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Downtown Atlanta Living

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Downtown Atlanta Living DOWNTOWN ATLANTA LIVING WWW.ATLANTADOWNTOWN.COM http://www.fontsite.com/Pages/FFDownloads.html DOWNTOWN NEIGHBORHOODS AND SURROUNDING AREAS Howell Mill Rd 10th St 10th St 10th St MIDTOWN VIRGINIA-HIGHLAND W Marietta St Howell Mill Rd Northside Dr 8th St Monroe Dr Peachtree St Joseph E Lowery Blvd GEORGIA TECH 75 Marietta St 85 Ponce De Leon Ave W Peachtree St W Peachtree Piedmont Ave Donald Lee Hollowell Pkwy Freedom Pkwy Northside Dr Ponce De Leon Ave North Ave North Ave North Ave MARIETTA ARTERY North Ave Spring St SONO OLD FOURTH WARD ENGLISH AVENUE NORTHSIDE DRIVE Marietta St CORRIDOR Boulevard Glen Iris Dr Centennial Olympic Park Drive Park Olympic Centennial James P Brawley Dr James P Brawley CENTENNIAL PLACE Peachtree St CENTENNIAL HILL Ralph McGill Blvd Ralph McGill Ave Freedom Parkway Spring St CENTENNIAL Baker - Highland Connector VINE CITY Marietta St HOTEL Highland Ave OLYMPIC PARK DISTRICT Freedom Parkway Northside Dr Andrew Young International Blvd Joseph E Lowery Blvd Andrew Young International Blvd Piedmont Ave FAIRLIE- Boulevard INMAN PARK Vine City POPLAR MARTA Station Auburn Ave Auburn Ave Edgewood Ave M L King Jr Dr GEORGIA Edgewood Ave STATE Spring St DeKalb Ave ATLANTA 75 UNIVERSITY 85 Wylie St CENTER Piedmont Ave KING HISTORIC James P Brawley Dr James P Brawley Decatur St DISTRICT CASTLEBERRY CABBAGETOWN HILL Jesse Hill Jr Dr Boulevard M L King Jr Dr Kirkwood Ave Peachtree St SOUTH CBD M L King Jr Dr Northside Dr Memorial Dr Memorial Dr MEMORIAL DRIVE CORRIDOR Boulevard 20 20 Capitol Ave Capitol GRANT PARK WEST END SUMMERHILL Joseph E Lowery Blvd MECHANICSVILLE Ralph David Abernathy Blvd Georgia Ave 75 West End West Metropolitan Pkwy Metropolitan DOWNTOWN NEIGHBORHOODS MARTA Station MARTA 85 SURROUNDING AREAS DOWNTOWN RESIDENTIAL MARKET FACTS & FIGURES EXISTING HOUSING Rental Units Market Rate...................................................................... 4,640 Special Needs*................................................................. 3,442 For Sale Units ............................................................................ 3,906 University Housing ..................................................................... 2,511 *Special Needs Units include affordable, public, and senior housing. 14,499 UPCOMING HOUSING Under Construction Units........................................................... 5,566 Planned Units ............................................................................ 2,948 8,514 TOTAL DOWNTOWN Total For Sale Units ................................................................... 7,437 HOUSING UNITS Total Rental – Market Rate Units ............................................... 7,499 (Existing, Under Construction, & Planned) Total Rental – Special Needs Units............................................ 3,566 Total University Units................................................................. 4,511 23,013 Information compiled by staff research and based on information available Fall 2006. RESIDENTIAL DEMOGRAPHIC Population ............................................................................................................. 23,300 STATISTICS: Population by 2008................................................................................................ 36,600 Average household income................................................................................... $45,000 Average housing value........................................................................................ $175,000 Average market rent............................................................................................... $1,185 Median age................................................................................................................... 31 One-person households .............................................................................................59% Families with children ................................................................................................18% Households of roommates..........................................................................................12% Households with member over 65 years old................................................................15% Households living in structures with 20 or more units .................................................53% Take public transportation or walk to work ..................................................................31% Have no car...............................................................................................................43% OTHER DOWNTOWN Daytime Employees.............................................................................................. 137,000 POPULATIONS: Students ................................................................................................................ 40,000 Daily visitors (business, pleasure, conventions)....................................................... 40,000 Annual visitors and conventioneers..................................................................... 12 million OTHER STATISTICS: Hotel rooms ........................................................................................................... 12,000 Restaurants / eateries.................................................................................................. 150 Bars / nightclubs........................................................................................................... 25 Square feet of office space .............................................................................. 17,023,566 OWNERSHIP Johnson & Johnson Lofts 18 units / $300,000 – $400,000 Castleberry Place Conversion CASTLEBERRY HILL 4 units / $250,000 – $330,000 Opened 1990 New Construction Planned 2007 Beeline Lofts 19 units / $175,000 – $275,000 GE Lofts Conversion Castleberry Hill, listed on the National Register of Historic Places, is made 49 units / $150,000 – $300,000 Opened 2000 up of historic warehouses that have been converted into residential lofts, Conversion Opened 1996 Stonewall Battery restaurants, pubs, art galleries, salons, and coffee shops. Adjacent to the 8 units rail lines that were integral in Atlanta’s formation, Castleberry Hill has Bottle Works Renovated become an artist’s haven. The neighborhood hosts an annual loft tour that 12 units / $150,000 – $250,000 Opened 1993 Conversion showcases the dramatic conversions from former manufacturing plants, Opened 1993 211 Walker Street 9 units warehouses, and meat packing buildings. DUO Conversion 80 units / $160,000 – $300,000 Opened 1997 NEIGHBORHOOD AMENITIES: New construction Opened 2006 Fairside Lofts • Restaurants and bars including NoMas! Cantina, Paschal’s Restaurant, Wasabi, 15 units / $110,000 – $400,000 Elliott Street Pub, M bar, Slice, and others Centennial Station Conversion • 58 units / $159,900 – $314,900 Opened 1995 Many galleries, artist studios, and exhibition space New construction • Close to the Georgia Dome and both the Garnett and the Dome/GWCC/ Opened 2006 Fair & Walker Lofts Philips Arena/CNN Center MARTA Station 42 units / $150,000 – $300,000 Castleberry Point New construction Morris Brown College Mitchell St 108 units / $160,000 – $700,000 Under construction 2006 New construction Richard B. Russell Atlanta St Haynes Under construction 2008 American Laundry 1 Building University Martin Luther Markham St Sam Nunn 1 unit Complex 39 3 King Jr. Mitchell St Atlanta Federal Deer Lofts Conversion FederalCenter Building 49 units / $169,000 – $300,000 Beckwith Ct 4 5 45 Opened 2001 Beckworth St Conversion 6 Nelson St The Stables Lofts Haynes St 7 Opened 1996 Parsons St 3 units Chapel St 10 9 Castleberry Square 11 8 Conversion 12 30 units Opened 2002 14 Garnett St Conversion Vine St 40 2 Walnut St 15 Stonewall St 16 Opened 1983 Storehouse Lofts Peters St 20 17 36 21 units / $175,000 – $250,000 Fair St Bailey St 21 18 Greyhound 19 PillowTex Building Conversion 35 Brotherton StBus 4 units Clark Atlanta 22 34 Terminal Opened 2000 University 41 23 Fair St 32 33 Conversion 42 Garnett Opened 1992 330 Peters Larkin St 31 MARTA Station 13 30 6 units / $225,000 – $1.25 M 24 Mueller Lofts 38 Northside Dr Conversion Walker St 14 units / $200,000 – $350,000 Opened 2000 Conversion 43 Trenholm St Opened 1999 322 Peters Hills Ave 25 McDaniel St 20 units 29 140 Walker Street Spelman La 28 Conversion 37 3 units / $225,000 – $390,000 27 Opened 2005 26 Conversion Whitehall St Opened 1999 Market Lofts 123 units / $135,000 – $250,000 150 Walker Street Conversion 12 units / $170,000 44 Opened 2000 Eugenia St Conversion 20 Cooper St Cooper Opened 1996 Swift & Co. Lofts 31 units / $120,000 – $306,000 Ty Stokes Conversion 3 units Opened 1998 Castleberry Gallery Intown Lofts Conversion 3 units 87 units / $900 – $2,400 Opened 2001 Kingan & Co. Lofts Conversion New construction 14 units / $170,000 – $300,000 Loftman Lofts Opened 2002 Conversion West Lumber Lofts 3 units Opened 1996 15 units / Ownership Legacy Lofts at Castleberry Hill Conversion Conversion 18 units / $1,250 – $1,785 Opened 2002 Castleberry Row Townhomes Opened 1998 New construction 4 units Opened 2002 Aristocraft Lofts Conversion 5 units / $289,000 – $299,000 Opened 2002 Village at Castleberry Hill Conversion RENTAL 166 units / $620 – $1000 Opened 2005 222 Peters New construction 3 units Village at Castleberry Hill 188 Walker Street Conversion 248 units / $620 – $1,000 Century Lofts 3 units Opened 1997 New construction 28 units / $1,250 – $2,300 Conversion Under construction
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