Remember Me
forgot your password?

Atlanta real estate development remains strong

On October 2005, a brownfield steel plant site was redeveloped into an urban district. Now it is popularly known as the Atlantic station. As of early 2006, Mayor Franklin envisioned to set up a 14-block stretch shopping destination on Peachtree street in Midtown Atlanta that rivaled Rodeo Drive located in Beverly Hills and the Magnificent Mile located in Chicago. This shopping destination is now nicknamed the Midtown Mile.

Currently, Atlanta is in the midst of a retail and construction boom. The city is busy with 60 new high rise and midrise buildings that have been proposed and/or under construction since April 19, 2006.

The Atlanta government is also helping its poor residents find suitable places to live. With the demolition of the housing projects that used to foster drugs, crime and poverty, it is now being replaced with fashionable shops, golf courses and other developments that are geared towards family.

Atlanta housing projects have been going on for more than 15 years. Originally known as the Techwood Homes project in 1936, it was proclaimed as useful work under government supervision by President Franklin D. Roosevelt. It was suppose to be the first step in creating a safety net for the destitute populace of the Depression.  

Now, housing officials across Atlanta have been tearing down these projects where some 1.2 million families live. These houses are then replaced with higher-rent and subsidized apartments and homes. Atlanta officials expect to finish the last of their extensive projects by June.

Previous residents of demolished housing projects are given vouchers by the government for privatized and healthier living conditions. However, this move has sparked debate. Some poor advocates worry that not everyone is subsidized well enough. And that more families are dumped on the street, left homeless, all because of this ambitious overhaul.

However, the Atlanta Housing Authority defends that of the 92,000 units demolished, all have been replaced with traditional public housing. Its former residents have also received vouchers to be placed in privately owned homes that are secure and well maintained. Whether this move is positive or not, cities like Boston and Los Angeles are following Atlanta’s lead in decentralizing poverty.

With progress in Atlanta real estate, the government is also taking environmental protection seriously. Having a reputation of being a City of Trees or City in the Forest, Trees Atlanta was formed in 1985. The unit has already planted and distributed over 68,000 and more shade trees all over the metropolis. Now, Atlanta is pleased that beyond its business district, it has a dense canopy of woods that spread across the suburbs as its skyline.

Atlanta homes vary in size, they can be: condominiums, apartments or Victorian structures, nevertheless they are safe, cozy and well kept. With a neighborhood sprawling with trees, it’s difficult not to love the city. Atlanta can grow on anyone. The progress of the city, the history it has, together with its cultured, educated people --- Atlanta is home.

Tina Fountain

Tina Fountain Realtors, an Atlanta Real Estate company serving the entire metro Atlanta area including Marietta Real Estate and Cobb County Real Estate.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Real Estate Articles
  • More from Tina Fountain

Do I Use a Realtor or Sell My Home Myself?

By: Jason Kay | 24/11/2009
When it comes time for you to sell your home you have two options; you can hire a Realtor to do the selling for you or you can tackle the task of going 'For Sale by Owner, or FSBO.' Of course if you sell the home yourself then you will...

The House Values Around You Are Dropping, What do You Do?

By: Heather Dunlop | 24/11/2009
The first thing you need to do is ask yourself if you had plans to move before you heard about the house prices dropping in value. If you plan to stay in your home for years to come, then you shouldn't be as worried as someone who needs to sell...

Finance Your Miami Luxury Condos with an ARM minus the Leg

By: Mark Ferrer | 24/11/2009
Fixed mortgages are quite self-explanatory and easier to understand especially for first-time homebuyers. But if you're applying for an ARM to finance your Miami luxury condo purchase, it takes more than the basic knowledge of rates either going up and down to help you grasp the core concept of the mortgage option. You need to know the intricacies of the mortgage plan, including the risks that can possibly cause you to fall in a hole of financial woes in the future.

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Atlanta real estate development remains strong

By: Tina Fountain | 09/11/2009 | Real Estate
For Atlanta, real estate and urban development is just the beginning of a progressive year. There are various businesses that continue to move and expand in Atlanta’s Midtown district. As of 2006, one of its newest offices, 1180 Peachtree, just opened in Midtown. With a height of 645 feet (197m), this building has already achieved an LEED (Leadership in Energy and Environmental Design) gold certification award from the US Green Building Council.

Atlanta real estate: Going about the neighborhood

By: Tina Fountain | 09/11/2009 | Real Estate
If ever you’re in a new city, don’t you just hate it when you have to run around town not knowing where all the public transportation is located? As it is, adjusting to your new Atlanta home is difficult already, more so having to run errands and depend on their modes of transportation.

Atlanta homes relocation: Things in store for the new resident

By: Tina Fountain | 09/11/2009 | Real Estate
For a number of new residents in Atlanta, one thing is most certain - residents will never run out of things to do! Relocating to Atlanta homes will probably be the best decision any mover will ever make in his life. Not only is it a progressive metropolis but it is also the center of many cultural events. Residents get to experience great nightlife, fine dining and many others just by living in Atlanta!

Atlanta real estate: Past and Present

By: Tina Fountain | 09/11/2009 | Real Estate
Atlanta is the state capital and county seat for Fulton. In 1842, the city was initially named Terminus and was later changed to Marthasville, a name held in honor for Governor Wilson Lumpkin's daughter. In 1848, ‘Atlanta’ was permanently named the metropolis it is today. It wasn’t only until December 29, 1845 was Atlanta incorporated officially as a city. Then on April 20, 1868 was Atlanta named the State Capital. At present, Atlanta holds the title as the state’s Cultural Center. It boasts a

Atlanta homes: Living the good life

By: Tina Fountain | 09/11/2009 | Real Estate
Ranked as the 3rd largest city in the United States, Atlanta is one of the fastest growing metropolitan areas. Also the most populous city, Atlanta is home to the 3rd largest concentration of Fortune 500 companies ever recognized, such as: The Coca-Cola Company, AT&T Mobility, Delta Air Lines, Home Depot and UPS - most of which hold corporate headquarters in the heart of Atlanta.

Home Pest Infestations: Can You Afford to Let Them Go Untreated?

By: Tina Fountain | 21/09/2009 | DIY
Whether you're looking to buy a new house or think that there might be an issue with the home that you're living in at present, it is beneficial to be informed about any infestations that can cause problems for you and your loved ones. Roaches are the most common household pests while infestations from creatures such as tribbles are rarely seen.

Asbestos in the Home: To Remove or Not to Remove

By: Tina Fountain | 16/09/2009 | Remodeling
Don't let the presence of asbestos in a home scare you away from buying it. If you are in love with a home that has asbestos in it, find out if the inspector what the condition is like and what might need to be removed. You may find that either it doesn't need removal or that the cost is worth spending to have the home of your dreams.

The Home Equity Merry Go Round

By: Tina Fountain | 24/08/2009 | Real Estate
This is not to say people didn't go bankrupt or face large debt, but overall the attitude and acceptance toward refinancing was very different. Sadly, now many of those diligent homeowners who saved all their lives are now victims of the latest mortgage trend – the Reverse Mortgage. No longer able to afford to live off their savings, these retirees have agreed to mortgages that will basically turn over their properties to the hands of the bank when they die.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.57, 0, w2)