Hathaway Announces New Development in Freeport, FL
Atlanta, GA (January 2025) — Hathaway and its strategic equity partners Lynx Capital, LLC and Marble Capital LP recently closed a transaction to acquire 24.5 acres to do ground-up construction on a 300-unit class "A" garden-style apartment community in Freeport, FL
The Project is located approximately 25 minutes north of the beaches of South Walton on the east side of HWY 331. The Site is located in Owl's Head, a mixed-use, master-planned community that will have single-family residential, retail, and multifamily components. The project is set to break ground immediately and is planned to be fully constructed in the 3rd quarter of 2026.
The project will be named Exchange at Owls Head Apartments and is planned to begin leasing in 1st quarter of 2026. The multifamily community will offer 1-, 2-, and 3-bedroom floor plans featuring granite countertops in kitchens and bathrooms, 9-foot ceilings, oversized walk-in closets, and spacious balconies/patios. Amenities include a Clubhouse, state-of-the-art Fitness Center, electric car-charging stations, 24/7 package concierge lockers, dog wash/park, valet trash service, an outdoor grilling area, and a resort-style swimming pool.
Hathaway is headquartered in Atlanta, GA, and operates in multiple primary, secondary, and tertiary markets across the country. Since its inception, Hathaway has developed, acquired, and/or built over 20,000 multi- family residential units in 9 states, totaling over $1 billion in asset creation for its investors and clients. By focusing on a variety of markets, Hathaway has positioned itself to appeal to a wider range of investors and, at the same time, worked through inevitable, challenging market changes. Hathaway's primary objective is to provide the highest yield to its investors, while focusing on the desires and expectations of its residents in each community.