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  #16481  
Old Posted Dec 11, 2015, 5:43 AM
RocketSurgeon RocketSurgeon is offline
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DRC requirements and planning for the future have given Midtown more retail space than it can support, but that will change as new residential projects open. There will probably be some vacancies in prime areas for a little while, though. Those buildings are already generating revenue on the other 30+ floors, so why not hold out for a better market instead of signing a tenant at a low rate. Retail leases have long terms so waiting can pay off. The Atlantic has never had a tenant and they don't seem bothered by it.
     
     
  #16482  
Old Posted Dec 11, 2015, 6:16 AM
Ant131531 Ant131531 is offline
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Honestly, a lot of times, the street level retail is an afterthought in projects. Cheap enough just to make the requirements so it doesn't cost much to maintain even though they're empty.

The most successful mixed used retail development in Atlanta over the last 3 or so years is easily Inman Quarter(not including massive scale projects like PCM or Avalon or Buckhead Atlanta). I'm shocked at how much of their retail space is being used and the wide range of different stores and restaurants.
     
     
  #16483  
Old Posted Dec 11, 2015, 3:04 PM
AtlantaG8R AtlantaG8R is offline
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Quote:
Originally Posted by micropundit View Post


The Atlanta City Council has approved a new Streetcar System Plan, which includes five crosstown routes in addition to 22 miles of streetcar service along the Beltline.
http://commuting.blog.ajc.com/2015/12/09/atlanta-approves-streetcar-expansion-plan/
I would like to hear people's views as to why streetcar service makes sense over bus service in a shared road environment. I think doing this around the Beltine where its not sitting in traffic definitely makes sense, but I have a hard time understanding spending this much money to put tracks on existing roads.
     
     
  #16484  
Old Posted Dec 11, 2015, 3:05 PM
MdtwnATL MdtwnATL is offline
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Quote:
Originally Posted by RocketSurgeon View Post
DRC requirements and planning for the future have given Midtown more retail space than it can support, but that will change as new residential projects open. There will probably be some vacancies in prime areas for a little while, though. Those buildings are already generating revenue on the other 30+ floors, so why not hold out for a better market instead of signing a tenant at a low rate. Retail leases have long terms so waiting can pay off. The Atlantic has never had a tenant and they don't seem bothered by it.
Well, I would say it's a "chicken or the egg" kind of question. If you have all of these buildings with empty retail around Midtown, then how do you get folks out on the streets spending money, giving new retail tenants reason to invest in the neigborhood?

Why don't these developers just court the very specific types of retailers they want and offer up great deals to move in, then raise the rent over time? Additionally, I believe the trick is to get several tenents in at once- no one was going to take a special trip into Midtown JUST to go to CB2. It was on an island alone.
     
     
  #16485  
Old Posted Dec 11, 2015, 3:34 PM
ATLSkyPalaceOwner ATLSkyPalaceOwner is offline
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Originally Posted by shivtim View Post
Some progress for the proposed 18-story Hampton Inn at 1231 W.Peachtree in Midtown. They filed today for a permit to demolish the existing 1-story building.

Is this one on the devmap? I can't find it. It looks like this one is actually happening ... I swear this is another project that I didn't hear much about, just snuck under the radar, and BAM! it's about to be built. Midtown has too many projects for a simple man like me to keep track of. A good problem to have.

EDIT: Never mind, found it on the devmap. I was looking too far south.
     
     
  #16486  
Old Posted Dec 11, 2015, 3:39 PM
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ATLmangum ATLmangum is offline
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Great news about the Hampton, the area around Arts Center Marta will finally have some activity.
     
     
  #16487  
Old Posted Dec 11, 2015, 6:08 PM
arctk2014 arctk2014 is offline
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Originally Posted by AtlantaG8R View Post
I would like to hear people's views as to why streetcar service makes sense over bus service in a shared road environment. I think doing this around the Beltine where its not sitting in traffic definitely makes sense, but I have a hard time understanding spending this much money to put tracks on existing roads.

The streetcar design downtown is flawed because of lack of infrastructure to have separate lanes and the lack of funding to properly coordinate the lights for streetcar priority (supposedly this is still in the works since the last time they were all synchronized was before the Olympics - and much of that infrastructure was destroyed through decades of utility work/streetcar construction.) Hinging the future success of streetcar transit should rely more on better multi-modal street design rather than assuming the routes will be just like that downtown.

I think if the designs could be shown to be dedicated (or even mostly dedicated) transit ROWs along these routes the public would be more supportive. It works relatively well in downtown Long Beach. North Avenue could become more like an avenue - especially east of the Connector where much of the lanes are superfluous from Peachtree to Ponce City Market.



But most of the routes proposed present opportunities to re-design the thoroughfares that can and should work for multimodal use.

Most people should acknowledge that the BeltLine routes are hands-down not comparable to the success/failures of the downtown streetcar line considering they will be obviously in a dedicated ROW.

As far as bus service there's not only a stigma against riding the bus but there's a lack of permanence - the bus routes change yearly and aren't that reliable in the long-term as an incentive/investment for developers.

The streetcars (or transit for that matter) aren't meant to resolve traffic congestion - in fact transit relies on congestion through induced demand. The wider you build roads the more traffic there is - it's about tackling the issue of traffic/congestion by providing transit/transportation alternatives rather than solutions.
     
     
  #16488  
Old Posted Dec 11, 2015, 6:16 PM
jpk1292000 jpk1292000 is offline
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streetcar lines

^^^What he said.
     
     
  #16489  
Old Posted Dec 11, 2015, 6:25 PM
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Is there enough ROW on the Beltline to allow for walking, bikes, and streetcars together?
     
     
  #16490  
Old Posted Dec 11, 2015, 7:00 PM
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Originally Posted by Libertarian View Post
Is there enough ROW on the Beltline to allow for walking, bikes, and streetcars together?
Yes.
     
     
  #16491  
Old Posted Dec 11, 2015, 7:03 PM
GeorgiaPeanuts GeorgiaPeanuts is offline
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Another article about 16th Station with additional renders:

http://atlanta.curbed.com/archives/2015/12/11/boutique-offices-planned-midtown-corner.php
     
     
  #16492  
Old Posted Dec 12, 2015, 12:44 AM
arjay57 arjay57 is offline
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Sorry if this has already been mentioned. This gentleman from Texas says he's thinking about building two tall buildings in Atlanta.

Quote:
Kevin [Wisdom of Austin-based Aspen Heights Partners] won't disclose the specific location yet, but the pure play apartment project is projected to be one of two in the intown Metro area. “I think we'll consider two in Atlanta at this point in time,” Kevin says. While design on the Atlanta project was not released, the firm recently announced plans for a 58-story high-rise in Austin—the tallest building west of the Mississippi River—called The Independent (here).

More...BREAKING: TEXAS DEVELOPER ENTERING ATL MARKET WITH HIGH-RISE APARTMENTS
     
     
  #16493  
Old Posted Dec 12, 2015, 2:17 AM
Ant131531 Ant131531 is offline
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Anyone know any lots recently under contract in Midtown Atlanta where nothing has been proposed yet? I'm thinking it's probably Buckhead, but will be pleasantly surprised if it's Midtown.

Last edited by Ant131531; Dec 12, 2015 at 2:51 AM.
     
     
  #16494  
Old Posted Dec 12, 2015, 1:05 PM
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Apparently fact-checking isn't a thing at Bisnow.

While design on the Atlanta project was not released, the firm recently announced plans for a 58-story high-rise in Austin—the tallest building west of the Mississippi River—called The Independent (here).
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  #16495  
Old Posted Dec 12, 2015, 1:27 PM
clexmond clexmond is offline
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Looks like Buckhead will continue to keep their heads in the sand: http://commuting.blog.ajc.com/2015/12/11/its-official-peachtree-road-bike-lanes-plan-is-dead/
     
     
  #16496  
Old Posted Dec 12, 2015, 4:09 PM
arjay57 arjay57 is offline
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Originally Posted by clexmond View Post
Looks like Buckhead will continue to keep their heads in the sand: http://commuting.blog.ajc.com/2015/12/11/its-official-peachtree-road-bike-lanes-plan-is-dead/
How if at all will this affect our chances of getting bike lanes on Peachtree in Midtown?
     
     
  #16497  
Old Posted Dec 12, 2015, 4:33 PM
GTdan GTdan is offline
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Sidewalks are being poured at the Seventh Midtown condos! It's about time some of these sidewalks start to open back up.
     
     
  #16498  
Old Posted Dec 12, 2015, 5:01 PM
Ant131531 Ant131531 is offline
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Originally Posted by arjay57 View Post
How if at all will this affect our chances of getting bike lanes on Peachtree in Midtown?
Bike lanes are a bad idea on Peachtree in Midtown honestly. The street is too small especially considering it's supposed to be the most important street in Atlanta. I think Juniper is more suited for bike lanes. It should probably turned into a two lane street as well.
     
     
  #16499  
Old Posted Dec 12, 2015, 5:09 PM
GTdan GTdan is offline
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Originally Posted by Ant131531 View Post
Bike lanes are a bad idea on Peachtree in Midtown honestly. The street is too small especially considering it's supposed to be the most important street in Atlanta. I think Juniper is more suited for bike lanes. It should probably turned into a two lane street as well.
They are adding a bike lane on Juniper next year. They will be removing a couple of lanes in order to widen the sidewalks and provide a buffered bike lane. Here's some more information on this:

http://www.midtownatl.com/_files/docs/project_description_juniper.pdf
     
     
  #16500  
Old Posted Dec 12, 2015, 8:11 PM
RocketSurgeon RocketSurgeon is offline
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Originally Posted by MdtwnATL View Post
Well, I would say it's a "chicken or the egg" kind of question. If you have all of these buildings with empty retail around Midtown, then how do you get folks out on the streets spending money, giving new retail tenants reason to invest in the neigborhood?

Why don't these developers just court the very specific types of retailers they want and offer up great deals to move in, then raise the rent over time? Additionally, I believe the trick is to get several tenents in at once- no one was going to take a special trip into Midtown JUST to go to CB2. It was on an island alone.
It's not much of a chicken and egg situation, honestly. People come first every time. No one is going to open a business in an area without enough potential customers and then operate at a loss for years while it becomes more popular, even if the lease was a good deal. You have to either open a big destination like Atlantic Station or wait until the population density is high enough.

There are caps on increases, so landlords can't raise rents much during a lease. Once they sign a low-paying tenant they're stuck with them for awhile, and could lose the chance to attract a higher-value tenant if a wave of them come in when the market picks up. It's a different situation than apartments where turnovers can be annual.

Midtown seems to be hitting critical mass, so give it a couple years. Over the last year many new businesses have opened that couldn't have survived until now. Residents are already well-served and that will only get better. I don't think it will ever be a destination with Atlantic Station around, though.
     
     
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