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ECI Group Breaks Ground on $60M, Retail and Residential Mixed-Use Project in the Savannah, GA MSA


News provided by

ECI Group

Aug 25, 2025, 14:38 ET

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The Averly Richmond Hill offers retail pads with direct frontage along Ford Avenue in Rapidly Growing Richmond Hill, GA

ATLANTA, Aug. 25, 2025 /PRNewswire/ -- ECI Group (ECI) on August 20th, 2025 celebrated the groundbreaking of The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage along Ford Avenue in Richmond Hill, GA. ECI Construction is the general contractor, with construction financing provided by Synovus and CIBC, and will deliver pad ready retail sites in Q1 2026 for tenants. ECI has been active in the Savannah Metro since 2015, having constructed one project and purchased another.

Ashley Smith and Tyler Mouchet of Colliers | Savannah have been selected to market the 3.5+ acres of retail pad sites, which are available for ground lease. Behind the commercial acreage, ECI is constructing 291 residential units, composed of 243 one-, two-, and three-bedroom apartment residences along with 48 three-bedroom, two-car garage townhome residences.

For retail pad site information, please visit here. For community information, please visit here.

"We are very excited to move forward on this mixed-use development," said ECI Vice President of Development, Stephen Stover. "We feel strongly that continued job growth across the Savannah MSA, particularly in the industrial and logistics sectors, as well as population growth in the affluent Richmond Hill submarket, offer an exciting opportunity for retailers to locate on our site."

"Richmond Hill is one of the most dynamic and rapidly growing submarkets in the Savannah region, and The Averly Richmond Hill presents a rare opportunity for retailers to secure high-visibility frontage along Ford Avenue," said Tyler Mouchet, Associate Vice President at Colliers | Savannah. "With strong population growth, proximity to major employers, and exceptional access to I-95, this project is ideally positioned to attract a diverse mix of tenants to serve the surrounding community."

The Averly Richmond Hill will feature:

  • 8,400 square foot clubhouse with clubroom, state-of-the-art fitness center, co-working, and automated package facilities
  • Dog park
  • Expansive pool
  • Two amenity courtyards

One, two, and three-bedroom floor plans feature open-concept design, with full-size washers and dryers as well as:

  • 243 apartment-style units
  • 48 three-story townhouses with two car garages
  • Vinyl plank hardwood-style flooring
  • Quartz countertops with undermount sinks
  • Designer cabinets and light fixtures
  • Large kitchen islands
  • Large walk-in closets
  • Tiled kitchen backsplashes and bathroom surrounds
  • Stainless steel appliances
  • Private porch or balcony in every unit
  • Ceiling fans in bedrooms and living area

The Averly Richmond Hill is located less than one mile from I-95 in the center of Richmond Hill's growing retail and commercial district, with direct access to primary highways and area job centers. Major local employers include Hyundai, Gulfstream, Georgia Ports, and Fort Stewart. The community's younger residents can attend Richmond Hill's highly rated school district.

About ECI Group

For more than 50 years, ECI Group has been one of the most highly regarded, privately owned real estate organizations in the United States. The firm is fully integrated, with development, construction, investment, and property management groups that have garnered national recognition for innovation and performance in the multifamily industry. With a portfolio of more than 7,500 units located throughout the Southeast and Texas, ECI is strategically positioned to continue to be a leader in the multifamily industry. For more information, visit www.ecigroups.com.

Media Contact:
Karen Widmayer
KW Communications, LLC
karenwidmayerpr@gmail.com
301.661.1448

SOURCE ECI Group

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