Augusta firm building 240-unit apartment complex

The Giddings Group newest real estate development, the Augusta-based Gateway Crossing, made headlines in Bloomberg Businessweek. Here is a bit of the story, but to learn more about Gateway Crossing, read the full article.

An Augusta real estate development firm has started preparing the site for a high-end, 240-unit apartment complex on Mason McKnight Jr. Parkway in west Augusta.

The community will be called Gateway Crossing Luxury Apart­ments, and infrastructure work is under way, said Peter Caye III, the managing partner of The Giddings Group LLC. Caye said there will be a groundbreaking with city leaders Oct. 17.

Gateway Crossing will begin leasing in January, offering one- to three-bedroom apartments ranging from 650 to 1,400 square feet. The buildings will be three stories tall. Amenities will include a resort-style pool with cabana, health club/quality fitness center and business center.

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