The City of Lilburn continues its commitment to expanding Old Town with vibrant new housing and retail, as RangeWater Real Estate announces the acquisition of four acres near Lilburn City Park and the Camp Creek Greenway Trail in the Atlanta, Georgia MSA.
This thoughtfully designed community will add 269 high-quality rental residences, further strengthening the district’s walkability and small-town charm. RangeWater is developing the community in partnership with TMGRI (a subsidiary of The Meridian Group, “TMG”), a Dallas-based group established in 2024 focusing on development and opportunistic investing opportunities across the residential and industrial sectors in growth markets in the Southeast, Texas, Arizona, and Colorado.
“We are proud to partner with the city to bring their vision for Old Town to life, providing new housing and amenities that enhance the community’s appeal for both residents and businesses,” said Rob Sucher, Managing Director of Development for RangeWater. “This project will serve as a catalyst for redevelopment in the next chapter of Lilburn’s history. The city council and staff have played a crucial role in providing support and guidance, ensuring this project becomes the first-class rental housing option that both current and future residents of Lilburn deserve.”
By working closely with the City of Lilburn and the Downtown Development Authority (DDA), RangeWater is supporting the city’s vision of creating a dynamic and connected downtown. With ongoing investments in new retail, restaurants, and residential options, Old Town Lilburn is attracting residents and businesses alike, ensuring its future as a vibrant hub.
“The City of Lilburn has been incredibly blessed to receive a $75 million ‘gift’ (investment) from RangeWater that will provide gorgeous housing for new residents in Old Town,” said Lilburn Mayor Johnny Crist. “I am confident that this private investment will result in additional eating establishments, retail, and job opportunities as Old Town continues to grow. The public/private parking deck is essential. Make no mistake about it—we are proud partners in this transformative development.”
Situated at 45 Railroad Avenue, the site benefits from proximity to the greater Atlanta MSA and contributes to Lilburn’s downtown revitalization. Located in the heart of the charming commercial corridor along Main Street amid boutique retail, co-working space, and multiple restaurants, the site is within a 20-minute drive to more than three million jobs. Additionally, residents will have direct access to the recently completed 4.2-mile Camp Creek Greenway and Lilburn’s 10-acre City Park.
The property will feature a boutique gym and wellness facility, co-working space, a dog spa, a resident bar, and a lounge with vaulted ceilings. Exterior amenities include three courtyard houses allowing residents direct access to a swimming pool, outdoor grills, ‘Charleston-style’ gardens for resident al-fresco dining, a public/private amphitheater-style courtyard, and a trailhead for residents and locals to traverse the Greenway trail. Hailing from Lilburn’s railroad roots, the project design borrows aesthetic elements from both historic downtown Lilburn and the golden age of rail.
RangeWater is a fully integrated multifamily real estate company creating fulfilling experiences for its partners, clients, residents, and employees across the Sun Belt and Mountain West. With a diversified portfolio of multifamily, build-to-rent, and mixed-use real estate assets, the Atlanta-based company has acquired and developed more than 36,000 multifamily units since its inception in 2006, representing over $7.1 billion in total capitalization. RangeWater blends local market knowledge and subject matter expertise to create places and experiences that redefine community, currently managing a portfolio of more than 72,000 multifamily units across 13 states. With offices in Atlanta, Charlotte, Dallas, Denver, and Tampa, RangeWater targets high job growth markets with demand for new housing.
