The development, to be known as Morrison Park, would be built on an undeveloped 25-acre parcel at the intersection of Haynes Bridge Road and Morrison Parkway.
The National Association of Homebuilders expects continued growth in single-family construction through the rest of 2021, although at a slower pace than that of 2020.
Barry Companies Inc. is asking Newnan to annex 42 acres it hopes to turn into a massive mixed-use development that would bring more than 1 million square feet of residential, office and retail space to an undeveloped area east of the city’s downtown.
The project is being developed by Royal Oak Developers and marketed by SET Real Estate Group, which is affiliated with Compass Georgia LLC.
The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.
The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.
Fortune 500 builder Toll Brothers recently broke ground on Portland Row in the heart of East Atlanta Village.
The Henry County neighborhood will offer five home designs sized 3,000 square feet and up.
The Park 108 property is on the corner of Park Row and East Lake Road NE in Decatur’s Oakhurst neighborhood.
Epic Development Atlanta is building the Village Stacks, which offers three floorplans of two-bedroom, two-and-a-half bath units priced from the mid-$400,000s.