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This Week in Atlanta Real Estate: NBA star buys mansion for $12.5 million, Lenox Road revitalization, and more

by Barbra Murray

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Lots of exciting things happened this week in the world of real estate. Notable news this week included NBA star Dwight Howard’s purchase of a mansion for $12.5 million, a proposal to improve Lenox Road, and more.

If you missed any news this week, be sure to catch up with our weekly roundup:

•NBA star buys mansion for $12.5 million – NBA star Dwight Howard has joined the Atlanta real estate fray with a $12.5 million purchase. Atlanta Business Chronicle details the star-studded mansion here.

•Work on Lenox Road expected to start in August – The Buckhead Community Improvement District is making an effort to improve Lenox Road. Curbed Atlanta details the opening salvo.

•Lot values climb to record high – Lot prices, according to NAHB analysis of new Census Bureau data, are at an all time high. Take a look at the numbers here.

•Millennials drawn to suburbs with a city feel – What do Millennials want from a community? How about suburbs that feel like a city, with walkable amenities? Realtor magazine details those sentiments.

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