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Real Estate Briefs
Courtney Rogers, a senior project designer with Renewal
Design-Build of Decatur, has been selected as one of the 40 Under
40 class of 2014 members by Professional Remodeler, a business
publication for the remodeling and home improvement market.
Back in January, national real estate brokerage firm Redfin
released its Top Ten Hottest Neighborhoods of 2014 list and the
Morningside-Lenox Park neighborhood ranked number one in
the Atlanta market and third nationwide. Seven months into 2014
and Morningside-Lenox Park remains hot, according to Redfin,
with homes selling for $500,000-plus and 15.2 percent over list
price. Another Atlanta neighborhood, Inman Park, is now making national waves as
Redfin ranks it fifth nationwide on its 10 Neighborhoods That Are Warming Up list.
The median list price for a home is $365,000 in the neighborhood and Redfin agent
Will Fassinger said the combination of historic and new homes along with amenities are
drawing more attention.
GROUNDFLOOR, the first microlending community for real estate, has opened its
headquarters at Atlanta Tech Village. This comes immediately after the company raised
$1 million in seed round funding from angel investors including Michael Olander,
Bruce Boehm, Mark Easley Sr. and Inception Micro-Angel Fund. The company selected
Georgia as its new home to grow its business due to the state’s progressive stance on
crowdfunding policies and citizen-backed real estate development.
Curbed Atlanta reports that development company Inland Atlantic wants to build
a new apartment complex at the northeast corner of Glen Iris Drive and Ralph McGill
Boulevard in the Old Fourth Ward. The project may include up to 217 units made up of
studios, one bedrooms and townhome-style apartments.
One of the churches that sold its property to make way for the new Falcons stadium
is partnering with a developer to not only build a new sanctuary, but an entirely new
part of Downtown. According to the Atlanta Business Chronicle, Friendship Baptist
Church envisions turning the community around the new stadium into a revitalized
are dubbed Downtown West. Friendship is partnering with national development firm
McCormack Baron Salazar to revitalize at least 22 acres around the new stadium. The
new development would include affordable and market-rate housing, retail, community
amenities and a new home for Friendship Baptist Church.
The Midtown Development Review Committee recommended approval of new
mixed-use projects at 1010 West Peachtree and at 1330 West Peachtree. Urban Realty
Partners is seeking to convert the Arthritis Foundation’s five-story office building at
1330 West Peachtree into a mixed-use restaurant/retail and apartment building. There
would be 98 apartment units and approximately 5,000 square feet of street-level retail/
restaurant space. The Hanover Company wants to build a 6-story mixed-use project
known as Hanover Midtown at 1010 West Peachtree. The proposal includes 328
residential units and 14,600 square feet of retail fronting on 10th Street.
Real estate company Homestead Atlanta has opened offices in Virginia-Highland
at 867 Greenwood Ave. The principals are President Susan G Schlittler and Michael J
Fischer Managing Broker, Vice President. For more information, visit homesteadatlanta.
com. ESI
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52 September 2014 | INtOWIl
AtlantalNtownPaper.com
