Quote:
Originally Posted by PremierAtlanta
This is great news. This information just validates the need for all of the residential construction we see going on in the CoA. The ARC is traditionally conservative so I can definitely believe that these numbers are valid. This also clearly shows that the Atlanta region weathered the recession well.
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I still believe they're being conservative with the city of Atlanta's growth. Last annual census estimate had Atlanta grow by about 8k between July 2014 to July 2015, while ARC only had 4.8k growth from April 2014 to April 2015.
When about 6k-7k apartment units are being completed each year with rapid occupancy in the new apartment blocks, that's about 7k-9k growth annually from apartments alone. You still have to consider townhomes and single family homes that are either being built and filled or older ones being filled as areas continue to gentrify. True, the south/west sides may be emptying out, but I feel like that's kind of stopped.
I think the census has been more accurate, but then again, they also thought Atlanta grew by over 100k people between 2000-2010, then come to find out it only grew by 4k so maybe ARC is right to be conservative.