Midnight Dream Turns Reality
When everyone else went to sleep, one-man shoemaker's elf Todd Fierman stayed up planning the development of a high-end townhouse project in Midtown.
That night job—Fierman Development (by day he's with First Fidelity Mortgage)—is picking up after he bought a parcel off of Piedmont Road near 10th Street. He plans to develop 975 at The Park, a multi-level townhouse project. He recently tapped Cablik Enterprises' Alan Cablik to develop it.
Since 2007, when Todd purchased a home for tear-down and redevelopment in Candler Park, he's been steadily building in-town single-family digs, even through the recession, for higher-end clientele. And there's not a lot of for-sale housing inventory out there. Now comes the first venture into cluster homes, which will start in the $700k range, he says. With construction financing obtained, the project is scheduled to deliver late 2014. Til then, look for Todd in your GChat window at 3am.)