Atlanta Economic Development Thread - Page 13

newuserbuckhead · #**241** Posted **Aug 17, 2021, 1:19 PM**

Quote:

Originally Posted by Libertarian

Great location for a data center.

From an urbanism perspective, it's an awful location for one. That said, there are several large data centers already downtown. The infrastructure in this area for data centers is huge, so it's a no brainer to add additional capacity here.

The geography of the internet is a really fascinating topic and one a lot of people don't consider when thinking about the internet; most of us interact with it on our phones or computers. We rarely think about the physical infrastructure associated with it.

If you want to geek out on something very few care about and will certainly earn you zero points at your next party, here are some reports and maps on Atlanta's internet infrastructure.

Tones of really cool maps on fiber lines into/out of the metro, city, downtown: https://ctycms.com/ga-atlanta/docs/nef-connectivity-report.pdf

https://h5datacenters.com/assets/pdf/atlanta-data-center-fiber-maps.pdf

Really cool interactive map of data center locations globally. Note the large concentration in downtown, especially on Marietta. https://baxtel.com/data-center/google-douglas-county-georgia

Interesting risk calculations and infrastructure information for Georgia and nationally: https://openspectruminc.com/wp-content/uploads/2017/07/Atlanta-Market-Report.pdf

Julien · #**242** Posted **Aug 18, 2021, 10:41 PM**

Saw this last week but forgot about it.

ATL is ranked 6th best city for owning an EV in the US. Low electrical cost is a big plus at <10¢ per kWh (article inaccurately called this an eGallon). God only knows what will happen when we have to pay for that nearly (will likely surpass) $30,000,000,000 turd of a super boondoggle (damn South Carolina was SMART to cut their loss at $9 billion) that will probably never produce any electricity. But for now we are low priced.

Also currently we have almost 40k EVs in the metro area. This despite the convenience store lobby buying the legislators to remove the tax credit.

https://urbanize.city/atlanta/post/electric-vehicle-best-city-ownership-georgia-california

Libertarian · #**243** Posted **Aug 25, 2021, 12:31 AM**

the office market

Terminus · #**244** Posted **Aug 25, 2021, 1:41 PM**

Quote:

Originally Posted by Libertarian

the office market

Good. I've always hated the concept of the office tower/office campus. I hope we see their conversion to other uses and a liberalization of zoning policies so people can easily run small businesses out of their homes.

The emerging trend in apartments are beefed up business centers where you can meet with clients, colleagues, etc. I imagine that we will soon see a model where co-working operators sub-lease 10k to 20k from complex owners.

newuserbuckhead · #**245** Posted **Aug 27, 2021, 2:47 PM**

Quote:

Originally Posted by Terminus

Good. I've always hated the concept of the office tower/office campus. I hope we see their conversion to other uses and a liberalization of zoning policies so people can easily run small businesses out of their homes.

The emerging trend in apartments are beefed up business centers where you can meet with clients, colleagues, etc. I imagine that we will soon see a model where co-working operators sub-lease 10k to 20k from complex owners.

We're already seeing that trend. Most new multi-family projects, specifically urban towers and midrise buildings, not so much garden style surface parking lot developments, are building in co-working spaces to the buildings. What I'm seeing in my company is this being an amenity for residents only and managed by the property management company for the apartments. I could easily see more projects where the co-working spaces are run by WeWorks and the like and rent includes free entry or reduced fee entry. Time will tell what that trend looks like. Hanover's tower on Peachtree in Midtown could be a model going forward.

Terminus · #**246** Posted **Aug 27, 2021, 3:44 PM**

Quote:

Originally Posted by newuserbuckhead

We're already seeing that trend. Most new multi-family projects, specifically urban towers and midrise buildings, not so much garden style surface parking lot developments, are building in co-working spaces to the buildings. What I'm seeing in my company is this being an amenity for residents only and managed by the property management company for the apartments. I could easily see more projects where the co-working spaces are run by WeWorks and the like and rent includes free entry or reduced fee entry. Time will tell what that trend looks like. Hanover's tower on Peachtree in Midtown could be a model going forward.

Exactly, that's why I used the word "emerging." That implies it has started happening

Libertarian · #**247** Posted **Sep 7, 2021, 3:06 AM**

Metropolitan growth: 2020 census

SteveD · #**248** Posted **Sep 7, 2021, 1:24 PM**

Quote:

Originally Posted by Libertarian

Metropolitan growth: 2020 census

Interesting. The narrative accompanying that table is frustrating in that they go into fairly detailed discussions about every metro above Atlanta then conveniently skip over Atlanta to go on a discuss several metros smaller than Atlanta. All while Atlanta had the 4th largest numerical growth in the country. The fact that over the next decade Atlanta is poised to leapfrog both Miami and Philadelphia to go from 9 to 7 isn't mentioned. Hell, it could even leapfrog DC to go from 9 to 6. New Geography didn't find that interesting, I guess.

Libertarian · #**249** Posted **Sep 7, 2021, 1:45 PM**

There does seem a slight bias among certain intelligentsia to "skip over" or ignore Atlanta in discussions and articles, implying we're a second class city, not worthy.

jpk1292000 · #**250** Posted **Sep 7, 2021, 2:35 PM**

Quote:

Originally Posted by Libertarian

There does seem a slight bias among certain intelligentsia to "skip over" or ignore Atlanta in discussions and articles, implying we're a second class city, not worthy.

Agreed. I've noticed this as well. I've notice this from intelligentsia in Boston, in particular, as Atlanta's growth runs circles around their city.

newuserbuckhead · #**251** Posted **Sep 17, 2021, 2:28 PM**

How luxury apartment buildings help low-income renters

Libertarian · #**252** Posted **Sep 17, 2021, 7:47 PM**

Them Finnish economists are on to something. Competition makes more beds, with more beds supplied the demand curve makes lower prices. That's the beauty of a free market. Government-supported cartels (whether capitalist or socialist) do long term damage and are not a free market.

Atlanta United · #**253** Posted **Sep 19, 2021, 5:26 PM**

Very interesting. We've all seen how not building enough causes rents to rise. Interesting to see the data similar in Finland and the US.

Street Advocate · #**254** Posted **Sep 30, 2021, 11:55 AM**

Cisco going to the CODA building and VISA to the old Norfolk Southern building, both in Midtown. Jobs jobs jobs.

newuserbuckhead · #**255** Posted **Sep 30, 2021, 12:45 PM**

Housing Built vs Jobs Created

Atlanta did better than I expected, or about as good as I expected. For every one unit of housing built in Metro Atlanta, we created 1.63 new jobs; 2008-2019.

With the news of Visa and Cisco, which is great news, I often wonder where those new employees will live. It reminds me of when Georgia Pacific announced the renovation of their tower in Downtown which would result in 600 new/relocated jobs that pay, on average, $100,000. I wish the announcement of Cisco and Visa had details and the average salary of those new people, as that would help shed light on number of things (including housing costs).

Libertarian · #**256** Posted **Sep 30, 2021, 2:39 PM**

Georgia needs more good paying blue collar jobs in emerging and growing semiconductor fabs etc. Texas and noncoastal western states are currently the preferred locations. Also, Foxconn just bought a former vehicle assembly plant in Ohio and will convert into a fab. Maybe would help to eliminate the Georgia income tax...given the state is now running a $1.5B surplus. Right now in terms of new jobs, Texas and Arizona are running circles around us. On the other hand there's something to be said for not further degrading our existing environment and quality of life.

OTPandProud1974 · #**257** Posted **Sep 30, 2021, 6:32 PM**

I'll just leave this here for y'all to absorb... https://www.bisnow.com/atlanta/news/offi...ns-at-dunwoodys-state-farm-campus-110382

Libertarian · #**258** Posted **Sep 30, 2021, 8:16 PM**

Georgia with its state income tax nonetheless can often be competitive with no income tax Texas, Tennessee, and Florida when companies look to locate white collar workers performing below the line back office overhead services because multistate tax allocation rules make it easier to claim these types are related to cost centers, not tax heavy profit centers. Blue collar work is more often connected with above the line profit centers and are more susceptible to income allocation, so with those blue collar jobs and also white collar personal services that are directly billed to customers, there is an advantage to being in a no tax or low tax jurisdiction. Georgia is in the mid range of income tax rates, not Texas but also not California.

Brave · #**259** Posted **Nov 22, 2021, 8:27 PM**

Quote:

Originally Posted by OTPandProud1974

I'll just leave this here for y'all to absorb... https://margex.com/trading-interface-overview

Thanks for sharing

smArTaLlone · #**260** Posted **Dec 6, 2021, 7:38 PM**

https://www.bizjournals.com/atlanta/news...cx_testVariant=cx_3&cx_artPos=1#cxrecs_s

Quote:

Micron Technology Inc., a global manufacturer of computer memory and data storage hardware, is bringing up to 500 jobs to Atlanta with its new design center, according to a Dec. 6 news release.

The 93,000-square-foot Atlanta Design Center will open in January 2022 in Midtown, home to the Technology Square innovation district created by the Georgia Institute of Technology. That district brings together university, startup and corporate resources and has attracted thousands of technology jobs in the past year.