By Maria Saporta and Maggie Lee The City of Atlanta plans to sell the 19-acre Civic Center property to the Atlanta Housing Authority, Mayor Kasim Reed announced at a press conference Thursday afternoon. AHA would buy the site for $31 million, and it would partner with Weingarten Realty to develop retail and offices on the […]
The leaders of the the Atlanta agency in charge of attracting investment on Thursday morning approved millions of dollars in sweeteners or tax abatements for developments at Underground, Colony Square and more.
Frances Westbrook of Brookhaven was having lunch Saturday in Adair Park – a southwest Atlanta community that she did not know before signing up for the Georgia Trust’s Southwest Atlanta Expedition.
“I thought it would an excellent opportunity to see this area, which I had never been to before,” said Westbrook, who has also been on the Atlanta BeltLine tour. “It’s really a superb opportunity to get to know another part of Atlanta.”
More than 200 people visited the 20-plus sites on the Southwest Atlanta tour – which included houses, industrial buildings and some of the incredible academic institutions that have anchored the communities for more than 100 years.
Talk about rising tax values for property near the Atlanta BeltLine. Fulton County’s tax assessor this year more than doubled the value of a vacant lot near the Westside Trail. The value of some homes near the BeltLine was increased by more than 50 percent over last year’s values.
Note to readers: This is the second of two stories about affordability along the Atlanta BeltLine. Previously: Incentives proposed to preserve affordability of homes, shops …
Price hikes are stunning for homes sold with a half-mile of the Atlanta BeltLine – values rose as much as 58.9 percent in sales recorded between 2011 and 2015. These figures are behind the rising number of civic leaders and candidates for Atlanta City Hall who are talking about affordability, affordability, affordability.
Note to readers: This is the first of two stories about affordability along the Atlanta BeltLine. Coming Monday: Skyrocketing housing prices along BeltLine. // Rising land values along portions of the Atlanta BeltLine have resulted in steep price hikes for existing tenants of homes and businesses, forcing some to relocate. A new proposal aims to preserve the affordability of now-blighted areas as they are redeveloped.