RangeWater Real Estate Breaks Ground On 274-Unit Multifamily Community at Lulah Hills

Atlanta-Based Developer to Bring New Rental Housing to Transformative 73-Acre Mixed-Use Destination

ATLANTA, Oct. 13, 2026 /PRNewswire/ -- RangeWater Real Estate and Nippon Steel Kowa Real Estate Co. (NSKRE) have broken ground on Ellory House, a 274-apartment community with 39,000 square feet of integrated retail. Ellory House is being constructed at the center of Lulah Hills, EDENS' transformative 73-acre mixed-use redevelopment of the former North DeKalb Mall.

"We are eager to bring this building to life within Lulah Hills, one of the Atlanta region's most exciting developments. Ellory House and Lulah Hills will set the standard for walkable, high-quality infill development in this market," said Brian Oates, Executive Managing Director of Development at RangeWater.

Herbert Ames, Managing Director at EDENS and Southeast regional lead, added, "Our partnership with RangeWater and NSKRE marks an important milestone in the redevelopment of Lulah Hills, introducing an additional high-quality residential offering and bringing us closer to realizing our vision for a vibrant and connected mixed-use community."

Ellory House will be located directly along Lulah Hills' main street, Lulah Avenue, and across from the development's largest green space, Lemon Park, placing residents at the center of the destination's retail, dining and gathering spaces. The project will be part of Lulah Hills' broader development plan, which includes 320,000 square feet of grocery-anchored, high-end retail with for-sale and rental housing oriented around a walkable Main Street.

Lulah Hills is positioned within Atlanta's established "Eds & Meds" corridor, anchored by major educational, medical and research institutions including Emory University, Emory University Hospital, Children's Healthcare of Atlanta, Emory Decatur Hospital, the Centers for Disease Control and Prevention, and the Veterans Affairs Hospital. The development also addresses a growing demand for the convenience and connectivity of an urban lifestyle within an established suburban market.

The retail component of the property will further enhance the residential experience, with EDENS constructing a curated mix of local and regional restaurants and businesses, a Publix, and national retail brands.

This development represents RangeWater's first development deal with NSKRE and the 31st in the Atlanta market and is co-sponsored by EDENS.

About RangeWater Real Estate

RangeWater Real Estate is a multifamily investment company creating fulfilling experiences for its partners, investors, 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 nearly 37,900 multifamily units since its inception in 2006, representing $7.5 billion in total capitalization. RangeWater blends local market knowledge and subject matter expertise to create places and experiences that redefine community. With offices in Atlanta, Charlotte, Dallas, Denver, and Jacksonville, RangeWater targets high job growth markets with demand for rental housing.

For more information, visit www.RangeWaterRE.com.

SOURCE RangeWater Real Estate, LLC