River North breaks ground on LaGrange community Canopy Crest

by John Yellig

Via River North Real Estate Partners.

Atlanta-based River North Real Estate Partners recently broke ground on Canopy Crest, a build-to-rent single-family home community in LaGrange

The first phase will bring 152 duplexes, detached homes and “barndominium”-style residences with floor plans averaging 1,242 square feet. JLL Capital Markets helped secure $33.5 million in construction financing for the project, which is located on 44 acres at the intersection of Youngs Mill Road and Hammett Road. 

“The successful arrangement of construction financing for Canopy Crest reflects the strong fundamentals of the LaGrange market and the growing demand for build-to-rent housing,” JLL Managing Director John Davis said. “This project’s strategic location and comprehensive amenity package position it well to serve the area’s expanding workforce.” 

The community is slated to open in 2027. Via River North Real Estate Partners.

Homes will have granite countertops, stainless-steel appliances, vinylplank flooring, smart locks and thermostats and fenced backyards. Amenities will include a fitness center, pool, walking trails, dog parks, picnic areas and fire pits. 

The community is expected to open in 2027.  

“Canopy Crest reflects our belief that rental communities should offer more than housing; they should create a sense of place,” River North Principal Jim Knight said. “LaGrange is experiencing meaningful economic and employment growth, and we see a clear need for high-quality rental homes that support today’s workforce while contributing positively to the fabric of the community.” 

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