This Week in Atlanta Real Estate: WSJ puts Atlanta at No. 3 for Amazon HQ2

by Rincey Abraham

The Wall Street Journal put Atlanta in a three-way tie for third place in terms of its odds of winning the bid for Amazon’s second headquarters. The paper put Dallas and Boston at the first two spots on the list, which ranks Atlanta in a tie with Washington, D.C., and Seattle for third. It ranked cities based on a number of criteria, including cultural fit, cost of living and the state tax climate for business. Atlanta was referred to as the most “Seattle-like” city and the low median home value were some of its main benefits.

In other Atlanta real estate news:

  • The Providence Group won 12 awards — six Gold Awards and six Silver Awards — at the 37th annual OBIE Awards, which recognizes achievements in new home building, market, remodeling and personal achievement. The award is hosted by the Greater Atlanta Home Builders Association and the Atlanta Sales and Marketing Council. Some of the awards won were for a variety of their projects including The Englewood Home Design at The Reserve at Providence, The Wyndam Home Design at Bellmoore Park and The Matthews Model Home at Bellmoore Park, according to the company.
  • Brickmont Assisted Living recently broke ground on Brickmont of Acworth. In partnership with Sage Equities, the 137-bed senior housing community will include 85 assisted living and 35 memory care units with an average size of 447 square feet, according to REBusinessOnline.
  • The Development Authority of Cobb County approved a new Georgia Tech expansion on the Lockheed Martin campus in Marietta. The project requires nearly $57 million in bonds to buy 32 acres on the northern portion of Lockheed property and construction, renovations and equipment at four existing buildings, according to the Atlanta Business Journal.