3 minute read
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 at 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.
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What sets us apart
Dr. Carrie Hornberger-Dunn, Au.D Doctor of Audiology
Atlanta Hearing Institute is proud to welcome audiologist, Dr. Carrie Hornberger-Dunn. Dr. Hornberger-Dunn received her undergraduate degree in Communication Sciences and Disorders at the University of Georgia and Doctor of Audiology degree at East Tennessee State University. She has worked in both private ENT practices and university settings specializing in hearing healthcare of adult and geriatrics patients. Atlanta Hearing Institute offers the most comprehensive hearing evaluation and the latest state of the art hearing aid technology. She is now accepting new patients in the Buckhead office.
Bees Buzz & Inman Park grows
Right: Students at the Ernest G. Welch School of Art & Design at Georgia State University created an 18-foot rooftop mural on top of the Hyatt Hotel in Downtown visible from the recently reopened Polaris restaurant. The mural celebrates the Polaris Bee Garden, which provides fresh honey and veggies to the restaurant.
Below: Inman Quarter, the mixed-use development at the triangle created by Highland and Lake avenues and Elizabeth Street is nearing completion. Apartments, retail and restaurants are on the way.
Monumental Ball is Sept. 26
The Swingin’ Medallions, pictured right, will be headlining this year’s Monumental Ball at Piedmont Park, the annual social event and fundraiser hosted by the Morningside-Lenox Park Association. There will be dancing, food and fun from 7 to 11 p.m. at the park’s Magnolia Hall. Get your tickets at mlpa.org now.