Harmony at Douglasville Construction Loan Closed

Closed on Construction Loan 6/17/21

Smith/Packett recently closed on the construction loan for a new 115 unit Assisted Living Facility with Dedicated Memory Care Wing in the vibrant city of Douglasville, GA, just outside of Atlanta. Named Harmony at Douglasville, this community is located at 4595 Timber Ridge Drive. This central location allows easy access to medical, residential neighborhoods, and Interstate 20. The community will be managed by Harmony Senior Services, adding to Harmony’s existing portfolio in Georgia.

Located next to Wellstar Douglas Hospital as well as medical offices offering a wide range of specialties, Harmony at Douglasville features 83 spacious assisted living apartments and 32 Harmony Square apartments in a dedicated memory care wing. Harmony at Douglasville features multiple outdoor courtyards as well as amenities like fitness and therapy rooms, a theatre, and a salon.

Harmony at Douglasville will offer an assortment of living options and floor plans with one-bedroom, two-bedroom, and studio apartments available. The 99,500 square foot community has a Total Project Cost of nearly $22,000,000.

Ra-Lin Construction commenced construction in July 2021 and the community is projected to open in early 2023.