New Construction News

Atlanta’s RESICAP, private equity group expand single-family rental JVs by $4.5 billion

RESICAP and Rockpoint Group plan to build on their existing single-family rental and build-to-rent partnerships that have thousands of rental homes in operation or under development throughout the Southeast.

Supply chain woes hamper housing starts in October

Housing observers noted that demand for housing remains robust despite the lack of new supply.

Massive mixed-use development proposed for 52-acre Alpharetta office campus

The development, Continuum Alpharetta, would add 82 for-sale condominiums, 488 apartments, a 218-room boutique hotel, 77,600 square feet of commercial and retail space and 1,028,500 square feet of office space.

Third tower of Midtown Union mixed-use project tops out

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.

Work on $110 million Roswell mixed-use development finally set to begin

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.

New-home sales rebound in September as prices hit new record

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

1000 Spring to bring 370 luxury residences to Midtown

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.

OBIE Awards presented at annual Atlanta home builder gala

The annual awards, presented by the Greater Atlanta Home Builders Association, cover all aspects of the building process, from master-planned communities to online banner or box ads.

Closings at 40 West 12th tower begin, model home unveiled

The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.

New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

56-unit condo development proposed for Peachtree Corners

Two units in the building will not be sold but instead made available to guests of residents for short-term rental.

Toll Brothers, PGIM kick off Midtown apartment-tower development

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.

Two developments to bring 35 for-sale homes to Alpharetta’s Main Street

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.

Co-living brand enters Atlanta with plans for 33-story tower on Peachtree

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.

Huffstickler of Engel & Völkers Atlanta: Condo market a “seller’s paradise”

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. 

New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

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