New Construction

Atlanta new construction shortfall tops 78,000 homes

There may be a construction boom, but builders still have a lot of ground to make up from a decade of underbuilding, according to a new report from Zillow.

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.

New-home sales rebound in September as prices hit new record

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

1000 Spring to bring 370 luxury residences to Midtown

1000 Spring will include 370 residences and 11,000 square feet of retail. Other components of the larger plan include a 525,000-square-foot class-A office building and the historic H.M. Patterson & Son Spring Hill Chapel, which will become a new food-and-beverage-focused venue.

OBIE Awards presented at annual Atlanta home builder gala

The annual awards, presented by the Greater Atlanta Home Builders Association, cover all aspects of the building process, from master-planned communities to online banner or box ads.

Closings at 40 West 12th tower begin, model home unveiled

The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.

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