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Commercial Real Estate

June 12 - Kole to Manage New Downtown Apartments in Savannah

Savannah Business Journal Staff Report

June 12, 2018 - Park + Broad, a new high-end boutique apartment community in the up-and-coming east side of downtown Savannah has selected Kole Management Company (KMC), a Savannah-based real estate management and investment firm, to manage the facility.

The 70-unit property at 1020 E. Broad St. offers one- and two-bedroom apartments with 15 floor plans, all of which maximize natural light. Located within walking distance of Beasley and Forsyth parks, the units feature 12-foot ceilings, quartz countertops, stainless steel Frigidaire Gallery appliances and in-unit washer/dryers.

The community includes gated off-street parking, a 24-hour fitness center, a saltwater pool area that includes a cabana with a fire pit and gas grills, a package locker system, available storage lockers and a bicycle storage and repair room.

“Park + Broad truly has it all,” said KMC President Jeff Kole. “State-of-the-art amenities and conveniences, off-street parking and location in a redeveloping part of downtown Savannah that’s close to area services, restaurants and entertainment.”

Park + Broad is currently in lease-up and can be viewed at www.parkandbroadapts.com, or tours can be arranged at 912-657-0300. Raleigh-based Chaucer Creek Capital is the primary investor in the property, which was developed by DPJ Residential and built by Choate Construction.

A grand opening celebration and ribbon cutting are scheduled for Thursday, June 28 at 5:30 p.m. The Savannah Area Chamber of Commerce will participate.

In addition to managing Park + Broad, KMC owns and operates 13 apartment communities in Savannah, Charlotte, Atlanta, Augusta and Macon with a total of about 2,500 units.

 

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