July 26, 2016

MARTA stations becoming magnets for CRE investors, developers

Decatur East

New data from commercial real estate services company Cushman & Wakefield suggests apartment projects closest to existing MARTA stations are showing stronger rent growth and lower vacancies than the overall market in both in town and suburban areas. The average rent premium of apartment units near the transit stations is 9.8 percent. Office properties are also benefiting, though seeing less dramatic rent premiums of nearly 1 percent. Vacancy rates were also generally falling at properties closest to the MARTA stations, according to Cushman & Wakefield…

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Source: Curbed: Atlanta >>

January 29, 2016

Here Now, New Visuals for 4 MARTA Transit Developments

Decatur East, Edgewood/Candler Park

MARTA has launched a new website called coUrbanize to allow Atlantans to track the progress of the new transit-oriented developments (TODs) envisioned across the system. At the moment, four stations have concrete plans for massive new mixed-use developments. Parking lots and vacant land around Avondale, Brookhaven, Chamblee and Edgewood/Candler Park stations will gain offices, retail, residential, civic buildings and even park space. The Edgewood/Candler Park project is expected to break ground first; Columbia Ventures filed for permits last fall to start building along La France Street…

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Source: Curbed: Atlanta >>

January 29, 2016

$80 million project will rise at Avondale MARTA station

Decatur East

An $80 million mixed-use project is set to break ground beside the Avondale MARTA station — one of several transit-oriented developments MARTA looks to kick off this year.

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Source: Atlanta Business Chronicle >>

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MARTA stations becoming magnets for CRE investors, developers

Here Now, New Visuals for 4 MARTA Transit Developments

$80 million project will rise at Avondale MARTA station