Geis Construction, a multi-generational & national, family owned real estate and design build firm, has begun construction of an 12.6-acre site at The Exchange at Berwick in Savannah, Georgia, for Olympus Ventures, a real estate investment company, founded in 2000 and is based in Minneapolis, Minnesota. The site will be home to The Exchange Apartments at Berwick, a 180-unit multifamily complex with five buildings that will be three to four stories, with a detached clubhouse and pool.
“We are excited to be a part of the development of The Exchange in Savannah,” said Bob Fridrich, President at Geis Construction. “The community in Savannah is growing tremendously and projects like The Exchange are needed to support the expansion of the city.”
Minnesota-based OV Development, a subsidiary of Olympus Ventures, is the owner and developer of the apartment development and awarded the project to Geis Construction. Olympus Ventures, LLC, secured financing , and Geis Construction, mobilized and started construction in December 2023. The company plans to deliver the project during the second quarter of 2025.
“OV Development is excited to bring this apartment complex to Savannah. The site location is ideal for residential apartments, supporting the existing commercial infrastructure. The Exchange will be a Class A, multifamily project with an attractive architectural design. Its amenities include a state-of-the-art clubhouse, which includes a fitness center with an outdoor sport court, social lounge, substantial co-working space, perfect for remote work. Additionally, there will be a luxury-style pool, playground, dog run, courtyards with grilling and fire pits”, said Della Kolpin, Managing Director – Real Estate Development, with Olympus Ventures, LLC.
“Our team, at Geis presented strong, forward-thinking solutions, which complimented the original design from BSB Design, to bring the project on budget, to allow the project to move forward, and remain a high-class luxury development for our client.” said Brandon Kline, Vice President of Design for Geis Construction
The project team includes BSB Design, Inc., located in Charlotte, NC, who specialize in MultiFamily Projects Nationwide, as the Architect, and Kimley-Horn, located in Savannah, GA as the civil engineer.
About Geis Companies: For more than 55 years, Cleveland, OH -based Geis Companies has been a vertically integrated organization focused on modern construction and real estate development, regionally and nationally. The company’s Florida division is located in Fort Myers. Over the years, Geis has developed a full-cycle approach, consisting of six unique divisions, where each function independently but all work together to provide innate efficiencies in both quality and execution. Those services include construction, development, property management, interior design, architecture, and engineering. For more information, visit www.BuildGeis.com.