New Construction News

Parkland Residential refinances Lawrenceville BTR community with Fannie Mae loan 

The move comes as the company prepares to begin construction of the 37-home second phase of the development, Sweetwater Springs. 

Atlanta Housing picks developer for 74-acre Bowen Homes site 

The city’s housing authority chose a joint venture of developers to redevelop the long-vacant site of the former public housing project. 

Developer to bring 348-unit community to McDonough 

The Oak Grove Vista project will be developed on 33 recently acquired acres on Jonesboro Road. 

New-home sales resume downward trajectory in September 

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

Developer breaks ground on 279-apartment community in LaGrange 

The complex is part of a larger master-planned community, which will include single-family homes and restaurant and retail space. 

Dekalb development authority approves tax incentives for massive mixed-use project 

Related Development has proposed a mixed-use project that would take advantage of Children’s Healthcare of Atlanta’s nearby billion-dollar expansion. 

Housing starts miss expectations in September 

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

130-home build-to-rent community in the works for Stone Mountain 

Atlanta homebuilder Paran Homes is developing the community in a joint venture with Los Angeles-based real estate investor PCCP LLC. 

20-story mixed-use tower proposed for Midtown draws preservationist’s ire 

The head of the Atlanta Preservation Center reportedly said the L-shaped tower would “besiege” an adjacent historic apartment building. 

306-apartment community at The Works tops out 

The completion of the property, Westbound at The Works, will mark the end of The Works’ phase one development, which spans 27 acres and includes 184,000 square feet of retail and 125,000 square feet of office space. 

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