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.
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.
Source: BISNOW – Atlanta