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An Atlanta developer picks up the baton from Newport in South Downtown ajc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajc.com Daily Mail and Mail on Sunday newspapers.
Upscale apartments, mixed-use development planned at Covington shopping center covnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from covnews.com Daily Mail and Mail on Sunday newspapers.
Atlanta Magazine Are Atlanta’s condos making a comeback? Tracking Atlanta’s for-sale multifamily trends and the recent dominance of apartments Photograph courtesy of SMcKinley Homes Since the Great Recession, glassy towers have reshaped the skylines of Midtown, Buckhead, and parts of downtown, but relatively few of those stacked new units have been for sale. Instead, they’re apartments, catering to millennial professionals who’ve preferred renting over buying, transient businesspeople, and college students. That’s a stark contrast from Atlanta’s pre-recession building trends, when condos ruled. “In the early 2000s, there was the boom going on, when [the market] was overinflated because of the subprime crisis and everything else,” says Ladson Haddow, managing partner of Haddow & Company, an Atlanta real estate consulting firm. “Then, the ’08 and ’09 recession happened, and [condo development] was flat. That’s largely because so many devel ....