All posts tagged: Rod Mullice

Marrying New Developments with TOD

AirRealty is set to break ground on a 109-unit apartment development in College Park, Ga. The suburban Atlanta project taps into an emerging area of the market that aims to marry new developments with important transit and infrastructure, said Rod Mullice, an investor in AirRealty and national director for the transit-oriented development practice at Colliers International. ThePad on Harvard Residential has secured $16.5m of financing from Atlantic Capital Bank and is set to see construction start shortly. “[This is a] trend that will go on for a while. We’ve changed our transportation policies in the country and we will start to see more density around transit systems,” Mullice said. Mullice’s involvement with the deal dates back to 2011, when he was asked to study the potential of the site by Atlanta’s transit authority. “We completed a study that determined that the highest correlation of station to station traffic inside of Atlanta’s 38-station system was between College Park and the airport,” he said. In 2012, the site – 400 feet from a transit stop and close …