Dirt Talk: A Look at Metro Atlanta Land Development

7/25/2019

At the end of the second quarter it was evident Atlanta continues to expand in population and job growth.

 Dirt Talk: A Look at Metro Atlanta Land Development

A strong underlying economy has kept investors and developers active in the market. New developments and infrastructure improvements continue to rise across the city. Select land deals demonstrate the growth Atlanta continues to enjoy.

In West Midtown, two new projects will bring for-sale residential units to the historically for-rent submarket. Edward Andrews Homes and Empire Communities plan to bring new townhomes along Huff Road while Monte Hewett Homes will embark on a condominium project just off Northside Drive. In Downtown, Greystar recently broke ground on Ascent Peachtree, a 345-unit development built atop the existing Peachtree Center parking garage. Emory recently announced preliminary plans for their newly expanded Midtown campus, including a $475 million cancer center.

With more people living in Atlanta than ever before, transportation options are becoming increasingly important. Innovative solutions, such as electric scooters, are beginning to change how people get around. Micro-mobility is one of the fastest growing transportation trends in recent history in terms of adoption. Bike sharing has grown at a greater than 14% compound annual growth rate (CAGR) over the last five years. The adoption of e-scooters is even more popular — capturing 3.6% market share since their launch in late 2017.

To read more and download a copy of Dirt Talk, click here.

Related Insights

Walking Through Atlanta
Article • Topical Report

ATLANTA - No. 9 Ranking for Walkable Urbanism

A decade or two ago, it may have seemed unfathomable for Atlanta to be considered a top 10 walkable U.S. city.
David Smith • 7/10/2019
multifamily rental property pool shot
Article • Multifamily

ATLANTA - Five Fast Facts: Multifamily

The Southeast continues to present strong fundamentals, making the market attractive for multifamily investors both now and in the foreseeable future.
8/21/2019
containers - industrial inventory
Article • Industrial

ATLANTA - Industrial Inventory Rises

Atlanta is a top-tier industrial market serving as the economic center of the Southeast and a critical distribution hub for the U.S. economy. The Transportation & Warehousing industry is one of Atlanta’s largest employers with 150,600 jobs, and has seen 29% job growth since 2012.
8/14/2019

Would You Like To Learn More?

Our professionals are ready to provide further details on this and many other topics.