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Developers complete record-breaking number of Atlanta apartments

With groundbreakings slowing, Atlanta passes peak for multifamily completions

The view of downtown Atlanta from High Street Residential’s 280-unit Grace Residences complex that was completed in May. (CoStar)
The view of downtown Atlanta from High Street Residential’s 280-unit Grace Residences complex that was completed in May. (CoStar)

Atlanta set a new record in the second quarter with the most apartment completions in market history, though a slowdown in groundbreakings is expected to bring the number of newly completed units back to earth in the coming quarters.

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