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Real Estate News Compiled by Collin Kelley, Managing Editor
Homes in the new Kirkwood Station development, at the corner of Howard Street and Hosea L. Williams Boulevard, are now for sale starting in the high $200s to the low $400s. The 23 townhomes were designed to blend in the with historic neighborhood, utilizing stone, brick and wood for the exterior of the two-story homes. Five of the homes, all of which line Howard Street, are live/work units. Incorporating a store front office, the homes include a working space, entry and bathroom on the garage level. www.kirkwood-station.com.
The area of Downtown Atlanta below Underground is about to get a big shot in the arm, as three developers team up to restore parts of the south-central business district. The developers – Morsberger Group, Wood Partners and Miller Gallman Developers – are calling the area the Railroad District as a nod to the city’s history with trains. Morsberger plans to convert a former bank headquarters into 330 lofts priced at about $250,000, which could open as early as 2008. Miller Gallman, which owns 12 acres off Peachtree, plans to build a mixture of retail and condos. Wood Partners will begin renovating the old Norfolk Southern headquarters on Spring Street later this year to create 325 lofts and retail space.
Decatur has been selected to receive grant funding to establish wireless broadband networks, or Wi-Fi, through the Wireless Communities Georgia Program. The network will provide wireless Internet access for residents, businesses, students and visitors throughout the city. You will be able to access the Internet while on the square, in city parks, on school campuses, even in your house, without having to plug into a phone or cable line. There will be a monthly fee associated with the service, with a price break for low-income families. Access to the Internet on the square and in the Oakhurst business district will be free for limited daily time increments, according to city officials. A timetable for starting the service has not been announced.
Winmark Homes has announced it will soon begin construction on Vinings on the Chattahoochee off South Cobb Drive. Phase I and II (pictured) are completed and nearly sold out, and homes in the new development will start in the $300,000s. The community is in walking distance of Whittier Mill Park and the Chattahoochee River. A fully decorated model home is now open. www.winmarkhomesatlanta.com.
Atlanta’s Southside – which has been dubbed Intown South – between Turner Field and the Lakewood Fairgrounds/Hi-Fi Buys Amphitheater continues to emerge as a hot new destination for first-time homebuyers. Infinity Realtors is continuing to develop a 38-acre tract of Craftsman-style homes and condos called Park Place South. The first five phases have already sold out, and phase six will feature 50 single-family homes and 36 one-bedroom condos. Homes start at $260,000s, while condos start at $130. www.aboutparkplacesouth.com.
Park Signature Properties, which developed Buckhead’s luxury Park Place (home to Elton John), will build Park Vinings at the corner of Cobb Parkway and Cumberland Boulevard. The $200 million, 35-story condominium tower will be the residential component of City View, a multi-use development by Pope & Land Enterprises Inc. Park Vinings’ condominiums will range in size from more than 2,100 square feet to more than 9,000 square feet starting at $1 million. www.parkvinings.com.
Centex Homes has opened a fully decorated model at its new development, Cobblestone at Brookhaven. Located near the intersection of N. Druid Hills and Peachtree roads, the community features 138 brick townhomes. Each three-story townhome also features a carriage-style two-car garage and second floor deck, as well as a wide selection of custom finishes, Homes at Cobblestone at Brookhaven are priced from the mid-$300s. www.centexhomes.com.
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