New Construction News

ECI Group begins pre-leasing at 300-unit Conyers community 

The Corwyn Conyers is the one of the first new apartment communities to be developed in the Rockdale-Newton County submarket in 20 years. 

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market. 

Wood Partners opens Alta Ashley Park in Newnan 

The 269-unit community offers one-, two- and three-bedroom units and full carriage homes. 

Engel & Völkers Atlanta launches sales at new East Atlanta townhome community 

The Harman by Monte Hewett will offer 22 townhomes at the corner of Moreland and Ormewood avenues. 

Rockhaven Homes opens four communities for sales 

The developments offer single-family homes and townhomes priced from the high $200,000s. 

Sales begin at Evanshire in Duluth 

The Providence Group’s new master-planned community will bring 140 single-family homes and townhomes to market. 

Single-family home starts jump in May 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

Trillist proposes 42-story residential tower for Peachtree 

The 301-unit, mixed-use building is the latest of several designs the Atlanta developer has put forward for the Peachtree Street lot. 

Atlanta ranks No. 3 in U.S. for build-to-rent growth in 2022 

At the end of 2022, Atlanta had 1,834 build-to-rent units in operation, a 380% increase from the 382 available five years earlier, RentCafe said. 

BeltLine, Invest Atlanta secure $1.17 million for “permanently affordable” townhomes 

The grant funding will be used to support the development of The Avenue at Oakland City by the Atlanta Land Trust and Intown Builders. 

295-unit apartment community breaks ground in Union City  

Charleston, S.C.-based Woodfield Development expects to complete construction of Union Green in April 2025. 

Parkland acquires site for another Lawrenceville BTR project 

The Alpharetta developer purchased a 5.5-acre parcel zoned for 67 build-to-rent townhomes just across Sugarloaf Parkway from its ongoing Sugarloaf Landing project. 

Wood Partners begins development of 291-unit Buckhead community 

Wood framing of The Beverly by Alta is underway, and the community is set to open in early 2024, with pre-leasing scheduled for the end of 2023. 

Fischer Homes kicks of new 55-plus community in Dallas 

The $25 million, 50-home development is situated on 15.39 acres on the corner of Hay Renfroe Drive and Villa Rica Highway in Paulding County. 

246-unit build-to-rent community headed to Cartersville 

Florida-based developer Advenir Oakley recently purchased about 28 acres for the $65 million LEO at Cartersville community. 

New-home sales rise for fifth month in a row 

A shortage of existing inventory continues to drive buyers to new construction. 

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