Midtown Atlanta Apartments and Construction | Do We NEED All These Apartments?

If you are shopping for a Brand New, never lived in condominium in Midtown Atlanta, you will be hard pressed to find one, or you better have a really fat check book. All of those construction cranes you see are NOT for new condominiums, but for rental apartments. So, the question now on everyone’s mind is….

Midtown Atlanta Apartments and Construction | Do We NEED All These Apartments?

As of recently, (meaning in the last year) we’ve seen SkyHouse North be completed, and be fully occupied. Then there is 77 12th (part of the 12th & Midtown development) that just in the last week announced that they are now 95 percent leased. And these were no cheap apartments!!! (I can’t place my hands on pricing info at the moment, but I recall studio floor plans started at $1500 per month!)

Now, coming in January, we have SkyHouse South, located next to Viewpoint Midtown. There is also apartments under construction at Ponce and Juniper Streets, new apartments near the Old Fourth Ward Park and Ponce City Market; several projects in Midtown West!

Let’s see what happens!