Move Allows Residential Developer to Focus on Future Opportunities

Atlanta (January 30, 2019) — Miller Lowry Developments, MLD, has entered into a strategic partnership with award-winning Waterford Homes to develop two subdivisions near in historic downtown Norcross.

The move is a critical milestone for MLD, which since 2003 has redeveloped several historic and iconic neighborhoods in and around Atlanta. The partnership allows MLD to focus on larger-scale development solutions by shifting the general contractor role to one of the best-known custom residential builders in Atlanta.

“By partnering with one of Atlanta’s most respected private homebuilding companies, we will be looking more broadly at the development opportunities while seeking to form successful partnerships with the best real estate companies in metro Atlanta,” said Miller Lowry, CEO and Founder, MLD. “I’ve long-admired David Clough, who is one of the best known builders in the state. We are thrilled to announce this new partnership with Waterford Homes.”

Old Norcross Estates is a 14 home subdivision within walking distance of downtown Norcross. Each home is designed to reflect and preserve the history of Norcross, with architecturally distinct designs on large lots evoking modern-style farm houses. They will feature top of market amenities including chef’s kitchens and open floor plans.

The 19-home Astoria is an infill community within walking distance of downtown Norcross, with timeless designs and quality finishes. Homes will have open floor plans, 10-foot ceilings on the first floor and gourmet chef’s kitchens and smaller, traditional lots. Waterford will deliver the second phase of the project for MLD.

MLD delivered Vickers and Blacksmith Row in historic downtown Roswell late last year, and started construction on The Felix, a 15-unit luxury townhome development in West Midtown this year. It also hired several key, experienced executives. The partnership with Waterford Homes continues the company’s momentum and growth.

About Miller Lowry Developments

Founded in 2003, Miller Lowry Developments delivers high-end residential homes, urban mixed-use, commercial and multi-family projects in historic and iconic submarkets in and around Atlanta. In total, Miller Lowry Developments has completed more than 50 luxury homes, 50 luxury townhomes, and 15 mixed-use and commercial projects totaling over 250,000 square feet and $205 million value. For more information, please visit www.millerlowry.com.

About Waterford Homes

Having delivered more than 2,500 quality homes in many Atlanta communities, Waterford is one of Atlanta’s most successful homebuilders. It has been honored by the Greater Atlanta Home Builders Association as the Builder of the Year, and Clough has been honored with the Lewis Cenker Award, which recognizes an individual’s lifetime achievement in the housing industry.

For more information, please visit www.waterfordhomes.com.