New Construction

St. Bourke to complete three “zombie” developments in Buford and Douglasville

Work on the communities stalled when the Great Recession hit in the mid-2000s. 

Society Living breaks ground on 31-story residential high-rise

The mixed-use project will stand at 811 Peachtree St. and offer 460 apartments, 81,000 square feet of office space and 16,500 square feet of retail. 

Gwinnett County, exurbs dominate first-quarter new-home market

The county far outpaced its neighbors in terms of housing starts, closings and lot deliveries in the first quarter, according to a new report from asset manager and developer St. Bourke. 

New residential sales fall in April as home prices, mortgage rates continue to climb

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

Atlanta land developer acquires 1,000 Henry County lots

The lots purchased by Blue River Development are in five master-planned communities around McDonough. 

Preleasing begins at latest Modera luxury tower in Buckhead

The Modera Old Ivy in Buckhead is expecting its first move-ins early next month. 

Single-family home construction slows for second month in a row as apartment starts jump

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 

122 stacked townhomes headed for South Fulton

The 55-plus rental community is budgeted at $35 million and is backed by Grammy award-winning Christian musician Lecrae Moore. 

NewStar purchases Gainesville single-family community

The new build-to-rent neighborhood, University Commons, features two-story detached homes with three bedrooms and three baths in each residence. 

New-home sales fall again in March

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

Phase two of Pratt Stacks condominiums opens for sales

The popular Beltline community from The Providence Group will add another 72 condominiums to the Atlanta real estate market with units priced from $619,900 to $729,900. 

D.R. Horton purchases 65 lots in Madison Lakes MPC

The Morgan County planned-unit development is capable of supporting 1,471 single-family units and is located just off I-20. 

Toll Brothers seeks approval of 41-home subdivision in Alpharetta

If approved by the city, the new community would replace 23 wooded acres at the intersection of Kimball Ridge and Buice roads. 

Greater Atlanta Home Builders unveils participating builders, properties for 2022 Parade of Homes

Prospective homebuyers will have three weekends beginning April 23-24 to tour a variety of model, spec and pre-sold homes. 

Homebuilders scoop up four entitled communities in Dekalb, Gwinnett for $19 million

Homebuilders purchased the construction-ready subdivisions with plans to put up 775 badly needed new homes in Dekalb and Gwinnett counties. 

New-home sales fall again in February

Affordability and supply-chain issues continued to weigh on the sales of new single-family residences.

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