PLEASE NOTE: Columbia Residential will NEVER ask you to send us money via Venmo, Zelle, or any other cash app, nor can you pay to “skip” the affordable housing waitlist. If anyone asks you to do so, do not respond and immediately contact us at (404) 874-5000.
In the News: Columbia Residential Chooses Renovation Over Demolition at Cosby Spear
Developers at Columbia Residential thought the Cosby Spear multifamily towers in Atlanta would be perfectly reusable buildings as modern-day housing for seniors despite being built in the early 1970s.
Columbia Residential obtained about $100 million in financing from Truist Bank and other sources to renovate the Cosby Spear complex. The plans call to strip the buildings down to the concrete and steel framing. A full demolition was considered but it made more sense to renovate instead, President Jim Grauley told CoStar News.
[PAYWALL] Read the full story here »
Source: CoStar
Want to know the latest from Columbia Residential when news and updates drop? Subscribe to Columbia Conversations »