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Apartment complex and new hotel planned near Augusta Mall

Investor puts $9 million into new developments

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An apartment complex bringing 120 units near Augusta Mall should be completed by the end of the year.

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Jenna Martin
Business Reporter
Twitter: @JennaNMartin
E-mail | 706-823-3217

Grading work has started on a 7-acre parcel at 1315 Marks Church Road that will add 10 three-story apartment buildings to the property, said local developer T.R. Reddy.

The gated complex, named Sage Creek Apartments, abuts both Bobby Jones Expressway and the Kroger on Wrightsboro Road.

Reddy said the two-bedroom, two-bathroom apartments will be rented at market rate. He has owned the property since 1999.

Though he’s developed several hotels throughout the Augusta
area, Reddy said the Sage Creek project marks his first apartment community.

He is investing about $9 million in the development.

Reddy said apartments were a good fit for the site because the location is in walking distance of the mall and neighboring shopping centers.

“It’s going to be very well-landscaped,” he said.

Reddy said he plans to add about 150 trees back to the property during the construction phase.

The lot, which is next to Oakwood Village apartments, is among a few pieces of vacant land that can be developed on Marks Church Road.

Farther down the road, a 124-room Residence Inn by Marriott is being planned at 1116 Marks Church Road. The four-story hotel, under development by PeachState Hospitality, of Warner Robins, Ga., is expected to be ready by spring of 2015.

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Riverman1
113613
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Riverman1 04/02/14 - 07:19 pm
0
1
TR

TR is also who did the Broad St. hotel renovation.

nocnoc
63591
Points
nocnoc 04/02/14 - 08:09 pm
1
2
Sometimes it makes you wonder

is there a group land brokers that meets to plan rezoning and development, just to kill the values one place to get people to build in another.

Because apartments complexes and cheap hotels sure would be a right weapons to do so.

lovingthesouth72
1410
Points
lovingthesouth72 04/02/14 - 08:20 pm
4
2
pathetic

Augusta has no development plan. They just plop things wherever. This is a horrible idea. That area is as congested as can possibly be. And now we are adding more traffic. I just can't believe how things are done in this community, no thought is put into anything.

Butterman
3694
Points
Butterman 04/02/14 - 09:02 pm
2
3
apartments
Unpublished

aint that just dandy? But that is about the only thing that makes economic sense in RC.. cheap apartments and rent by the week motels. No one in their right mind would be foolish enough to actually buy a home in RC now. Rentals are about all you can get.

countyman
22957
Points
countyman 04/02/14 - 09:44 pm
4
2
Facts vs opinions

The sky is falling in Richmond County every single day lol.. The 200 acre Haynes Station neighborhood is under construction on Gordon Hwy, but somebody wants to portray nobody wants to buy a home in RC.

Please name one recently built 'cheap' private apartment complex in Richmond County?
1. Parc at Flowing Wells = $900 to $1400
2. Brigham Woods= $900 to $1400
3. Gateway Crossing = $850 to $1300

There's new apartments under construction near Grovetown at the I-20 exit. The same exit that many people on here consistently love to mention. The new apartments in the Riverwood Plantation area of Evans may have broke ground already.

The new hotel is located in the Augusta Exchange and not in the Augusta mall area. Can anyone name one 'cheap' Marriott hotel? The Residence Inn by Marriott in Columbus, GA is around $120 per night and the Augusta market is even more lucrative.

Gage Creed
21733
Points
Gage Creed 04/03/14 - 09:08 pm
2
1
lets talk in 5-10 years...

lets talk in 5-10 years...

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