Read Today’s Top Story: Early May is the most profitable time of year to list in Atlanta

New Construction

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. 
Single-family starts rise in April

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 
Builder confidence rebounds in May on tight existing inventory

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 
Wells Fargo partners with T.D. Jakes in historic Fort McPherson redevelopment

The banking giant will help provide financial assistance to the megachurch pastor’s effort to develop a mixed-use, mixed-income community on the former Army base. 
Berkadia: Atlanta apartment pipeline swells to 180,542 units in Q1

The number of apartments under some stage of development in the Atlanta metro grew from 147,881 at the end of the fourth quarter of 2022. 
170-unit mixed-use development headed for Peachtree Corners office park

The owner of the 2 Sun Court office building sold off 2.2 acres to a developer who plans to build a mixed-use tower. 
Toll Brothers tops out 36-story Momentum Midtown tower

Toll Brothers Apartment Living and joint-venture partner PGIM Real Estate are developing the luxury high-rise on an 0.83-acre site at 1018 West Peachtree St. NW. 
Artisan Built to open new phase at NatureWalk at Seven Hills

The 23-home phase is in the NorthFarm section of the Paulding County community. 
Wood Partners opens 250-unit community in McDonough

The 250-apartment community is located at 205 Bridges Road near downtown McDonough. 

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