Construction is underway on Modera Reynoldstown, a mixed-use development that will feature apartments and retail, from developer Mill Creek Residential. The five-story building at 780 Memorial Drive will include 320 apartments with studio, one-, two- and three- bedrooms along with 18,400 square feet of ground floor retail. Amenities for the development include a co-working lounge, coffee bar, fitness studio with yoga room and a club lounge with a speakeasy hidden behind a secret door. Outdoor offerings will include a bar inside a former shipping container, dog run and bocce and shuffleboard courts.
The Providence Group of Georgia has announced a new townhome community coming soon to the Upper Westside. Westside Village will feature 19 luxury townhomes from the $400,000s. Projected to open by 2019, the townhomes will feature modern, open floor plans and flexible spaces. For more information, visit TheProvidenceGroup.com.
Columbia Residential has purchased Capitol View Apartments, located near a primary entrance to the Atlanta BeltLine’s Westside Trail in the Adair Park neighborhood. The southwest Atlanta complex will be restored and preserved, creating an affordable community directly on the BeltLine. Originally built in 1948, Capitol View currently consists of 120 units at Metropolitan Parkway and University Avenue. The one- and two-bedroom apartment homes will serve families and individuals earning 50 percent to 70 percent of area median income in a location where development pressure and revitalization are putting affordable housing out of reach for many families. Renovation planning is currently underway with construction expected to begin in mid-2019.
Kaplan Residential is development a new apartment complex, Generation Atlanta, on Centennial Olympic Park Drive in Downtown. Located just around the corner from the Georgia Aquarium, the 17-story will feature apartments ranging from studios to two-bedrooms, averaging 864 square feet, with below-average rents, according to the developers.
The Midtown Development Review Committee has offered its support of at a townhome project proposal from Office of Design. The project would front 14th Street and consist of 18 units, 4-stories each, with a 6,000 square foot courtyard on an L-shaped lot accessible by a single perimeter driveway. The DRC generally supported the proposal with suggestions for moving the building closer to the street and redesign of the entrance and exit.
thoughtwell, a new commercial real estate company, has been launched by industry veteran Kristi Rooks. The new company has notched several successes, including working with the Prestwick Companies on the 82-acre Riverview Landing on the Chattahoochee River; partnering with RD Management, owners of the Ellis Hotel, on the development around the Peachtree Center MARTA Station and working with TriBridge Residential and Coro Realty Advisors on Inman Quarter in Inman Park. Rooks worked for several years in economic development with Central Atlanta Progress, and transitioned to WRS, where she worked on the redevelopment of Underground Atlanta. She served as the director of real estate for The Sembler Company, and has managed real estate for The Home Depot and Kohls. Most recently, she was co-founder of Revel. “I believe strongly in the power of place,” Rooks said. “A well-thought-out project with the right tenant mix will drive traffic, command higher rents and create amazing assets. My experience allows me to look at a project from a variety of different angles.” For more information, visit thoughtwell.co.
Atlanta-based multifamily real estate investment firm Cortland Partners has rebranded simply as Cortland. The company owns and manages 138 apartment communities with more than 49,000 homes in the US with regional offices in Charlotte, Dallas, Denver, Houston and OrlandoFor more information, visit cortland.com.
During the regular season, the Atlanta Falcons will donate $5 per rushing yard gained to Give to Grow Homes, a designated charity of the Players Philanthropy Fund. Founded by two Harry Norman, Realtors agents, Jasmine Butler and Cheryl Dillon, Give to Grow Homes encourages generosity by organizing the Atlanta Falcons’ rushing yard campaign charity and donating a portion of their commissions to the charities of their client’s choice. This year, the organization and Harry Norman, Realtors have selected Youth Enhancement Services Inc. (YES), an Atlanta-based nonprofit organization that provides alternative educational opportunities for disconnected youth, as their charity of choice for 2018. For more information, visit givetogrowhomes.com.
Molly Beery and Cia Cummings have joined Dorsey Alston Realtors. Cummings and Beery started their real estate careers in 2011 and 2014 respectively. In 2017 both agents were in the top 5 percent of the Atlanta Association of Realtors. Cia and Molly are partnering with Geoff Friedman to form the Beery, Cummings, Friedman team.
Foyer Urban has completed the model unit at its new development Views at O4W at 626 Parkway Drive, Atlanta, in the Old Fourth Ward. Two units have already been presold and walk-throughs are available, with Phase 1 ready to sell. Interested parties can schedule a tour by emailing firstname.lastname@example.org or ViewsAtO4W.com. Phase 1 includes the first 10 of the 27 townhomes in the community starting at $599,900.
The Allen Morris Company and Juneau Construction Company have broken ground in West Midtown for Star Metals Residences, the $130 million residential project as part of the mixed-use Start Metals development. Located at 1050 Howell Mill Road, the luxury residences will feature modern living spaces, private dog run, a library, rooftop bar and lounge, fitness center, pool terrace and much more. For more information, visit starmetalsatlanta.com.
Mark Jones has been named CEO and Team Leader of Keller Williams Realty Intown Atlanta, part of the Keller Williams Realty Heart of Atlanta Group, which owns six offices with 1300+ agents, and is one of the highest-volume Keller Williams franchises in the Southeast Region. Jones previously co-founded Dwellings Real Estate, was the Managing Broker of RE/MAX Metro Atlanta and was a co-founder of a successful Palm Springs, California-based marketing and public relations firm.
Berkshire Hathaway HomeServices (BHHS) recently feted its executives, brokers, agents, and clients at the grand opening of its Midtown office at 11 14th Street. Valerie Levin, BHHS Senior Vice President and Managing Broker of the Midtown Office, said that she is excited to have a beautiful, new state-of-the-art office in the center of Midtown. “Midtown is the pulse and epicenter of culture in our city. I envision our Midtown Office as a part of the artistic and creative community in Midtown. Our team will assure a concierge level of service to our clients,” said Levin.
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