Columbia Residential and Columbia Ventures CEO Noel Khalil, a giant in Atlanta affordable housing development, died Monday after a three-year battle with cancer, Columbia executives told Bisnow. He was 70.

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In 2013, Khalil formed Columbia Ventures, a market-rate and mixed-use division that partnered in the development of Studioplex in the Old Fourth Ward, Beacon Station in Augusta, and the transit-oriented mixed-use development connected to the Avondale MARTA station and Edgewood/Candler.

Columbia developed, owns and manages a number of projects around the Southeast, including the Villages at East Lake Gardenside, Amani Place in Edgewood, Capitol View Apartments, and many other Columbia-branded apartments and senior housing complexes in the city. Between 2018 and 2020, Columbia Residential and Columbia Ventures have invested in excess of $500M in 2,500 units of both affordable, mixed-income and market-rate units.

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Source: BISNOW – Atlanta

You may have previously visited the corner of Broughton and Abercorn streets to take out a loan or pay your utility bill, but in the coming years you might be there to enjoy a cocktail on Broughton Street’s only rooftop bar.

Designed by local group Levy & Kiley Architects 60 years ago, the Broughton Municipal Building at 132 East Broughton St. originally served as First Federal Savings & Loan before the city of Savannah purchased it in 1991. Now under the ownership of Columbia Ventures, it’s slated to become a 43-room hotel with a restaurant on the ground floor and a rooftop bar. Space will also include an entertainment and bar component in the basement.

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Source www.savannahnow.com

“An Atlanta developer has purchased the century-old Union Terminal Warehouse with plans for a multimillion-dollar redevelopment that could bring three stories of mixed-income apartments to the struggling East Jacksonville neighborhood that borders downtown on the other side of the Matthews Bridge expressway. …”

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Source: The Florida Times-Union/Jacksonville.com