Milestone will provide credit enhancement as part of a partnership with Windsor Stevens for the development of The Proctor, a Class-A, eight-floor, 142-unit mixed-use development located in Atlanta’s West Midtown submarket. This midrise building will also contain 10,000 square feet of ground-floor retail. Located adjacent to Georgia Tech, the property is strategically positioned to capitalize on the area’s forward growth, while providing residents access to diverse employment opportunities, best-in-class build quality, exceptional demographics, and unmatched local amenities.
William Wells, CEO of Milestone Partners, said, “The Proctor is just the latest example of the impressive growth trajectory of the economically and socially compelling West Midtown market. We are thrilled to play even a small role in the ongoing development of such a vibrant community.”
The Proctor is expected to break ground by Q4-2024 with planned completion by Q4-2026.
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Windsor Stevens was founded by Atlanta developer Rod Mullice, whose portfolio includes transit-focused projects such as The Pad on Harvard in College Park.
Milestone Partners is a Co-GP fund that also provides credit enhancement to select partners.
