Atlanta Real Estate News category interest

The Integral Group unveiled Veranda at Assembly, a residential phase of the master-planned development on the site of the former General Motors plant. Assembly is a 165-acre mixed-use development that has already introduced commercial, entertainment, and job opportunities to the region.

Once home to 4,500 jobs, the Assembly site sat idle after GM’s closure in 2008. The Assembly development commenced in 2014 when Integral, in partnership with Consolidated Asset Management Services and Macauley Schmit andamp; Associates, acquired the site for $50 million. After it bought the property, Integral oversaw the demolition of four million square feet of buildings along with the remediation efforts.

Integral recently delivered 100 residential units specifically designed for seniors, with some homes addressing the need for affordable housing. The $45 million project, located at 5955 Peachtree Road, received financing through 9 percent low-income housing tax credits allocated by the Georgia Department of Community Affairs. McShane Construction was the contractor on the project.

Veranda at Assembly marks the completion of The Integral Group’ involvement at the site. Integral’s early developments included Third Rail Studios, Serta Simmons Bedding’s Headquarters, and Asbury Automotive.