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.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines