New Construction News
The project is being developed by Royal Oak Developers and marketed by SET Real Estate Group, which is affiliated with Compass Georgia LLC.
The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.
Fortune 500 builder Toll Brothers recently broke ground on Portland Row in the heart of East Atlanta Village.
The Henry County neighborhood will offer five home designs sized 3,000 square feet and up.
The Park 108 property is on the corner of Park Row and East Lake Road NE in Decatur’s Oakhurst neighborhood.
Epic Development Atlanta is building the Village Stacks, which offers three floorplans of two-bedroom, two-and-a-half bath units priced from the mid-$400,000s.
Artisan Built Communities is now offering the Perry, Hartwell and Alston plans to buyers.
According to documents filed with the county, the units would be priced from $200,000 to $225,000, compared to the average $166,000 price point in the community.
Cumming-based Kairos Development Corp. is seeking to develop 10 luxury single-family detached homes in downtown Alpharetta instead of 12 condominiums as previously planned, according to documents filed with the city. If approved, the subdivision will be located on a 1.2-acre
Atlanta’s City Council on Monday approved a measure to require for-sale residential developments near the new Westside Park to include affordable units, as city leaders seek to temper looming gentrification on the Westside.
The new phase will offer 11 farmhouse-style homes priced from the low $300,000s.
The gap between sales and construction reached a record high in 2020, which likely means a slowing down in sales and growth in construction in 2021, according to a year-end report by the National Association of Home Builders.
“Nothing sells like a shortage. We have underbuilt new housing relative to demand for a decade. Building will have to exceed household formation for a number of years to reduce the housing stock ‘debt’ we have accumulated.” — First American Deputy Chief Economist Odeta Kushi
Priced from the low $700,000s, the homes provide a covered front porch and welcoming foyer, 10-foot ceilings, a gourmet kitchen, a spa-like bath that contains a freestanding soaking tub, among a number of other amenities.
Ellington comprises townhomes and single-family homes with townhomes starting at the mid-$300,000s and single-family homes starting at $400,000.
Pulte also noted that another community of single-family homes is also in the works somewhere in Cobb County.