Share:

The Rise of Food Halls in Atlanta

David Smith • 7/16/2019

The national food hall trend is in full swing. Learn how the trend is impacting Atlanta.

The Rise of Food Halls in Atlanta Property

By the end of 2020 the U.S. is expected to have approximately 450 food halls in operation, which is a nearly fourfold increase from 2016. The convergence of foodie culture and the sharing economy have found a compelling marriage that is attractive to landlords, restaurateurs and customers.

 

For developers and landlords, the rise of the food hall anchor in residential and mixed-use developments, shopping malls and office towers, has been spurred by a new type of tenant that attracts consumers hungry for authenticity and an experiential lifestyle. – Food Halls 3.0: The Evolution Continues

 

In Atlanta, there are currently six food halls that are fully open. Another four are planned to open in the second half of this year, and the city’s total is scheduled to hit 15 by the end of 2020. The oldest of these is the Sweet Auburn Curb Market, which was started in 1924 (as The Municipal Market). Originally designed as a location for local famers to sell their products in Downtown Atlanta, it is now home to a dozen restaurants alongside several produce and meat vendors.

 

More recently, food halls have opened up in other parts of Atlanta’s Central Business District (CBD) with Krog Street Market and Ponce City Market, both of which are adjacent to the Beltline’s Eastside Trail. Looking forward, there are four projects either planned or under construction in the CBD (three in Midtown and one in Buckhead). However, the momentum of near-term growth in the food hall market is primarily moving towards Atlanta suburbs with an urban, walkable feel to them. For example, one just opened on Marietta Square, and The Battery will also house a food hall by the end of 2019.

 

The Rise of Food Halls in Atlanta map 

 

The Rise of Food Halls in Atlanta Table

Cushman & Wakefield’s new report, Food Halls 3.0: The Evolution Continues, takes a deep dive into the food hall trend across the United States. In particular, it explores some new developments in the sector:

 

  • Expansion into shopping malls, college campuses and office towers
  • Partnerships with craft brewers
  • Growth of live performance, entertainment and community-driven spaces inside food halls
  • Evolution in food hall design enabling more efficiencies for vendors and greater common space
  • Potential areas of risk for investors and developers 

Related Insights

data center
Article • Data Center

Atlanta Data Center Market – Incentivized Progress

Early in 2018 the state of Georgia received nationwide attention from the data center community as a new package of incentives was signed into law.
Kevin Imboden • 5/13/2019
eScooter Rider in Washington DC
Article • Micro-mobility

ATLANTA - Micro-Mobility and CRE

Shifts in mobility are all around us. In addition to traditional modes of transportation—such as cars and public transportation via train or bus—there are new offerings available to commuters, residents and tourists.

David Smith • 6/19/2019
Industrial Warehouse Internal Inventory Racks
Article • Forecast - Outlook

INDUSTRIAL - Preliminary Outlook for 2020

Will the Industrial boom continue in 2020? Hold on to your hats!
Carolyn Salzer • 12/11/2019

Would You Like To Learn More?

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