New Construction
The CEO of Jim Chapman Construction was elected 2026 third vice chairman, meaning he will become chairman of the industry group in 2029.
The build-to-rent community offers 124 rear-entry, stacked townhomes.
The project will have a 300-unit, Crescent Communities-branded NOVEL apartment tower.
The community was completed last year and is 94% leased.
Almost 11,000 new affordable apartments were delivered in Atlanta over a five-year period.
The Reserve Collection joins the Highlands and Manor collections in Bridlefield.
The developer has closed on the land and secured financing from Pinnacle Financial Partners.
Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported.
The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022.
At the same time, completions of new single-family homes were on the rise last month, according to federal statistics.
Lots at the luxury farming community range five to over 20 acres and are priced from $349,000 to $1.1 million.
Community amenities include a pool, sundeck, walking trails, clubhouse, grill area and fitness center.
The upside surprise came despite monthly and yearly declines in the pace of sales.
The single-family community will bring 39 homes to market in the Paulding County city.
The 19-story luxury high-rise will bring 304 apartments to market when it opens.
The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
