Real Estate Briefs: New townhomes, apartments and student housing on the way
Perennial Properties will build a two tower, 244,000-square-foot mixed-use development called 1781 Peachtree in Midtown. The development will feature 265 apartments across the two buildings along with office and retail space.
Jonathan Rose Companies and Columbia Residential have purchased Edgewood Court Apartments in the Edgewood neighborhood. An $18 million redevelopment of the property will begin soon and is set to be completed in early 2019. Originally built in 1950, then substantially rehabbed in 1981, Edgewood Court currently consists of 204 units, all part of the federal HUD Section 8 program. Following the renovation, Edgewood Court will consist of 222 residences, with 204 remaining Section 8 and the rest as affordable tax credit units. The property’s Section 8 contract is being renewed for 20 years.
Berkshire Hathaway HomeServices New Homes Division, its CITY HAUS Condominium Development Division and its promotional team Marketing Results won big at the annual OBIE Awards, capturing 20 Gold Awards and 17 Silver ones. The OBIE Awards are presented by the Greater Atlanta Home Builders Association’s Sales and Marketing Council to honor excellence in building, remodeling, marketing and personal achievement in the home building industry.
Georgia Power and PulteGroup have joined forces to build the city’s first “Smart Neighborhood” called Altus at the Quarter. The development, located at Marietta Boulevard at Bolton Drive, will have 46 townhomes featuring solar panels, battery energy storage, voice-activated security, smart locks, and lighting controlled from apps. Georgia Power will monitor the townhomes to for the effectiveness of “emerging energy technologies.”
Architecture and landscape firm TSW has promoted Laura Richter to the position of associate. Richter joined TSW in 2013 and works in the firm’s architecture and planning studios. She earned a Master of City and Regional Planning and a Master of Architecture from Georgia Tech, both with a specialization in Urban Design, as well as a Bachelor of Science and Architecture from Georgia Tech.
Epic Development has unveiled plans for R. Town Stacks in Reynoldstown. The duplexes will be located on Wilbur Avenue, not far from the Atlanta BeltLine’s Eastside Trail. The duplexes will have 2,700 square feet across three levels with rooftop terraces, two-car garages and elevators.
Handcrafted Homes, Inc. has won two CotY (Contractor of the Year) awards from the Atlanta Chapter of NARI, the National Association of the Remodeling Industry. The firm took top honors in the category of Residential Interior From $75,000-$150,000 and Residential Interior Under $75,000. One winning project was in Morningside and the second was in Brookhaven.
Savannah College of Art and Design (SCAD) has submitted a building permit for a 14-story student-housing tower near its main campus in Midtown. Located just off Spring Street, the building will have 592 student beds, a coffee bar and rooftop lounge.
Maggie Jones has joined Dorsey Alston Realtors. In less than two years, the young Realtor has sold more than $10 million and was named Rookie of the Year.
Landmark Properties and CityLife Development Partners have purchased a 1.1-acre site at Spring and 10th streets in Midtown to build a 28-story mixed-use student housing development. At 425,000 square feet, The Mark at Atlanta will feature over 780 beds, 281 apartments and more than 7,000 square feet of commercial space. Scheduled completion is August 2020.
Ken Covers, Engel & Volkers Intown Atlanta, has been asked to return as a Star Dancer for the Alzheimer Association Fundraiser, Dancing Stars of Atlanta. He is the first alumni dancer to be asked to return to the event. He received the People’s Choice Award last year for raising the most funds year to date for the event. Covers’ inspiration is his mom, who has been battling the disease for seven years. To support Covers, visit dancingstarsofatlanta.com.
The post Real Estate Briefs: New townhomes, apartments and student housing on the way appeared first on Atlanta INtown Paper.