Landing Square is a 322-unit property built in 2008 offering features such as a resort-style pool, modern clubhouse, business center, and fitness center. Located in Atlanta, GA, the property is situated near recreation, retail, schools, and is 15 minutes from both Atlanta’s CBD and the Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport and the largest employer for both Atlanta and the property. Delta alone has 31,000+ direct employees, and indirectly supports tens of thousands of other local jobs. The property benefits from being located on Interstate 285 which provides a nearby onramp to Atlanta’s transportation network and rapid access to employers around the metro area.
The area continues to attract major investments with tax incentives and opportunity zones. Delta has recently signed a new 20-year lease, and city officials unveiled a $6 billion upgrade package for the airport terminal and other facilities. Among other large investors in the area are Porsche, with its new 28-acre U.S. headquarters, Tyler Perry Studios (TPS), Lowe’s, Procter & Gamble, Walmart, Clorox, and Kraft. Costar estimates that the TPS project alone could generate up to 8,000 jobs. Subject to testing market acceptance of higher finish levels, CLP plans to upgrade unit interiors and property amenities, while maintaining a value-oriented price point.