John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
Italy Fines Apple €98.6 Million Over App Store Dominance 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
ATLANTA, Feb. 06, 2017 -- Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood.
The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285. Crescent Perimeter will pair modern elegance with spa-like serenity to create an oasis for residents within one of Atlanta’s most energetic communities.
Crescent’s equity partner in the development is Bluerock Residential, part of New York-based Bluerock Real Estate, LLC. The general contractor is Fortune-Johnson, Inc. of Norcross, Georgia. Fortune-Johnson currently is grading the site and preparing it for vertical construction.
Crescent Perimeter is rising in the heart of Atlanta’s Central Perimeter business district, a major regional center that has recently attracted several iconic companies - including the headquarters of Mercedes-Benz USA, State Farm, and The Weather Channel. Crescent’s new apartment community will also serve employees of Atlanta’s largest concentration of hospitals and medical offices, affectionately known as Pill Hill.
“The job growth in Atlanta, especially in Central Perimeter, has created strong demand for housing that is proximate to the employment and retail centers,” said Kyle Brock, Managing Director in Crescent’s Atlanta Office. “With great access to both Perimeter and Buckhead jobs, shopping and restaurants, exceptional visibility and a well-appointed community, we anticipate strong demand for the residences when Crescent Perimeter comes online.”
Crescent expects the first residents to move into Crescent Perimeter in the third quarter of 2018.
Contacts: Tony Wilbert 404-780-6094 [email protected]
