Business
Business

Oglethorpe University, Gables to partner on apartments

By
Sept 3, 2014

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

J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.

Follow J. Scott Trubey on twitter
More Stories

Keep Reading

UPS, the Sandy Springs-based delivery and supply chain giant, has added fees to cover just the labor needed to facilitate the processing of all these new tariffs. (File/AJC)

Tariff exemption’s end for small orders means higher costs, postal disruptions

The Trump administration is ending an exemption that has spared imports into the U.S. below the value of $800 from import duties.

4m ago

Former AJC investigative editor recognized nationally for four-decade career

Lois Norder directed investigations exposing fraud and abuse in housing, health care, education and the prison system.

Home Depot’s $5.5B GMS deal gets final antitrust clearance with Canadian OK

Home Depot said it has received clearance from the Canadian Competition Bureau for its pending $5.5 billion acquisition of specialty building products distributor GMS Inc.

The Latest

A long line of 2024 Bronco utility vehicles sit on display at Ford dealership in Denver. Automakers and dealerships can disguise price increases. (David Zalubowski/AP 2024)

Credit: AP

New car prices are going up, but you might not notice (yet)

OPINION

How to find car deals in times of tariffs

DATA SURGE

Data centers need a lot more juice. Georgia consumers fear being squeezed.

Featured

An aerial view captures a large area under construction for a new data center campus on Thursday, May 29, 2025. Developed by QTS, the data center campus near Fayetteville is one of the largest under construction in Georgia. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

Georgia could restart regional energy, water reviews for data center proposals

Georgia is weighing rule changes to once again make certain data centers disclose information about their resource requirements to local planning authorities.

From Ponzi fallout to party power: Frost dynasty clings to Coweta GOP

By the end of the two-hour meeting, Brant Frost V had stepped down as Coweta County GOP chair. But in a show of his continued influence, he took on a new role.

After a decade of delays, $148M renovation to Cross Keys High begins

The $148 million project is expected to be completed in 2028. The school, which serves about 1,600 students, will remain open during construction.