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A lot of housing … just not the right type? Making the case for affordable options in the CSRA

Editor’s note: This article is the first in a two-part series addressing a gap in affordable housing in the Central Savannah River Area and possible solutions. The second article will examine how redevelopment and reinvestment can aid in growing cities. 

Housing. It’s going up everywhere.

North Augusta alone in 2021 had its biggest year in new home builds – both by number of units and by total construction values – since the big Riverside Village project in 2017.

And it seems things are only just getting started: the two largest tracts of land within the city limits are as yet undeveloped but planned for a mix of housing and commercial: the 1,368-acre Highland Springs subdivision development along Palmetto Parkway and the 750-acre Hamrick Farms mixed-use project near Exit 1.

So, why are regional experts saying there’s a housing shortage?

Denis “Denny” Blackburne, senior vice president of business and development for Woda Cooper Companies, a development firm that specializes in affordable and workforce housing, said he believes the U.S. as a nation is currently facing a housing crisis that has largely been brought on by lack of supply.

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Source: The Post and Courier


ULI Atlanta Announces 2022 Frank Carter Community Achievement Award Recipient

Noel Khalil will be honored posthumously at the 26th Annual ULI Atlanta Awards for Excellence 

ULI Atlanta is pleased to announce that Noel Khalil will be posthumously honored with the Frank Carter Community Achievement Award at the 26th Annual Awards for Excellence dinner on May 19 at The Eastern.

The Frank Carter Community Achievement Award is given to an individual in the field of real estate development or related area such as finance, planning or design who has made an outstanding contribution in his or her lifetime to the metropolitan Atlanta region. The very first Frank Carter Award was given to Tom Cousins in 1995 and over the years has been awarded to AJ Land, John Portman, Lawrence and Mary Gellerstedt and most recently Chip Davidson in 2019. Khalil joins a distinguished group of leaders who have made outstanding contributions to our community and to the real estate industry.

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Source: Citybiz

Banshee owners file plans for new restaurant at MARTA-adjacent development

Owners of a popular East Atlanta restaurant will open their next venture at a new transit-oriented development.

The team behind Banshee will open Bonafide Deluxe within the commercial hub that sits between Spoke and Quill, two multifamily buildings that are nearing completion adjacent to the Edgewood/Candler Park MARTA Station. The Bonafide Deluxe space is on the Edgewood side of the station at 1454 LaFrance Street. It opens out onto a small green space called Edgewood Park.

Signage posted at the space gives passersby an idea of what to expect: “epic sandwiches coming soon.” Dillon Baynes, managing partner of Columbia Ventures LLC, the firm that is developing the project, offered some specifics.

Banshee chef Nolan Wynn “is going to focus on a premium sandwich execution,” Baynes told Atlanta Business Chronicle. Bonafide Deluxe will use custom-baked breads and fillings made with “real” and local ingredients. Wynn intends to put together some “creative combinations.”

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Source: Atlanta Business Journal

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