Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand.
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.
One of the two parcels comprising the 340-acre tract is zoned for up to 480 homes.
The build-to-rent communities are located in Dallas, Decatur and Winder and will be delivered over the next year.
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.
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.
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.
Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.
The homebuilder, Traton Homes of Marietta, originally sought to build 145 townhomes on a 25-acre parcel at the southern end of South Cobb High School Road.
Last October, the Douglasville City Council approved the rezoning of 83.3 acres near the intersection of Prestley Mill Road and Timber Ridge Road to allow for the subdivision, which will be called Somerset at Timber Ridge.