New Construction News

The developments offer single-family homes and townhomes priced from the high $200,000s.

The Providence Group’s new master-planned community will bring 140 single-family homes and townhomes to market.

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row.

The 301-unit, mixed-use building is the latest of several designs the Atlanta developer has put forward for the Peachtree Street lot.

At the end of 2022, Atlanta had 1,834 build-to-rent units in operation, a 380% increase from the 382 available five years earlier, RentCafe said.

The grant funding will be used to support the development of The Avenue at Oakland City by the Atlanta Land Trust and Intown Builders.

Charleston, S.C.-based Woodfield Development expects to complete construction of Union Green in April 2025.

The Alpharetta developer purchased a 5.5-acre parcel zoned for 67 build-to-rent townhomes just across Sugarloaf Parkway from its ongoing Sugarloaf Landing project.

Wood framing of The Beverly by Alta is underway, and the community is set to open in early 2024, with pre-leasing scheduled for the end of 2023.

The $25 million, 50-home development is situated on 15.39 acres on the corner of Hay Renfroe Drive and Villa Rica Highway in Paulding County.

Florida-based developer Advenir Oakley recently purchased about 28 acres for the $65 million LEO at Cartersville community.

A shortage of existing inventory continues to drive buyers to new construction.

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market.

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported.

The banking giant will help provide financial assistance to the megachurch pastor’s effort to develop a mixed-use, mixed-income community on the former Army base.

The number of apartments under some stage of development in the Atlanta metro grew from 147,881 at the end of the fourth quarter of 2022.