Written: June 21, 2017

306 new homes proposed in Cobb County

Developers are proposing four new residential developments in Cobb County that would have a total of 306 homes.

3757 Floyd Rd Property LLC is proposing a 58-unit townhome community on 7.3 acres. Homes would be 1,500 to 2,000 square feet and up, according to plans filed with Cobb planners.

Meritage Homes of Georgia LLC is proposing 174 homes on 47.5 acres at the southwest intersection of Floyd Road and Glore Road in Cobb County. The project would include townhomes of 1,700 to 2,300 square feet and up, and single-family detached homes of 1,800 to 3,200 square feet and up.

Traton Homes LLC is proposing 56 homes on 16.3 acres at the southwest intersection of Burnt Hickory Road and Bob Cox Road in Cobb County. Homes would be 1,800 to 2,800 square feet and up, with Traditional/Craftsman architecture.

And CPS Development LLC is proposing 18 homes on 8.9 acres on the west side of Wesley Chapel Road and the south side of Sandy Plains Road. Homes would be 3,000 square feet with Traditional/Craftsman architecture.

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Country singer Alan Jackson selling Lake Burton estate for $6.4 million

Country singer Alan Jackson is selling his Lake Burton estate for $6.4 million.

The 7,687-square-foot, lake-front property has five beds and nine bathrooms, according to the listing. It also comes with a two-story boathouse.

“Extraordinary design, materials and craftsmanship define this prominent Lake Burton estate home located on a 1.2-acre manicured lot with majestic mountain, lake and sunset views,” says the listing. Julie Barnett with Harry Norman Realtors is the listing agent.

Jackson, famous for songs such as “Chattahoochee,” is just one celebrity who has called Lake Burton home.

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India-based tire maker Apollo moving North America HQ to Atlanta

India-based tire maker Apollo Tyres Ltd. is moving its North American headquarters to Atlanta as the company launches a U.S. expansion.

Apollo is the world’s 17th-largest tire maker. It recently opened a new plant in Hungary as it expands in Europe.

Apollo’s vice chairman recently stated that “The U.S. plays a real important part for us in our growth strategy,” Rubber & Plastics News reports. “Given now that we have two domestic markets, which is largely Europe and India, our next stop has to be the U.S.” Apollo exec Steven Smidlein has been working to lay the foundation for the company’s U.S. expansion, the publication says.

The Atlanta headquarters will be at 1175 Peachtree in Midtown, TireReview.com reports. Read more here. It will initially have five employees but will grow as the company expands in the United States, Rubber & Plastics News reports. Read the full story here.

 

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Jones, Ryan, trail NFL stars in merchandise sales

The Atlanta Falcons may have come within an eyelash of winning their first Super Bowl, but they have a way to go to the top of the National Football Leaguewhen it comes to player merchandise sales.

The Falcons placed only two players on the newest NFL Players Association Top 50 Players Sales List, which tracks sales of officially licensed NFL player merchandise. Both ranked in the middle of the pack.

Wide receiver Julio Jones was the top Falcons player on the list at No. 20, while the NFL’s Most Valuable Player, quarterback Matt Ryan, came in at No. 32.

Dallas Cowboys running back Ezekiel Elliott topped the list, the first rookie to do so. Dallas Cowboys quarterback Dak Prescott was second.

Super Bowl-winning quarterback Tom Brady of the New England Patriots came in at No. 3, with another Cowboy — Dez Bryant — ranking fourth, and the New York Giants’ Odell Beckham Jr. rounding out the Top 5.

Nineteen quarterbacks are on the list, six in the top 10. Following Prescott and Brady are Russell Wilson of the Seattle Seahawks (No. 6), Philadelphia Eagles rookie Carson Wentz (No. 7), Aaron Rodgers of the Green Bay Packers (No. 8), and Cam Newton of the Carolina Panthers (No. 10).

Jones and Ryan actually ranked within the Top 10 in apparel sales. Wentz and Ryan trailed only Brady in plush doll sales.

The list tracks year-end results from March 1, 2016 through February 28, 2017

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Duke Realty selling its medical office buildings, including 11 in Georgia, for $2.8B

Healthcare Trust of America Inc. (NYSE: HTA) and Duke Realty Corp. (NYSE: DRE) announced a blockbuster deal Monday morning in which Healthcare Trust of America will buy Duke’s entire portfolio of medical office buildings, including 11 in Georgia, for $2.8 billion.

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Georgia regents to discuss UGA project, CODA design, Tech golf facility

A significant new project at The University of Georgia, the new CODA tower at Georgia Tech and a golf course at Georgia Tech are among the real estate projects the Board of Regents of the University System of Georgia will discuss at their Feb. 14 meeting.

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$1.07B industrial deal includes 20 metro Atlanta properties

Properties in metro Atlanta were part of a $1.07 billion, 19.8 million-square-foot industrial portfolio that DRA Advisors LLC purchased from Cabot Properties Inc.

The portfolio is spread across 21 markets throughout the United States, including major industrial hubs such as Dallas, Chicago, Columbus and Houston as well as Atlanta. Its 184 properties are 94 percent leased to more than 500 tenants, according to Cushman & Wakefield, which along with Eastdil Secured represented Boston-based private equity real estate investment firm Cabot Properties in the trade.

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Beltline could get millions from T-SPLOST, MARTA votes

The Atlanta Beltline could get millions if Atlanta residents vote for two sales tax proposals on election day, WABE reports.

If both the Atlanta T-SPLOST and MARTA referendum pass Nov. 8, the Betline could get $66 million.

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