Rendering 1 attached: Exterior of Southern Post

VIRGINIA BEACH, Va. – October 27, 2021 — Armada Hoffler Properties, Inc. (NYSE: AHH) announced today that construction will begin at Southern Post in the fourth quarter of 2021. The 260,000-square-foot mixed-use development project, wholly owned by the company, is in historic downtown Roswell, Georgia, and scheduled for initial delivery in summer 2023. The developer is also pleased to announce two new tenants coming to the property, Belux Coffee and Azotea Cantina.

In collaboration with the city, Southern Post is designed to honor Roswell’s historical charm and serve as a gathering spot for residents. Plans for the project include 128 luxury apartment units, 9 exclusive townhomes, 95,000 square feet of creative loft office space, 40,000 square feet of pedestrian-friendly retail and structured parking. The project's architecture will incorporate elements that have been used throughout Roswell's historic district, with the addition of modern components. Estimated development and construction costs for the project are expected to total approximately $110 million. 

“We are excited to move forward with this transformative project in the city of Roswell,” said Louis Haddad, president and CEO of Armada Hoffler Properties. “Southern Post will be a true mixed-use development on an intimate scale that brings together the synergies of the urban lifestyle and a close-knit community.”

Armada Hoffler Construction Company, a wholly owned subsidiary of the company, will serve as the general contractor for this project.

Retail and office space is currently available for lease. The apartments will begin preleasing in the first quarter of 2023. For more information on leasing, visit SouthernPostRoswell.com

About Armada Hoffler Properties, Inc. 

Armada Hoffler Properties (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust with four decades of experience developing, building, acquiring and managing high-quality office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. The Company also provides general construction and development services to third-party clients, in addition to developing and building properties to be placed in their stabilized portfolio. Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has elected to be taxed as a REIT for U.S. federal income tax purposes. For more information visit ArmadaHoffler.com.

Investor Relations Contact:

Michael P. O’Hara

Armada Hoffler Properties, Inc.

Chief Financial Officer, Treasurer, and Secretary

757-366-6684

Media Relations Contact:

Chelsea D. Forrest

Armada Hoffler Properties, Inc. 

Director of Marketing

757-612-4248

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