2018 ATLANTA PARKING SURVEY Urban Submarkets
Parking Becomes More Expensive Market Indicators on Average in Atlanta; Downtown LOW HIGH AVG & Midtown Lead Largest Increases RESERVED $60 - $340 $147 > The data for this parking survey was compiled and collected UNRESERVED $25 - $150 - $103 by Colliers International - Atlanta by means of calling property Landlords, Owners and Parking Operators; and also by on- DAILY MAX $6 - $35 - $16 foot research. Criteria used for this report includes covered or $2 $15 $6 underground parking garages only; located in Atlanta’s urban HOURLY - core submarkets. For decks not associated with offi ce buildings, location is in proximity and relevant to offi ce centers.
Unreserved Rates (monthly) Summary Statistics > Unreserved parking rates in Atlanta’s urban core increased for a Urban Submarkets Downtown Midtown Buckhead third consecutive year in 2018. The average is now at $103 per RESERVED - HIGH $340 $200 $170 month, up 4% compared to last year’s survey. Over the three year period, the average has increased 11%. The high and low amounts RESERVED - LOW $85 $85 $60 remain unchanged this year. Midtown had the highest increase in its unreserved average. The amount is now at $112 per month (the RESERVED - AVG $161 $162 $128 highest in the city) and is up 9% year-over-year. Reserved Rates (monthly) UNRESERVED - HIGH $150 $150 $115
> Like the above, Atlanta’s reserved parking rates also saw its UNRESERVED - LOW $65 $55 $25 average increase in 2018. This year’s rate went to $147 per month which is up 5% compared to last year. The overall low reserved UNRESERVED - AVG $110 $112 $90 space remained the same at $60 per month, located at Atlanta Tech Village. Meanwhile, the high showed a substantial increase DAILY - HIGH $35 $30 $32 over last year and now stands at $340 per month. This rate was confi rmed to be located at the Hurt Building in Downtown; DAILY - LOW $6 $8 $8 an unusual location for such a high reserved parking rate. This new overall high resulted in Downtown having the highest average DAILY - AVG $16 $16 $15 increase this year at 10%. Daily Maximums and Hourly Rates > Parking for the day in Atlanta’s urban core increased in both the hourly category and the daily category. The average daily Parking Maps: Downtown, Midtown, Buckhead maximum rate is up a couple of dollars from last year to $16. The > The following maps provide the locations of the offi ce buildings and hourly average is up a dollar to $6. Daily high averages are up parking facilities researched for this survey. across all submarkets. Both the daily low and daily high amounts are located in Downtown.
d Ivy Rd NE
Ol P
each
t
r
ee ee
D
u
nw
ood
y
Rd d NE Old Ivy Rd NE E ee R N chtr d Pea lv B s p ip h P PHIPPS PLAZA Rd NE Lenox PIEDMONT LENOX CENTER MARKETPLACE
THE WHITLEY R oxb o ro R d d R BUCKHEAD N x E o STATION Len LENOX TOWERS
L e BUCKHEAD n o x STATION Rd d ry R P N er i F ed E es ac m ATLANTA t P o as nt FINANCIAL E R CENTER LENOX d TERMINUS LENOX SQUARE N PLACE R E STATION o s w e TERMINUS ll R 100 d NE Rd tree Peach
Leno
x
R
d
N
E
d NE erry R aces F East P
Pharr Rd NE
W
N
g St E
n
i N
r St ATLANTIC 17th STATION Sp
E t N th S 16 P e HIGH MUSEUM ac h OF ART tre e
ARTS WOODRUFF St CENTER N ARTS CENTER E 15th St NE
COLONY SQUARE
14th St NW
E
N
St 13th St NE
W er PIEDMONT N
ip t PARK
S
12th St NE Jun
ree
t
E
N
Peach
k
l
a
W 11th St NE West
e
e
r TURNER t Downtown BROADCASTING
Peach 10th St NW e NE v
A
t PeachtPeachtreeree Pl nt MIDTOWN on M mo d edme i PPi # PROPERTY RES. UNRES. HR. MAX E/B 8th St NW (Mo.) (Mo.) Offi ce Building E
t N
Parking Decks e S 7th St NE 1 100 Edgewood $75 $7 $14 tre
h
chtree St NE
eac Non-Offi ce PPea 66thth StSt NE 2 Peachtree Center $175 $105 $8 $20 $8 Parking Decks 5th St NWTECH SQUARE W 3 200 Peachtree $130 $75 $6 $18 $6 GEORGIA INSTITUTE 5th St NE
OF TECHNOLOGY ree St N St ree t 4 191 Peachtree $190 $140 $4 $25 4t4thh St NNE t NE E S
er
W Peachtree St NW St Peachtree Peach W W p 5 260 Peachtree $180 $120 $4 $12
uni
JJuniper St NE 3rd St NNWW 6 270 Peachtree $180 $120 $4 $12
THE FOX 7 30 Allen Plaza $175 $130 $4 $12 THEATRE PonPoncece DDee LeLeonon AAveve
NORTH 8 55 Allen Plaza $165 $135 $4 $12 AVENUE NoNorthrth Ave NW M BANK OF 15AMERICA 9 55 Marietta $115 $5 $11
W
N PLAZA
t 11
S
g 10 55 Park Place $7
E
rin SpSpring St NW 14 t N e S 11 One Georgia Ctr. $150 $107 $3 $15 EMORY e
tr UNIVERSITY h cchtree St NE HOSPITAL a PePea 12 250 Williams $180 $150 $3 $12 $10
E
36 N
Ave
t 13 SunTrust Plaza $160 $125 $6 $25 CIVIC CENTER M dmon
e
PiPiedmont NE Ave 14 Baltimore Row $100 $4 $12
15 BofA Plaza $175 $135 $8 $24 PeachtreeSt
IvIvanan AlleAllenn Jr BBlvdlvd NNWW 8 Peach
Centen Centennia
7 t
37 ree 16 Marquis I & II $170 $100 $8 $20 $8 TedTurner Dr
41 Ted S
GEORGIA nial
t SimpSimpsonson StSt Turner
AQUARIUM Dr Park NW Olympic l
Ol 17 Centennial Tower $150 $110 $10 $15
y
m Dr p 31 i 13
c BBakeraker St NE
Park 100 Peachtree
6 18 $85 $65 $7 $7
Dr 12 34 -Cone Street
NW Courtland St NE St Courtland Co 75 32 JoJohnhn PPortmanortman5 BBlvdlvd NNWW
GEORGIA CENTENNIAL u WORLD OLYMPIC rtl CONGRESS 23 16 an 30 100 Peachtree PARK 34 d
19 $140 $120 $8 $15 39 CENTER PEACHTREE S AAndrewndrew YouYoung International Blvd 29 t ng International Blvd M CENTER NE -Forsyth St 2 85 Dr 28 2 20 GA-Pacifi c Ctr. $140 $100 $6 $16 $6
urner t Piedmont Ave Piedmont NE S Pied
e 4 EEllisllis St NE PeachtreeCenter Ave ed TurnerT Dr Peach T ConCone St
3 m WWalton St Popla o 21 Hurt Building $340 $120 $8 $18
al n t tre PHILIPS 24 on St r St 18Luckie St 20 t
Ave Ave St e
ARENA 27 MaMarietta St NW 25 Center JohJohnn WesleyWesley DDobbsobbs AAveve 39 40 19 St r S NE ie 17 t e Underground VINE tt t reree St DOME/GWCC/ a S t e h 22 $140 $105 $6 $2 CITY St ch rli Ave PHILIPS ARENA/ 26 ai ac 33NW FFairlie St e Atlanta MERCEDES M CNN CENTER35 PPea t BENZ S St 10 Auburn AveAve NE 9th WOODRUFF STADIUM PARK 23 104 John Portman $9 $18 $8 ForsyForsyth St Broad St 38 1 EEdgewooddgewood AAveve SE HURT 24 123 Marietta St $80 $8 $20 $6 DDecatur FIVE ec atur PARK POINTS S 21 M St S W E SE 25 100 Luckie St $75 $4 $12 $5 S Dr SE r SW MMLKLK Jr Dr SW GilmerGilme 38 Jr D r J l e r D r St SE il r St HHill Jr S t GEORGIA SE urn W se StS sse r STATE 26 104 Marietta St $4 $10 d T JesJe yo TeTed Turner UNIVERSITY PrPryor GRADY t 22 38 e St 38 HOSPITAL e SW 27 107 Spring St $6 $5 tr 22 ve ch A a t l 38 S o PePeachtree S apit SW MMitchell St SW ton CCapitol Ave SW 28 170 Carnegie Way $110 $15 $35 t itc hell ing TTririn S GEORGIA nity A t GEORGIA syth S SW STATE Aveve PLAZA WashWashington St M SW ForForsyth St SW PARK GEORGIA 29 218 Peachtree St $120 $105 $10 $20 $7 STATE GARNETT CAPITOL M ve 30 227 Courtland St $120 $8 $20 $8 A al tr en CCentral A 31 31 Baker St $10 32 275 Baker St. $10 $30 33 79 Marietta St $85 $5 $8 $6 34 America’s Mart $130 $125 $10 $25 20 35 CNN Center $10 $15 $5 20 36 Crawford Long $75 $4 $6 37 GA Aquarium $12 38 GSU Campus $7 39 GWCC Campus $20 Reserved Unreserved Daily Max 40 Philips Arena $85 $10 $15 $5 High 89% - 25% 41 World of Coke $10 $15 Low 13% - - AVG 10% - 14%
2 2018 Parking Survey | Atlanta | Colliers International - Atlanta
ld Ivy Rd NE
O Pe
achtr
e
e
Du
nw
o
ody R d NE E Rd Old Ivy Rd NE N tree d Peach lv B ps p hi P PHIPPS PLAZA E Rd N Lenox PIEDMONT LENOX CENTER MARKETPLACE
THE WHITLEY Roxboro
R d N Rd BUCKHEAD E STATION Lenox LENOX TOWERS
Leno BUCKHEAD x R STATION Rd d rry Pi N Fe ed E es m ATLANTA t Pac o as nt FINANCIAL E
Rd CENTER LENOX TERMINUS LENOX N SQUARE PLACE Ros E STATION wel TERMINUS l Rd 100 N e Rd E re Peacht
Len
ox
Rd Rd
NE
ry Rd NE aces Fer East P
Pharr Rd NE
Midtown
# PROPERTY RES. UNRES. HR. MAX E/B (Mo.) (Mo.) Offi ce Building Parking Decks 1 1075 Peachtree $200 $125 $6 $16
Non-Offi ce 2 1100 Peachtree $155 $115 $8 $16 Parking Decks 3 1180 Peachtree $200 $125 $6 $16 4 1275 Peachtree $150 $8 $18 5 1330 W Peachtree $80 FREE FREE FREE 6 730 Midtown $160 $115 $6 $10 7 999 Peachtree $150 $110 $5 $14 8 Regions Plaza $165 $125 $6 $18 9 Atlantic Station $178 $121 FREE $14 10 Campanile Plaza $176 $125 $7 $30 11 Centergy One $185 $115 $6 $20 12 75 14th Street $175 $130 13 Mayfair Royal $185 $120 $7 $30 18 14 715 Peachtree $125 $95 $4 $10 15 Midtown Plaza $175 $100 $8 $16 16 10 10th Street $168 $115 $5 $18 28 17 One Atlantic Ctr. $195 $150 $6 $18 37 22 NW 18 Peachtree Pointe $168 $110 $5 $20 t 19 NE
ring S ATLANTIC 17th St NE
SpSpring St NW 19 Pershing Park Pl. $150 $110 $4 $10 STATION 20 9 15 24 20 Pershing Pt. Plaza $95 $3 $16 31 5 NE St 16th St NEPPeach 21 Promenade $160 $125 $8 $16.25 e 29 HIGH MUSEUM ach
t OF ART r eee e St NE ARTS St 4 Silhouette in WOODRUFF CENTER M NE 22 $90 $3 $10 35ARTS CENTER Midtown 115th5th St NE 75 8 21 COLONY 23 The Biltmore $170 $95 $4 $16 17 3 26SQUARE 114th4th SStt NW 24 The Peachtree $115 $6 $16 12 25 45 10 13 25 The Proscenium $155 $115 $5 $16
St NE 113th3th St NE 85 r NE e PIEDMONTPIED
p
ni PARKP
St NW 27 41 2 u JJuniper St NE e 112th2th St NE 26 Colony Square $150 $8 $22
re t 43
ach
E e 27 1100 Spring St. $75 $2 $10 N
P
k 34 1
Wal 111th1t St N West Peachtree St NW h St NEE 28 1475 Peachtree $130 $85 TURNER tree
BROADCASTING ach 16 PePeachtree Walk NE 29 1315 Peachtree $125 NE 1010thth SStt NW e vev
A 7 PPeachtreeeachtree Pl nt A MIDTOWN Pl 30 Ponce City Mkt* $110 $2 $15 M mo
42 38 40 PiedPiedmo 8th St NW 31 1337 Peachtree $6 $12
NE
t S 32 759 W. Peachtree $85 $55 $3 $8 e
e 7th StSt NE r
t
h
11 c 44 a e 44 33 GT Conf. Center $3 $15 PPeachtree St NE 66thth St NE 55thth St NWTECH
SQUARE 23 34 12th & Midtown $6 $15 NW GEORGIA INSTITUTE 5th St NENE OF TECHNOLOGY 33 St ee 32 35 Arts Center $12 $17
eachtr 4th StSt NE St NE
er W Peachtree St NW St Peachtree W W P W 36 725 Spring St. $3 $8 p
niperni St NE
36 u 6 JJu 33rdrd SStt NW 14 37 1422 W. Peachtree $6.50 $10
THE FOX 39 38 Metropolis $6 $15 THEATRE PoPoncence De LLeoneon Ave
NORTH 39 Georgian Terrace $6 $25 AVENUE North AveAve NW M BANK OF AMERICA 40 930 Juniper St. $6 $12
NW PLAZA 41 Skyhouse $6 $24
Reserved Unreserved Daily Max ring St
SpSpring St NW t NE
S EMORY 42 915 Midtown $6 $20 tree UNIVERSITY h High - - - c HOSPITAL ea PPeachtree St NE 43 77 12th Street $5 $16
Low - - - e NE
v
A
t
AVG 5% 9% 7% CIVIC on 44 Viewpoint & Spire $4 $15 M CENTER
iedm PPiedmont NE Ave 45 Atlantic House $2 $14
Ivan Allen Jr Blvd NW Pe *off map
a
c
Ce
ht
n
r
e
t
e
Te
e
nn St
GEORGIA T d i
a Simpson St l O l
AQUARIUM urner
l
ympi Dr
c Baker St NE
Pa
rk rk
Dr
N
C W John Portman Blvd NW o
GEORGIA CENTENNIAL ur
WORLD t
OLYMPIC l a
CONGRESS n 3 2018 Parking Survey | PARK Atlanta | Colliers InternationalSt d - Atlanta CENTER PEACHTREE
Andrew Y oung International Blvd CENTER NE
Dr er
Turn St Ellis St NE Pi ne Pe Ted e
Co d
a mont Wa P c
o ht p lton lar S
PHILIPS r e
Luc A e
St Ce ARENA t ki John Wesley Dobbs Ave v Mari e NE e
S St nt VINE e t t ee DOME/GWCC/ tta S tr e ie r CITY St PHILIPS ARENA/ airl ach A N F v CNN CENTER W Pe e MERCEDES t t BENZ S WOODRUFF Auburn Ave NE ad S STADIUM syth ro PARK For B
Edgewood Ave SE HURT FIVE De cat PARK POINTS ur St E SE S SW Dr r ML Gil r D K J m J r r e l e D r S r S GEORGIA t S Hil urn W se St E T STATE es or J ed y T r UNIVERSITY P GRADY St e HOSPITAL e SW htre t l Av S Peac ito W ap S Mi ton C t tch S Tr ell St ing GEORGIA h ini GEORGIA sh ty S a yt W STATE rs Av PLAZA W o e SW F PARK GEORGIA STATE CAPITOL GARNETT e v l A a tr n e C Buckhead
vy Rd NE
Peac
Old I P
eachtr
h
tre
ee Dunwoo ee
e
Du n
w FOR MORE INFORMATION
o
o
d dyRd y y
3 R d Rd NE OlOldd Ivy Rd NE NE Peachtree Rd NE Colliers International | Atlanta Blvd
ipps h PPhipps Blvd NE Promenade | Suite 800 PHIPPS 18 PLAZA LLenoxenox Rd NE PIEDMONT LENOX 1230 Peachtree Street, NE CENTER 31 MARKETPLACE 19 12 THE WHITLEY RoxRoxboro Rd NE 11 bo Atlanta, Georgia, 30309 19 25 ro 400 Rd Rd BUCKHEAD NE x 21 o STATION en 29 LLenox Rd 9LENOX10 +1 404 888 9000 20 TOWERS 15 16 6 colliers.com/atlanta LLenox Rd NE BUCKHEAD en 8 o 2 14 STATION x 26 27 M 17 Rd Rd ry PiePiedmont Rd NE N Fer E 5 s d m ATLANTA 1 st Pace o EEasta Paces Ferry Rd nt FINANCIAL 7 22 R CENTER4 LENOX d TERMINUS LENOX N SQUARE E PLACE 24 RRoswell Rd NE M STATION oswe TERMINUS ll Rd NE 23 100 Rd tree ach PePeachtree Rd Scott Amoson
LenLenox Rd NE
ox
Rd VP, Director of Research | Atlanta
N ReservedE Unreserved Daily Max +1 404 877 9286 13 High 6% - 10% [email protected] 28 NE Low - 32 Ferry Rd - - aces EEastast PacesP Ferry Rd NE 33 30 AVG 1% 2% 7%
PhPharrarr Rd NENE
# PROPERTY RES. UNRES. HR. MAX E/B (Mo.) (Mo.) 1 3344 Peachtree $135 $105 $6 $20 2 3405 Piedmont Rd. FREE FREE FREE 3 3630 Peachtree $160 $110 $6 $18 4 Atlanta Financial Center $135 $95 $6 $18
5 Atlanta Plaza $125 $75 $3 $13 Copyright © 2018 Colliers International. 6 Atlanta Tech Village $60 $25 $3 $15 The information contained herein has been obtained from sources deemed reliable. While 7 Lenox Center Bldg. $120 $75 $2 $8 every reasonable eff ort has been made to 8 Lenox Overlook $115 $75 $10 $32 ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. 9 Lenox Plaza $120 $75 $3 $8 Readers are encouraged to consult their professional advisors prior to acting on any of the 10 Lenox Towers (North & South) $95 $75 $3 $10 material contained in this report. 11 Monarch Center (Plaza & Tower) $125 $95 $5 $12 12 Alliance Center (One & Two) $125 $95 $5 $14 13 One Buckhead Plaza $155 $95 $6 $20 14 One Capital City Plaza $125 $95 $2 $14 15 Live Oak Square $115 $85 $5 $12 16 Securities Centre (One & Two) $125 $75 $2 $10 17 Peachtree Lenox Bldg. $110 $80 $4 $15 18 Phipps Tower $135 $100 $4 $14 19 Piedmont Center $100 FREE FREE FREE FREE 20 Piedmont Place FREE FREE FREE FREE FREE 21 Prominence in Buckhead $125 $95 $4 $12 22 Resurgens Plaza $135 $95 $4 $12 23 Terminus 100 & 200 $135 $105 $5 $15 24 Buckhead Tower - 3399 Peachtree $135 $85 $6 $12 25 The Pinnacle $130 $90 $4 $12 26 Tower Place 100 $140 $90 $4 $20 27 Tower Place 200 $135 $105 $6 $20 28 Two Buckhead Plaza $155 $95 $6 $20 29 3445 Peachtree $130 $90 $4 $12 30 550 Pharr Road FREE FREE FREE FREE FREE 31 Three Alliance Center $150 $115 $7 $30 32 The 309 $170 $100 $6 $16 33 Buckhead Atlanta $3 $20 NE h St ATLANTIC 17t STATION Spring St NW 34 1776 Peachtree* $90 $4 $10
NE St *off map th 16 P e a HIGH MUSEUM c h t OF ART re e ARTS S WOODRUFF t CENTER N ARTS CENTER E 15th St NE
COLONY SQUARE
14th St NW
E
St N 13th St NE PIEDMONT
iper t NW PARK
12th St NE Jun ee S
eachtr
P
st
alk NE
W 11th We St NE
e
re TURNER BROADCASTING
Peacht
E
10th St NW N e
Av
t Peachtree n MIDTOWN Pl
dmo e
Pi 8th St NW
t NE
7th St NE
chtree S
a
e
P 6th St NE 5th St NWTECH SQUARE 5th St NE
GEORGIA INSTITUTE NW St
OF TECHNOLOGY tree tree
4th St NE W Peach W
iper St NE
3rd St NW Jun
THE FOX THEATRE Ponce De Leon Ave
NORTH AVENUE North Ave NW BANK OF AMERICA PLAZA NW
E
N
Spring St t
S
EMORY ee r
t UNIVERSITY h c
a
HOSPITAL e
P
E
t Ave Nt Ave
n
CIVIC o CENTER
Piedm
Ivan Allen Jr Blvd NW Peacht
Cente
reeSt
Ted n
GEORGIA nial
AQUARIUM Simpson St Turne
Olympic Park D Park Olympic
r r D
r Baker St NE
r NW John Portma Cou GEORGIA CENTENNIAL n Blvd NW WORLD OLYMPIC rtla
CONGRESS PARK St nd CENTER PEACHTREE Andrew Y
oung International Blvd CENTER N E r r D ne ur t
S P
T e Ellis St NE i d n Peach Te o e
C Av dmont P W o a p lt la treeCent PHILIPS o r L n S u ARENA S t c t k t John Wesley Dobbs Ave M i e e S a S ri e NE VINE e t t e t r erA DOME/GWCC/ ta S t ie h CITY S rl c PHILIPS ARENA/ t ai a N F ve MERCEDES CNN CENTER W Pe BENZ St t h S WOODRUFF Auburn Ave NE yt ad STADIUM rs ro PARK Fo B
Edgewood Ave SE HURT FIVE De ca PARK POINTS tur S E t S S W E r S M G D r L il r D K m J r Jr e ll e Dr r i n S H r S GEORGIA t W t S se S E s Tu r STATE e d o J e y T r UNIVERSITY t P GRADY S e W HOSPITAL e S tr e h v c A a t l e S P ito W n ap S M to C t itc g S he in Tr ll h GEORGIA th in S GEORGIA y it t as s y SW STATE r Av PLAZA W o e S F W PARK GEORGIA STATE CAPITOL GARNETT e v A al tr n e C