Groundbreaking for 200+ unit apt. complex in Oakwood

Ground has been broken for a new 229-unit apartment complex in Oakwood which is expected to be finished by the end of 2025 and is to be located on Frontage Road.


BCDC, an opportunistic real estate development investment firm, is launching a joint-venture development partnership with Imperium Development, an Atlanta-based multifamily real estate development company. Ground has been broken on its first project, a class-A apartment community in Oakwood, Georgia.

“Imperium brings more than 50 years of combined experience in multifamily development, finance, construction and management to the table,” said Litt Glover, CEO of BCDC. “They are among the best in the business, and we are thrilled to kick off this partnership with this new development project in Oakwood, Ga.”

Situated at 2800 Frontage Road, the 7.65-acre development site will be home to a 229-unit apartment community spanning 189,875 square feet. What sets the project apart is its alignment with Gainesville’s “Highlands to Islands Trail,” a 35-mile path offering residents unparalleled access to numerous landmarks throughout Hall County.

It will boast a market-leading amenity package featuring a two-story clubhouse, a resort-quality swimming pool, a coworking area and a state-of-the-art fitness center, among other common area amenities.

The project’s strategic location ensures easy accessibility to major employment centers in Metro Atlanta, nearby universities and the recreational haven of Lake Lanier and Northeast Georgia. The Northeast Georgia Medical Center, located less than 15 minutes from the site, employs over 8,650 individuals, while the University of North Georgia’s Gainesville campus, just 0.20 miles away, accommodates more than 8,500 students.

Hall County is experiencing tremendous population growth and is currently ranked as the No. 1 job-producing metropolitan area in Georgia.

SeaCoast Bank is the lender, and Stockbridge Capital Group is the preferred equity partner. Ecker Construction is the general contractor and McMillan Pazdan Smith Architecture is the architect.

The partnership expects delivery in the third quarter of 2025.”