Hello All! - Sorry it has been awhile since I have posted in the blog, it has been a crazy past month, lofts are sellling quite well right now even with the holidays going on!
There are two new loft developments that should be finished by March/April of next year. First is Ponce Springs lofts on Glen Iris. This is another project from Miller-Gallman who consistently build quality lofts in Atlanta - this should be another! Ponce Springs lofts are going to be Soft Lofts and they are very affordable. Pricing is going to start $150,000 - $279,000 and sq. ft is from 869 to 1340 sq. ft. They do have one and two stories lofts available. They are preselling these now, so if you want to get a good deal, the time is now to buy because I would almost bet that after the new year prices will shoot up. Miller-Gallman has done other projects like Glen Iris and Swift and Co so they do good work. Pricing is very comparable to Block lofts but the construction is much better. I am not a huge fan of Block lofts because they did a timber frame whereas Ponce Springs lofts is doing concrete, which means Ponce Springs is going to be soundproof! I absolutely love Miller-Gallman, they are very reputable and are just good people!
By the way - Miller Gallman also owns A & P lofts on Memorial, which are loft rentals, but they are converting them to purchases in 2006. I will update the blog throughout the next year in regards to those.
The other new loft building is the Ezell Lofts on Memorial Drive, which is walking distance to the new Glenwood Park subdivision going up, which means you can walk to restaurants and shops. I do not know this developer at all, so I don't know how construction is going to be. The closer they get to completion I will be able to determine the quality. I do know that they are all going to be 2 bedrooms starting at $250,000 - $373,000 and sq. ft is from 869 - 1345 sq. ft. Pricing seems a bit high for that area right now, but they might be bargaining on the success of Glenwood Park. They are also preselling these now so you can get a good 5 -10% reduction on price.
I hope everyone is enjoying the holidays and again if you need help with your loft search, please contact me at nesa@greatatlantalofts.com. - Nesa Kleinheksel