Oglethorpe University, Gables to partner on apartments

Oglethorpe University and Atlanta-based Gables Residential plan to develop an apartment project with classroom space on land the university owns in Brookhaven.

The project, to be known as Gables Oglethorpe at Hermance Drive and Peachtree Road, is expected to open in August 2015 with 374 apartment homes in two buildings.

“Oglethorpe’s residence halls are near capacity and we are need of additional space to accommodate our continued growth,” Oglethorpe President Lawrence Schall said in a news release. “Our partnership with Gables Residential will allow us to fulfill that need as the new community will offer an alternative living choice for our students while shifting the financial risk away from the university.”

Oglethorpe, a private institution, was founded in 1835 and has about 1,100 students. The university plans to grow enrollment to 1,500 by 2020, according to the release. The new residential towers will feature the campus’ traditional Gothic architecture.

About the Author

Norfolk Southern and Union Pacific shareholders OK merger. Here’s what’s next.

The proposed mega-railroad company would be headquartered in Omaha, Nebraska, sending anxiety through the company's Atlanta ranks, where Norfolk Southern is based.

Design firm chosen to turn Midtown Atlanta eyesore into high-profile park

The look and feel of a planned public park in Atlanta’s largest high-rise district is soon going to take form.

Atlanta area home prices fell in October with steep declines in some places

Metro Atlanta's median sales prices dropped in October as more inventory is on the market.

The Latest

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Credit: Bloomberg via Getty Images

Prosecutor takes helm of Georgia case against Trump. But will he move forward?

A veteran Georgia prosecutor will decide the fate of Fulton County District Attorney Fani Willis' election interference case against Donald Trump and his allies.

With some solar power tax breaks expiring, Georgians rush to catch the sun

Georgia solar installers say they’re seeing a surge of customers trying to install rooftop solar systems before federal tax credits go away at the end of the year.

‘Automatic for the People’: Weaver D’s still bonds Athens as era nears end

After feeding everyone from R.E.M. to Brian Kemp, and coining a phrase that went global, Dexter Weaver is preparing to close his storied Athens soul food restaurant.