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Georgia Property Developer Uses Gigabit Fiber to Attract Residents, Tenants

Phillip Dampier October 7, 2013 Broadband Speed, Competition, Consumer News, Hotwire 1 Comment

hotwireGeorgia’s first gigabit fiberhood will serve residents of a luxury $600 million development now under construction in an Atlanta suburb.

North American Properties is partnering with Hotwire Communications to install an ultra high-speed fiber to the home broadband network offering gigabit speed to every resident, hotel guest, retail shop, restaurant and office worker at the Avalon development in Alpharetta, located north of Atlanta.

alpharetta“This is a game-changer for Alpharetta,” said Alpharetta mayor David Belle Isle. “Nowhere else in Georgia can you get gigabit service to your home and nowhere else but Alpharetta can a business take advantage of this cost-effective way to future-proof their operations.”

Avalon is a 2.4 million square foot mixed-use development that will open in October 2014. Phase one will consist of 250 luxury rental homes (average rent $1,400), 101 single-family homes ($400,000-1.7 million), 400,000 square feet of retail and restaurants and 108,000 square feet of loft office space.

The property developer hopes fiber broadband will help it attract around 800 permanent residents as well as be a selling point for commercial tenants.

Hotwire Communications specializes in overbuilding multiple dwelling residences with fiber service. The nearest competitors are Comcast and AT&T, neither which offer speeds at Hotwire’s level.

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txpatriot
txpatriot
11 years ago

Awesome — if more developers did this maybe they would spur the incumbent cablecos and telcos to follow suit.

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