Inventory Intel
The topping out of the office component of the three-tower development brings the project one step closer to its planned third-quarter 2022 delivery.
The Southern Post project, budgeted at $110 million, will bring 128 luxury apartments, nine townhomes, 95,000 square feet of creative-loft office space and 40,000 square feet of retail to downtown Roswell.
1000 Spring will include 370 residences and 11,000 square feet of retail. Other components of the larger plan include a 525,000-square-foot class-A office building and the historic H.M. Patterson & Son Spring Hill Chapel, which will become a new food-and-beverage-focused venue.
The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.
Two units in the building will not be sold but instead made available to guests of residents for short-term rental.
The neighborhoods are Mulberry at Rice Hope near Savannah, Lovejoy Villages in Lovejoy and the Hayward in Carrollton.
A joint venture between the homebuilder and asset manager secured a $96 million construction loan facility from Wells Fargo Bank to cover development of the 376-unit property.
One Museum Place was designed by Mack Scogan and Merrill Elam Architects. Its homes offer direct elevator access, lanai balconies and individual garages, while Bluetooth technology allows homeowners instant access to their designated parking garages and elevator access to the floors above.
The community, located on both sides of Howell Mill Road at 11th Street, is part of Star Metals Atlanta, a $350 million mixed-use development that includes office, retail and hotel space.
A plan to build 11 single-family detached homes has been approved by the Alpharetta City Council, while a proposal for 24 condominiums has been approved by the city’s planning commission.
The tower’s residences will comprise a mix of traditional apartments and “rent-by-bedroom” co-living units. Delivery is slated for first quarter 2024.
Today’s condo environment is a far cry from the first days of the pandemic, when people were told to stay home and stay away from one another.
Forrest Street Partners plans to infill 50 vacant lots in the Dogwood Blossom Mobile Home Park with new three-bedroom, one-bathroom homes,
A rezoning application to allow for the development of the community was recently approved by the Gwinnett County Planning Commission, with conditions.
The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.
Month over month, home sales were down 3.5%, and the median sale price declined 1.2% to $335,000.