POOLER, Ga., March 31, 2025 /PRNewswire/ — Vista Residential Partners, a national multifamily development firm, has broken ground on 14.8 acres on East Marketplace Way in Pooler, Georgia, for the development of Clear Lake Vista, a 297-unit multifamily project a part of the 181-acre master mixed-use development “Clear Lake Reserve”.
Clear Lake Vista will service the pent-up demand of Class-A multifamily finishes and amenities with a mix of 1, 2 and 3-bedroom apartment units. Interior finishes include granite countertops in the kitchen/bath areas, stainless steel appliances, subway-tile backsplashes, wood-like flooring, tiled shower surround, and washer/dryer in each unit. Residents will benefit from a full amenity set including a resort-style pool, fitness area, pickleball court, clubhouse with coffee machines, package center, dog park and direct access to commercial uses within Clear Lake Reserve.
“Pooler and the greater Savannah submarket continues to undergo a population and job growth explosion catalyzed by a uniquely resilient economic environment that is uncommon among medium-sized markets” says Chase Beasley, Managing Director of Vista Residential Partners. “This significant growth will enable the submarket to continue on its upward trajectory within the nation, and we could not be more pleased to invest in the market with a quality driven product providing residents first-class finishes and amenity offerings.”
Located along the I-16 Corridor of Savannah, the project is approximately 13 miles West of downtown Savannah, 12 miles SE of the Hyundai Meta-plant and 8 miles South of Savannah International Airport. The submarket corridor has seen explosive growth over the past decade, primarily due to job growth within manufacturing, logistics, aerospace/airlines, healthcare and food/beverage.
30 million SF of industrial space is currently under construction within 15 miles of Clear Lake Vista while the Port of Savannah is projected to become the fourth largest port in the US by volume by 2030. With $106 billion in transaction volume, over five planned expansion projects, and additional capital improvements approved, the Port of Savannah continues to be an economic powerhouse fostering growth statewide.
South Korean automaker Hyundai is close to completing their $5.5 billion manufacturing facility nearby. The plant will employ 8,500 workers between an electric vehicle assembly plant and an adjacent EV battery factory, making it the largest single economic development project in Georgia history. In addition to the announced job offerings by Hyundai, $2.4 billion dollars of investment by ancillary producers is expected to bring an additional 6,700 jobs.
“Vista continues to focus on delivering high-quality multifamily developments in markets experiencing outsized job and population growth”, says Scott Hartley, Chief Investment Officer for Vista Residential Partners. “Alongside PointOne Holdings and Amerant Bank, we’re excited to close on our second development in Savannah.”
About Vista Residential Partners: Vista Residential Partners was founded in 2000 by Eduardo de Guardiola, an industry veteran with over 30 years of experience in multifamily investments and more. Headquartered in Atlanta, Georgia, Vista Residential Partners has 9 regional offices nationwide with a focus on the acquisition, development, and construction of multifamily and mixed-use communities.
Contact:
Natalie de Guardiola
ndg@vistarp.com
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SOURCE Vista Residential Partners
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