A recent Atlanta Business Chronicle article describes the immediate future of condominium high-rise developments in Atlanta real estate. In the coming year, the condominium construction pipeline is expected to slow due to a large amount of inventory units. However, just because new developments will not be breaking ground this year or even in the works does not mean the real estate market is going to suffer because Atlanta’s above-average household income and below-average cost of living continues to attract new residents, with 7 million expected by 2010. According to Haddow & Co., the current supply of inventory condo units should meet the demand for another 31 months, persuading many developers to hold off on new plans until the there is a greater need for new high-rises. Currently, there are several major high-rise developments under construction in Buckhead and Atlanta, one of them being 1010 Midtown.

1010 Midtown will have 426 units upon completion, priced $251,000 to $1.6 million. These luxury condos are located on the much sought-after Midtown Mile with exceptional amenities and luxurious standard features. For more information, call 404-815-4622 or visit the sales gallery.

Tags: 1010 Midtown, Atlanta real estate, high-rise condominium, real estate trends