Buckhead’s rapid growth is reflected in the rise of new apartments, according to the Buckhead Coalition. The increase shows why residents should support the city’s proposed infrastructure bond issue, Coalition President Sam Massell said in a press release Oct. 13.
The coalition said 300 new Buckhead apartment units were announced recently by Regent Partners and 351 more were announced by Hanover, bringing the list to 30 different projects totaling 9,422 units. “It certainly represents a healthy economic condition,” Massell said, while admitting not all of the projects may come to fruition.
“Apparently, it’s a direct response to the population growth of 25- to 35-year-olds who presently prefer the flexibility of renting, rather than owning,” Massell said