Clicks and Mortar

A Real Estate Blog - Est. 2009

Weekly News Roundup: Casino Proposal, New Fireworks Law, Buckhead Condo Tower, & More

Amongst the Atlanta buzz this week, here’s a roundup of five stories that caught my eye around the web. From the report of a potential  downtown MGM casino to the proposed 23-story Buckhead condo tower, this week was full of noteworthy and interesting developments.

Courtesy of Atlanta Business Chronicle Courtesy of Atlanta Business Chronicle











JPX Works Plans 23-story Buckhead Condo Tower via Atlanta Business Chronicle
Atlanta-based developer JPX Works LLC is proposing a 23-story high-rise with about 65 condo units in Buckhead. Named 2520 Peachtree after it's address, the project is Atlanta's largest post-recession condo proposal. The Frank Llyod Wright "Fallingwater" inspired tower would feature three units per floor with large outdoor space. 2520 Peachtree recently received unanimous support from a Buckhead neighborhood group and is expected to break ground in 2016.

5 Things to Know About Georgia's New Fireworks Law via WSBTV
Georgia's latest fireworks law arrives just in time for Fourth of July festivities this weekend. While Georgians can now legally purchase fireworks in the state, there are other stipulations to be aware of including a 5% extra tax and lighting curfew.

If you would rather kick back, relax, and leave the fireworks logistics to a professional, check out our guide to Fourth of July celebrations around Atlanta here.

Atlanta No. 2 Metro for Job Growth in May via Atlanta Business Chronicle
This past May, Atlanta had the second fastest rate of job growth of the 12 largest US metros, according to the U.S. Bureau of Labor Statistics. The largest increase was seen in professional and business services followed by trade, transportation, and utilities with the second largest growth.

MGM Resorts Ready to Bet on Atlanta Casino Resort via AJC
MGM Resorts International is pitching a $1B gambling complex for downtown Atlanta, according to the AJC. Not only would the project reportedly provide millions for the HOPE Scholarship but also 3,500 jobs. Before the proposal can gain any traction, MGM needs to get the green light from Governor Nathan Deal who has opposed gambling in the past.

Atlanta Streetcar to Let Riders Buy Tickets on Their Smartphones via Atlanta Business Chronicle
Atlanta hopes to launch "a reliable and user friendly" mobile ticketing application for streetcar users to access via their smartphones by December. Until then, Atlantans will be able to continue riding the streetcar free of charge.

Posted in Buckhead, fireworks, Fourth of July, MGM, Neighborhood News, Streetcar, Weekly News Roundup

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