New Construction News

300-unit apartment community set to break ground in Conyers

Atlanta-based ECI Group is developing the class-A community, which will provide the first new apartments in Conyers in 20 years.

New-home construction ramps up in November as demand stays high

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

Builder confidence rises again in December despite inflation fears, production bottlenecks

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

Rezoning sought for 343-unit mixed-use project on Howell Mill

The 1.26-acre property is an assemblage of several parcels on the east side of Howell Mill Road between 9th and 10th streets northwest.

163-apartment mixed-use development proposed for Smyrna

The proposal calls for the construction of a 163-apartment mixed-use development on 6.9 wooded acres at the northeast corner of South Cobb Drive and Oakdale Road in Smyrna.

Cumberland active-adult community opens

Floorplans of the rental units, which go for $1,600 for a one-bedroom residence to $2,100 for a two-bedroom apartment, feature high-end designer finishes and features.

Artisan Built opens 7 homesites for sale at the Georgian

Priced from the mid-$400,000s, the properties include three floor plans from Artisan’s Estate Series of single-family homes.

SR Homes opens model home at new Watkinsville community

SR Homes recently opened the Rosewood model home at Stonewood, its new Watkinsville single-family home community. Homes are priced from the $500,000s and are available with ranch and traditional two-story design options. Home sizes range from 2,832 to 4,067

LGI Homes opens new community priced from low-$300,000s

The Stone Crest Estate new-construction neighborhood is located in Fairburn and offers one- and two-story homes.

Kentucky homebuilder kicks off 135-home active-adult community in Paulding County

Poplar Place in Dallas is a gated community and will offer 135 home sites priced from the $310,000s to the $400,000s.

NAHB: Builder confidence continues to rise in November despite supply issues

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

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.

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