UrbanizeAtlNewsBot@yall.theatl.social

UrbanizeAtlNewsBot@yall.theatl.social

Near Savannah’s River Street, 36-acre island project in works Josh Green Fri, 10/11/2024 - 14:00 A sizable, waterside residential community is in the pipeline with hopes of capitalizing on downtown Savannah’s cachet and city growth that’s recently been described as “explosive.”

National residential developer Trilogy Investment Company has partnered with Atlanta-based real estate investment firm Kingdom Estates to acquire a 36-acre parcel on Hutchinson Island in Savannah’s River District for $17 million.

The property is set across the Savannah River from the city’s famed River Street, virtually in the shadow of the Talmadge Memorial Bridge. It’s described by project leaders as being a five-minute drive—or short ferry ride—from Savannah’s downtown Historic District.

Plans call for rebranding and redeveloping a project previously planned for the site called The Reserve at Savannah Harbor, which counts a few large homes and infrastructure in place.

The revised name hasn’t been revealed, and project reps tell Urbanize Atlanta no renderings or other images for the project are available yet.

According to Trilogy officials, plans now call for building 198 townhomes and single-family houses on Hutchinson Island across multiple phases. Several “acclaimed builders” including Southern Coastal Homes will be brought in to develop the housing, per Trilogy.

The project’s location (circled) in relation to downtown Savannah and the city’s airport. The Reserve At Savannah Harbor

View of Savannah’s River Street from Hutchinson Island. Shutterstock

The initial phase, slated to begin construction in January, will see 90 homes total—a mix of townhomes, villas, and single-family dwellings. Trilogy’s schedule calls for delivering that in the third quarter of next year.

Some homes will count city views of downtown Savannah, while others will be situated on Hutchison Island’s golf course and terrace, per the developer.

Planned amenities call for formal and vegetable gardens, a tennis and pickleball facility with a shaded viewing area, and a large pool with cabanas and daybeds.

Trilogy officials say the deal continues their goal of building needed housing throughout the Sunbelt, both for-sale and rent.

“We were drawn by the market’s demand for higher-end residential and Hutchinson Island’s prime location,” said Jason Joseph, Trilogy’s CEO and managing partner, in an announcement this week. “[The project] allows us to further the area’s redevelopment and offer a new dimension in housing options within Savannah’s urban core.”

View of the Talmadge Memorial Bridge’s connection to Hutchinson Island. The new community will be located to the right. Shutterstock

Hutchinson Island’s primary attraction today is the Savannah Convention Center and Westin Hotel, with 18-hole the Club at Savannah Harbor golf course next door. Also on the island, the 35-acre, mixed-use Savannah Harbor project is taking shape with residences, retail, and greenspace.

Elsewhere on Hutchinson Island, the IGY Savannah Harbor Marina—featuring 100 berths for all types of vessels, including more than 1,000 linear feet for deep-draft superyachts—is set to open near the convention center next spring, per Trilogy.

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