Buckhead Apartment Boom

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Just last week, I wrote about the looming “”intown”” apartment boom in the Inman Park/Old Fourth Ward/Atlanta BeltLine Eastside Trail corridor.  1259 apartments- a certifiable boom!  Never to be outdone by “”intown””, Buckhead and Brookhaven are going through their own boom.  From the Atlanta Business Chronicle:

In total, there are 1,097 units under construction and 2,837 units proposed in Buckhead and Brookhaven, according to a third-quarter report from Haddow & Co., an Atlanta real estate consultant.

I bolded, for emphasis.  Not that nearly 4,000 apartments need any sort of graphical embelishment.

It seems like a week can’t go by without the announcement of another new apartment development.  The apartments are coming in all shapes and sizes office conversions, new towers, mixed use developments… you name it, it’s being done.  It reminds me a little bit of 2006, except we’ve replaced townhome developments and condominium buildings with apartments.

Let’s hope that the comparison ends there.

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Jon

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Jon Effron is widely regarded as one of the leading Realtors in Atlanta, working with both buyers and sellers throughout the metro area to maximize their real estate investments. In 2014, Jon was the #1 individual agent at Keller Williams Intown, one of the largest brokerages in Intown Atlanta. Prior to becoming a Realtor, Jon was the Vice President of Development at Tujay Group, an Atlanta real estate development firm. His career pre-real estate included stints at ABCNews.com, eGroups (now Yahoo! Groups) and Elite Traveler magazine, where he served as the Vice President of Marketing.