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A joint venture of Novare Group, Batson-Cook Development Co. and PointOne Holdings has opened The Parker, a 330-unit luxury community in Acworth, Ga., an Atlanta submarket. Partners on the project included architecture firm Dynamik Design and general contractor Stratus Construction.

The developers broke ground on the project in August 2023. That same year, the companies took out a $53.3 million construction loan from City National Bank of Florida, according to Yardi Matrix information. The note is set to expire in July 2027.

Located at 5944 Highway 92, The Parker is 7 miles from downtown Acworth. Hartsfield-Jackson Atlanta International Airport is within 37 miles, while downtown Atlanta is 28 miles southeast.