LANE TO DEVELOP UPSCALE ATLANTA APARTMENT COMPLEX

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ATLANTA — Lane Company is developing No. 10 Park, a $60 million, 312-unit upscale rental community in Atlanta. The five-story apartment building will feature one- and two-bedroom units. Amenities will include a resort-style pool, fitness center, Internet café, conference room and landscaped courtyards. Initial occupancy will begin next summer, followed by full completion in fall 2009. The two equity partners for the project are Eagle Realty and an affiliate of W&D Enterprises. Lane Realty Construction is the general contractor, and the project architect is The Preston Partnership. Lane will also lease and manage the apartments. The community will be located one-half mile from Interstate 285 and less than 2 miles from Georgia 400.

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