Lockwood Companies breaks ground on affordable senior housing community in Albany
Lockwood’s “Dogwood Trail Apartments II” will feature 40 units and continue the revitalization of the east Albany area
SOUTHFIELD, Mich. – December 17, 2025 – Lockwood Companies, a leader in affordable and senior housing development, has broken ground on a new affordable senior housing community in Albany, Georgia. “Dogwood Trail Apartments II” is the second phase of the master planned redevelopment of the area. The announcement was made by Mark Lockwood, President & CEO, Lockwood Companies.
Situated on 3.46 acres and located at the intersection of Clark Avenue and Marie Road, Dogwood Trail Apartments II will feature 20 one-bedroom and 20 two-bedroom apartments for those aged 55 and up. The units will feature kitchen appliances, including dishwashers, washer/dryer connections, pre-wired for cable/Internet, designed for energy and efficiency and will be certified under the National Green Building Standards program. A bus stop is 0.2 miles away and shopping options are in a walkable distance of 1.5 miles.
“We are pleased to break ground on this transformative project, contributing to the continued revitalization of this East Albany neighborhood,” said Lockwood. “As in most parts of the country, the senior population here is greatly underserved. Dogwood Trail Apartments II will provide a high quality housing option with amenities and services that encourage a sense of community.”
In partnership with the Albany Housing Authority, Dogwood Trail Apartments II will offer eight units with project-based Housing Choice Vouchers. Four of the units will be targeted toward supportive housing for the community’s most vulnerable seniors. In addition, rent will be structured to serve residents at 30%, 50%, 60% and 70% of area median income.
“Lockwood Companies, in collaboration with public and private community partners, is committed to this community and the development of the Dogwood Trail Transformation Plan,” added Lockwood. “We are grateful to the City for their continued investment in the area, including infrastructure projects such as the paving of streets and creation of sidewalks, all designed to improve safety, the quality of life and build a stable environment for residents and the surrounding community.”
Attendees at the groundbreaking event included elected officials, key city staff, local residents, and representatives from Lockwood Companies. Construction is estimated to take 14 months with a scheduled opening in winter 2027.
For more information on Lockwood Companies, please visit www.lockwoodcompanies.com.
About Lockwood Companies
Lockwood Companies currently manages a portfolio of more than 3,100 apartment homes, including 23 multi-family and 5 independent living communities. We have unique expertise in developing senior housing and new or rehabilitated multi-family housing and condominiums. Lockwood Companies has earned a reputation as a high-quality builder and developer of affordable housing and has a specialization in HUD financed and/or program administration. Our firm has a long history of successfully creating new communities for families and providing long-term value to investors.
Lockwood Companies also serves as a full-service property management company. By design, our Area and Regional Managers oversee a smaller portfolio of properties, providing highly responsive customer service, including a policy of not more than a 24-hour response time for interior apartment service work.
Lockwood is a family-owned company and headquartered in Southfield, Michigan. For more information, please visit http://www.lockwoodcompanies.com or call 248.203.0991.
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