Atlanta, GA

High Street Residential Closes on Four Acres in Atlanta for Transit-Oriented Multifamily Community

April 15, 2024

Aerial view of the Residences at Perimeter Summit

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High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, closed on four acres of land and announced plans for a transit-oriented multifamily development in Brookhaven, Georgia. Known as the Residences at Perimeter Summit, the community will offer 350 luxury rental units within the Central Perimeter. Construction is expected to begin by the end of the year and the project will welcome its first residents in the fall of 2026.

Located at 5005 Perimeter Summit Boulevard, the development is part of Perimeter Summit, a dynamic mixed-use community that consists of 1.7M square feet of office and retail space across four buildings, a 182-room hotel, and a condo building that is located just south of I-285, east of GA-400, and within walking distance to two MARTA stations.

The Residences at Perimeter Summit will include a mix of studio to two-bedroom apartments, with the average unit offering more than 900 square feet of living space and luxury finishes. Future residents will have access to an impressive amenity collection, including a resort-style-pool, a fitness center, a clubroom, a business center with a private conference room, an elevated resident lounge and entertaining kitchen with views of the Perimeter, package lockers, and a dog park. The seven-story development will consist of five floors of wood frame over parking with 475 resident parking spaces.

Cooper Carry is the project’s architect of record.

“We look forward to developing the Residences at Perimeter Summit within the vibrant Perimeter Summit community. This is a project that we believe will help continue to improve this best-in-class neighborhood with a luxury rental offering that caters well to the existing demographic and surrounding community,” said Scott Kirchhoff of High Street Residential. “Located within Brookhaven, a premier Atlanta Metro city offering a historic community inside of I-285, this neighborhood encompasses all that is best with living in Atlanta: proximity to one of the liveliest office markets in the country, a great school system, strong public safety, impressive park and recreation amenities, and an abundance of retail options. The location is bolstered by Atlanta’s multifamily fundamentals, which continue to remain strong. We see this as a strategic opportunity to grow our brand and position in Atlanta as a top multifamily developer, while providing much needed housing to the Metro. We look forward to progressing this development within the City of Brookhaven and are excited to deliver a true Class A rental experience.”

High Street Residential

High Street Residential, the residential subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. In the last 15 years, the firm has completed over $4 billion with a current pipeline of more than 6,500 units. For more information, visit www.highstreetresidential.com.

Trammell Crow Company

Trammell Crow Company (TCC) is a leading commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired 3,000 buildings valued at $90 billion spanning more than 700 million square feet. As of March 31, 2025, TCC had $18.3 billion of projects in process and $12.8 billion in its pipeline. With 550 employees throughout the United States and Europe in 27 offices, the company serves users of and investors in office, industrial/logistics, healthcare, life science, data center and mixed-use projects, as well as multifamily residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.