Developers Still See Strong Condominium Demand in Atlanta

Amid the slowdown in condominium resales, developers march on with new projects in Metro Atlanta.

One of Atlanta’s most prolific condo developers, Novare Group Inc., plans The Atlantic in Atlantic Station, The Roxy in Buckhead and 3360, a joint venture with Atlanta-based Post Properties Inc., Duke Realty Corp. and Pope & Land Enterprises Inc. Novare has also begun construction on ViewPoint in Midtown.

Wood Partners LLC, which built Metropolis, Eclipse, Spire and TWELVE Atlantic Station with Novare, has development plans of its own: Trump Towers Atlanta and condos on Norfolk Southern Corp.’s land downtown.

Novare has 1,105 units under construction and 1,039 units in the pipeline for 2007, said Jim Borders, president and CEO of Novare.
Source: News11 | Condo Blog

Add comment January 14th, 2007

The Atlantic - Atlantic Station’s Newest and Most Luxurious Condominium

Novare Group and Atlantic Station, LLC announced on May 2, 2006 that they will develop The Atlantic, a 46-story condominium community with 10,000 square feet of street-level retail and restaurant space on 17th Street within Atlanta’s Atlantic Station community.
"Atlantic Station has proven to be the most sought-after address in the city and The Atlantic introduces a new luxury high-rise residence there with unmatched amenities, unsurpassed views and timeless, exceptional architecture," said Jim Borders, president of Novare Group.

Continue Reading Add comment September 7th, 2006