Atlanta: where the hottest area will be in 10 years

LoveAtlanta · #1 Posted: **Apr 8, 2007, 11:26 PM**

Hi guys,
what you think what hottest area will be in 10 years in Atlanta to live in?
I mean what area in Atlanta will go up in value the most?

I think downtown after all buildings around CPark get built.
what you think?

Terminus · #2 Posted: **Apr 9, 2007, 1:59 AM**

Define "hot." If you mean real estate-wise, a built-out area isn't. Or do you mean in terms of street activity?

MidtownMile · #3 Posted: **Apr 9, 2007, 7:09 AM**

That's a tough call, as Terminus points out, because that term can mean a lot of things.

Going with the popularity definition (i.e. where people go and want to be), I actually think Atlanta is poised so that there isn't one. Similar to other large cities, there will be several districts that will have developed and will compete over the title depending on what an indivdual is looking for.

Teshadoh · #4 Posted: **Apr 9, 2007, 2:01 PM**

I think he means global warming

Pillsbury Doughboy · #5 Posted: **Apr 9, 2007, 3:24 PM**

Wherever I decide to live..........

MidtownMile · #6 Posted: **Apr 9, 2007, 7:37 PM**

Quote:

Originally Posted by Teshadoh

I think he means global warming

If it will get rid of these winter-like conditions, I'm all for it. Bring on Coastal Atlanta!

atl2phx · #7 Posted: **Apr 11, 2007, 3:12 AM**

for sure, there will be several hotspots in the metro area. the two that i think hold the most potential are: 1) classic midtown - east of the connector, north of north and south of brookwood, 2) midtown west - west of the connector, north of north and south of 75.

Fiorenza · #8 Posted: **Apr 11, 2007, 4:14 AM**

I like the slice east of Decatur, south of Scott Blvd., west of 285, and north of MARTA.

keelanfish · #9 Posted: **Apr 11, 2007, 2:30 PM**

If hottest is defined as percentage increase in land value I think any of the gentrifying neighborhoods inside the perimeter north of I-20. I currently live South of Decatur in a neighborhood called Belvedere that is densly built out with 1/3 to 1/2 acre residential mostly constructed in the 1960's. You can get a 1 story brick ranch with basement for the low 100's and taxes are reasonable because its in unicorporated Dekalb. Downtown Decatur is only 5 min. away. Dekalb Farmers Market is only 5 min. away. Interstates (I-285 & I-20) onramps are accessible. My wife works in midtown and it only takes her 20 minutes to get to work. MARTA bus routes are numerous and the Kensington Marta Station is readily available. People spending $200k+ on a house in the suburbs that is on a lot the size of a postage stamp and spending 2+ hours in the car commuting everyday will eventually come to their senses and discover they can live on a nice lot with a nice house, have a short commute, benifit from rapidly appreciating property values and spend half the money. I've lived here for 5 years and the only downside I can see is for people that have school age children. Dekalb county schools suck, but with all the money people would save they could afford to send their children to any school of their choosing.

Oh yeah, and they have finally demolished the abandoned Avondale Mall. I'm not thrilled with the Wal-Mart that is going to take its place, but anything is better than an abandoned mall.

whoDean · #10 Posted: **Apr 11, 2007, 3:18 PM**

Residential hot areas could be the Boulevard corridor south of Ponce all the way to I-20 eastward including the Old Fourth Ward, and Midtown west of connector up the Marietta corridor.

Retail hot areas could be Peachtree north of Phipps, Buckhead village and Briarcliff/North Druid Hills intersection.

cactuspunk · #11 Posted: **Apr 11, 2007, 4:08 PM**

I will have to say the Midtown West definitely. The areas around Huff Rd, Marietta Blvd, Marietta Road, Chattahoochee Ave and Ellsworth Industrial.

Andrea · #12 Posted: **Apr 11, 2007, 4:27 PM**

Quote:

Originally Posted by keelanfish

I currently live South of Decatur in a neighborhood called Belvedere that is densly built out with 1/3 to 1/2 acre residential mostly constructed in the 1960's.

I'm glad to hear Belvedere is doing so well. I may be wrong but I think that may have been where one of the first suburban Rich's went, perhaps even before Lenox, or at least at about the same time.

I had dinner with some friends in White Oak Hills last fall and was really impressed with all the stuff going on over that way, too.

netdragon · #13 Posted: **Apr 17, 2007, 5:19 AM**

West ATL between 20 and Cobb County, and North and South of 20 outside the West perimeter (including South Fulton, Powder Springs, etc)

Harry Cane · #14 Posted: **Apr 17, 2007, 12:02 PM**

Now that would never have been my guess.

CottonCity251 · #15 Posted: **Apr 17, 2007, 5:36 PM**

And why is this not under the Atlanta Discussion Thread? You guys need to stop hogging the forum with information that could go in an already existing thread.

Brown Duckz · #16 Posted: **Apr 17, 2007, 6:48 PM**

Quote:

Originally Posted by CottonCity251

And why is this not under the Atlanta Discussion Thread? You guys need to stop hogging the forum with information that could go in an already existing thread.

They could say the same thing about you hogging there thread with a pointless post like that. This thread was created because sometimes it's needed if there is enough following/interest in a topic, so that it doesn't clutter the other threads that are ON topic already. If you feel cheated, make a Mobile thread with a similar topic. Cheers,

zok · #17 Posted: **Apr 18, 2007, 5:20 PM**

Quote:

Originally Posted by LoveAtlanta

Hi guys,
what you think what hottest area will be in 10 years in Atlanta to live in?
I mean what area in Atlanta will go up in value the most?

I think downtown after all buildings around CPark get built.
what you think?

What about the midtown mile? In 10 years it'll be fully complete and I think it'll be the biggest draw in the city. High end retail, museums, theatre, high end condos as well some apts/low end condos available just a few blocks from the main strip.

shades valley · #18 Posted: **Apr 18, 2007, 9:07 PM**

i think the newly built area in grant park is HOTT right now!

joey · #19 Posted: **Apr 19, 2007, 12:52 AM**

Quote:

Originally Posted by zok

What about the midtown mile? In 10 years it'll be fully complete and I think it'll be the biggest draw in the city. High end retail, museums, theatre, high end condos as well some apts/low end condos available just a few blocks from the main strip.

Somehow I feel Dewberry may not even break ground at Tenth/Peachtree until long after that. He's been holding onto the land for, what, seven years now already?

On the other hand, his interest payments are finally getting lower to the point where, shortly, his holding costs might be too great, even at the price he paid for the land. I wonder if he's leveraging the appreciation equity he's built up at Tenth/Peachtree (from the increased appraisal over the last seven years or so) to help finance his other projects without investors. That would, unfortunately for Midtown, increase the incentive to not develop it for a while.

MidtownMile · #20 Posted: **Apr 19, 2007, 7:07 AM**

I would sooner think he's waiting for the markets to shift. While it is likely to be mixed use of some type, the form of the building could change dramatically depending on what is around. Be it an entertainment venue, mid-level condos, high-end condos, another hotel, or even a mall tower, playing the "final piece" can be very lucrative if you act at the opportune time (before the anger of you not developing turns people away).