New Construction News

Despite strong demand, builder confidence ebbs in February on supply-chain woes

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter 

Housing starts fall in January

Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

Wave of new development proposals could bring more than 1,300 residences to Forsyth County

At least six large developments representing more than 1,300 new for-sale and rental homes have been proposed recently. 

Midtown sees record residential development in 2021

Atlanta’s Midtown Alliance said there were 5,172 residential units concurrently delivered or under construction in 2021, a new record. 

Traton Homes opens 80-unit Kennesaw townhome community for sales

The two-story townhomes are available in three floor plans and are priced from the mid-$400,000s. 

Artisan Built opens 30 home sites in new phase of NatureWalk at Seven Hills

The homebuilder is offering seven different single-family home plans ranging from 2,520 to 3,137 square feet of space. 

Additional townhomes come online at Westside’s Interlock

The first six units at the popular mixed-use development sold “almost instantly,” and now more are available for pre-sales, according to Engel & Völkers Atlanta.

Texas team transforming downtown office building into apartments

The completed project on Marietta Street will offer 120 residences. 

2021 ends with a bang in new-home sales

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand. 

22 townhomes slated for development in Almond Park

The new infill development is slated for a 1.57- acre site on Atlanta’s Westside, which has seen a surge of interest since the opening of the WestSide Reservoir Park and plans for a large Microsoft corporate center.

Developer buys LaGrange land for $5.7 million with plans for massive mixed-use development

One of the two parcels comprising the 340-acre tract is zoned for up to 480 homes. 

Single-family rental landlord Quinn Residences picks up three Atlanta communities

The build-to-rent communities are located in Dallas, Decatur and Winder and will be delivered over the next year.

Housing starts rise in December on strong multifamily sector

While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

60 townhomes headed for East Atlanta in new Brock Built development

The community is located on the corner of Eastland Road and Lake Drive and abuts Glen Emerald Park, which includes 28 mostly wooded acres surrounding a lake.

Single-family rental JV acquiring almost 3,500 Sunbelt homes

The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.

Crescent Communities launches multifamily brand with 315-unit Covington project

Work on the 19-acre development is scheduled to begin later this month and will soon be followed by the construction of other suburban, Sunbelt communities.

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