Real Estate

Thomas Wheatley
Jan 9, 2023 - News

Vine City's Wachendorff House at risk of demolition

A photo of an old vacant white house with a prominent turret like feature on the second floor

Photo: Thomas Wheatley/Axios

Historic preservationists are calling for one of Vine City's oldest houses — part of an assemblage of parcels on the market for redevelopment — to be saved.

Why it matters: The former home of Edward Wachendorff helps tell the origin story of one of Atlanta's most historic and fast-gentrifying Black neighborhoods.

Thomas Wheatley
Nov 17, 2022 - News

Hobbit houses and Atlanta's short-term rental debate

A photo of a small wooden structure that resembles the homes where hobbits live in the fantasy series

Photo: Thomas Wheatley/Axios

Lost amid the confusion over Atlanta's short-term rental ordinance has been an important question: Where do the city’s hobbit houses fit in?

Why it matters: The ordinance — currently on hold after pushback from Airbnb and Vrbo hosts — is fuzzy as it applies to nonprofits or landowners who want to rent out parts of their property for camping, glamping or another less traditional overnight option.

Thomas Wheatley
Nov 16, 2022 - News

Portman Holdings' plan for Ponce gets town hall treatment

A site plan of a proposed mixed-use development that would replace Paris on Ponce and MJQ

Photo: Courtesy of Portman Holdings

A developer's proposed revamping of one of Atlanta's most popular and storied nightlife strips says the surrounding community will have a say in how the project takes shape. Wednesday night is an opportunity to do so.

Why it matters: Portman Holdings' vision for the properties sparked debate about gentrification, the long-term viability of local businesses and how much (or how little) cities should change.

Atlanta art house cinema Tara closes

Tara cinema

Photo: Thomas Wheatley/Axios

After nearly 55 years, the Tara Cinema is, sadly, no more.

What’s happening: Last week, Regal Entertainment Group turned off the projector and shut off the lights at the 4-screen theater on Cheshire Bridge Road and Lindbergh Drive.

Buying a house in Atlanta is easier, but not cheaper

Data: Freddie Mac; Chart: Madison Dong/Axios Visuals

The Atlanta metro area's real estate market is starting to level off, according to the latest data from Redfin/MLS.

Why it matters: After two-plus years of plummeting inventory and sky-high home prices, Atlanta-area buyers have waited a long time for a little relief.

A healthy number of Atlantans are thinking about heading elsewhere

Data: American Housing Survey; Chart: Axios Visuals
Data: American Housing Survey; Chart: Axios Visuals

Atlanta might be America's best place to live, but that doesn't mean it's for everybody.

What's happening: The U.S. Census Bureau estimated that 6.4% of households in the metro area were thinking about moving to another city within the next year — the 6th-highest percentage among major metros, per recently released data.

Atlanta to buy state-owned building for affordable housing

2 Peachtree building

The city of Atlanta will purchase 2 Peachtree Street from the state of Georgia. Credit: City of Atlanta

The city of Atlanta will pay $39 million to purchase a state-owned building as part of its plan to bring affordable housing and economic activity to Downtown.

Driving the news: Invest Atlanta, the city's economic development arm, approved using $39 million from the Eastside Tax Allocation District to buy the 41-story tower at 2 Peachtree Street.

Kristal Dixon
Sep 23, 2022 - News

Atlanta Beltline names developer for Murphy Crossing project

Murphy's Crossing rendering

Rendering of Murphy Crossing. Credit: Culdesac

The Atlanta Beltline has taken a significant step in its plans to redevelop a 20-acre site in the Oakland City neighborhood.

Driving the news: The group selected real estate developer Culdesac as the finalist to build a mixed-use, transit-oriented development at Murphy Crossing.


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