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City legislation seeks to boost residential density by transit stops

In a recent bid to boost housing affordability and brace for Atlanta’s expected population explosion, City Councilman Amir Farokhi proposed a suite of ordinances that would help densify the residential areas near transit stations and make them less car-dependent.

The first of the three proposals aims to rezone properties within a half-mile walk from mass transit stops from low-density designations — including single-family residential zoning — to what’s called “Multifamily Residential Multi-Unit” (MR-MU), “to promote a variety of housing options and increase affordability,” according to the latest legislative draft.

Read the full story on Atlanta Civic Circle.

1 Comment

  1. i wish Amir would take 5min to think about the short term rental problem that’s sucked up such a huge swath of the rental units in these areas he wants to rezone. If it isn’t, all Amir is doing is green-lighting more units to be put on AIrBnB. They won’t go to long-term leases. There’s way way more money (orders of magnitude) and way way less aggravation with short terms over regular year-long tenants – so say the owners who flipped out their properties. In the end this really runs the probability of benefitting developers greatly and property owners pretty darned well, and doesn’t do much of anything for traditional renters – who are now pushing the gentrification bubble further afield, with aggressive infill redevelopment running about 2-3 yrs behind them (and closing quickly in the far SE quadrant). Mid-range intown rent is now at $1,800/mo for a 1Br, which isn’t “affordable”; home square footage prices are now higher for Reynoldstown/Cabbagetown/O4W than for Midtown; Kirkwood has houses now selling at $1.1M and older residents are looking to move to lower their property tax bill. Our employees are finding themselves on the verge of being priced out of Chosewood rentals; some already decamped to far DeKalb Co (and we pay above mkt rate). Atlanta is aggressively pursuing companies bringing in high-salaried employees, who can easily afford $2k+/mo rent; more of them only drives more high priced housing (building affordable isn’t affordable for developers; if there was money in it they’d be more willing to do so already). Intown housing is going to out of state folks coming in for these high paying jobs, driving the gentrification engine…Report

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