Recently, they reported on a grim forecast that surfaced for Atlantaâ€™s metro economy, bringing up the bad and the ugly that â€œplannersâ€ statewide need to consider.
The article cites â€œâ€œAtlantaâ€™s persistent unemployment, traffic congestion,Â a 29% loss in average per-square-foot housing prices between 2000-2010, and the fact that the city is increasingly offering a lifestyle opposite of that desired by the most desirable workers and companies. TheÂ opportunitiesÂ he sees are also legion, though, and many of them simply involve re-embracing our transit roots: i.e. investments in commuter rail, continuing to capitalize on the power of our airport, makingÂ The BeltLineÂ everything it can be and gettingÂ T-SPLOSTÂ passed.â€
The AJC reported on the same Brookings Institution report that brought up these findings, stating the following about some of the vibrancy in IntownÂ Hotâ€™lanta:
â€œ One piece of evidence of the pent-up demand for walkable urban space:Â The only ZIP codes to actually gain housing value in the past decade were Virginia-Highland, Grant Park and East Lake.Â All of these were considered slums 30 years ago. Today they are among the highest price per square foot for housing in the region.â€
When I decided to move Intown in 1998, I never looked back â€“ isnâ€™t it great to hear those stats about VAHI, GP and East Lake???