Downtown Atlanta is in the midst of its largest construction boom since the 1996 Summer Olympics. Busy commercial corridors are teeming with cultural opportunities including art galleries, theaters, live music venues, arenas, restaurants, and bars. Tourists flock to attractions housed in amazing buildings like GA Aquarium, the Center for Civil and Human Rights, and Mercedes-Benz Stadium.
The Downtown skyline continues to evolve with projects like
- Georgia State University's massive investments in academic buildings and student housing.
- The $5B Centennial Yards development, formerly known as the Gulch
- Margaritaville Tower, a 22-story timeshare project, designed to harness “the energy and excitement of the big city with the familiar comfort of being on vacation”
Meanwhile, what's old is new in Downtown Atlanta. In addition to a groundswell of investment pouring into new construction, many redevelopment projects are underway including
- A $150M redevelopment of MARTA's busiest station at Five Points
- The developers behind The Works are planning a food hall amidst a complete overhaul of Underground Atlanta
- Stately buildings along Hotel Row on Mitchell Street are being converted into retail space
- Restoration of Atlanta's oldest mansion, the Rufus M. Rose House, promises to transform the building from a crumbling, fenced-off blemish on Atlanta’s marquee street into a beautiful Victorian landmark
Now is a great time to consider real estate in the area. While it may seem like it’s all high-rise offices, apartments, and condos, Downtown Atlanta also offers some single-family homes, townhomes, garden-style condos, and adaptive reuse dwellings. Prices in the area are highly competitive and offer a mix of affordability and practicality. Great neighborhoods include artsy Castleberry Hill, historic Fairlie-Poplar, political South Downtown, and up-and-coming SoNo.
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