was demolished, the new project pays heed to the historic roots of the property and city.

Bronze-rated via the National Green Building Standard, The Brunswick was designed by architect Dwell Design Studio with interiors by Crosby Design Studio. The project features details that are full of whimsical and historic materials and décor, with a nod to railcars and the elegance of 1870’s hospitality. Of note, local artists Anne Rhodes and Brandon Marshall are featured in the Lobby and the Pool Club, one of the project’s many special amenities.

The Brunswick is situated on 3.3acres at the corner of Holcomb Bridge Road and Buford Highway, just steps from historic downtown Norcross, bustling with restaurants and shops. New South Construction was the general contractor and Eberly & Associates performed the civil engineering and landscape design. RangeWater Real Estate is the property manager. Synovus Bank and Cypress Real Estate Advisors provided financing for the project.

The residents of The Brunswick will feel as though Lillian Webb Park is their backyard – a gate opens directly onto the park’s green with a view of the fountain. The City of Norcross programs events here year-round, from arts festivals to yoga classes.

The project also is adjacent to the future county library, currently under construction. The development team for The Brunswick created a pedestrian gateway, in cooperation with the Downtown Development Authority, to create easy access from the park to the library, as well as site lines and design that complement the library’s modern aesthetic while paying tribute to surrounding homes and architecture.

Along Buford Highway, the project has nine units specified as “live-work-play,” where tenants can have a street-level entrance with signage while living above their business.

“The Brunswick is an important part of our city’s eight-year Downtown Norcross Expansion project. The team that built The Brunswick leveraged our 2034 Comprehensive Plan and the 2011 Livable Center Initiative to create a thoughtful, high-quality development which fits our neighborhood. We’re proud of this team and happy the City and Downtown Development Authority could play a role in bringing this project to life,” said Norcross Mayor Craig Newton.

Leasing and project information available here: thebrunswicknorcross.com. Images here. Follow The Brunswick on Instagram at @thebrunswicknorcross

About Gateway Ventures Real Estate

Gateway Ventures is a real estate investment and development firm based in Atlanta. The firm has extensive experience in sophisticated public-private partnerships and university developments in addition to mixed-use projects in both urban and strategic suburban markets. Gateway Ventures seeks to create lasting value in its holdings by developing quality mixed-use projects in emerging markets and, in so doing, investing in and improving the communities in which it serves.

About Centro

Based in Austin, Texas, Centro is a commercial real estate development firm specializing in mixed-use residential development, urban redevelopment, and public-supported development. The firm’s development projects include more than 4,400 units spanning from Albuquerque to Atlanta, with a concentration in central Texas. Its principal, Kent Collins, has over 30 years of multi-family development experience.

About the City of Norcross

Incorporated in 1870, the city of Norcross, Georgia, has secured a solid standing as both an eco-conscious community and world-class art district in the last century and a half. Voted Gwinnett County’s “Best Arts & Cultural Scene” by Gwinnett Magazine, Norcross is known for its unconventional public arts projects, was recognized by the Atlanta Regional Commission as one of only two Platinum-Certified Green Communities in the region and was named a “Best Green Government” by Gwinnett Clean & Beautiful and “Tree City USA” by The Arbor Day Foundation. The Sustainable Norcross Commission has earned regional applause for its efforts to spearhead the City’s local pro-environment practices. The city’s famed tree canopy, 13 parks and more than 31 acres of beautifully maintained public green space serve as popular gathering spaces for residents and visitors alike.

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