The median price of a new home sold during the month was up 5.9%, however, according to figures from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

About 30 of the homes have already been sold, according to the developer, Ashton Woods. 

The building, proposed by LV Collective, would house 480 units on the top 27 stories. 

The initial phase of Waterside, which is situated on the Chattahoochee River in Peachtree Corners, featured single-family, detached homes and two-story front-entry and three-story rear-entry townhomes. 

A developer is building a 186-apartment community where Reid’s Body Shop stood for more than 60 years. 

The 294-unit community is within walking distance of Sugar Hill’s new E-Center, a 150,000-square-foot mixed-use facility in the city’s central business district. 

At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

The Cove at Covington Town Center, as the apartments will be called, is one component of the overall mixed-use development, which will also include townhomes, a movie theater, Publix supermarket, office space and hotels. 

The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

The Toronto homebuilder is behind at least 11 for-sale developments in the city and Alpharetta. 

The developer, Terwilliger Pappas, sold the property to Atlanta-based White Oak Partners. 

The luxury apartment building’s first units are expected to be delivered in June 2024. 

The homebuilder recently acquired 146 acres in Jackson County, where it plans to develop the Liberty Crossing community. 

The new downtown development will bring 226 apartments to a 6.6-acre site. 

The Howell, as the community will be known, is located at 1950 Howell Mill Road. 

The Atlanta-based developer plans to break ground this month on 50 recently acquired acres.