ATLANTA-. During the first week after the re-open-for-business word went out, 43 applications were filed--16 each for commercial and multifamily/industrial/institutional projects; 11 for single-family development.
Gwinnett, in the northeast quadrant, has seen rapid and dense growth in residential and commercial development over a period of years. In fact, during the moratorium, hundreds of thousands of sf of development went up in projects that were already zoned and approved.
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Other categories in the first quarter fluctuated based on quarter-over-quarter and year-over-year comparisons.
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The portfolio covers 709 homes and a total of 1.4 million square feet.
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The sector struggles to meet demand due to power constraints and supply chain delays.
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