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Old 02-27-2015, 07:34 AM
 
Location: O4W
3,744 posts, read 3,533,166 times
Reputation: 2045

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Quote:
Originally Posted by Gulch View Post
Part of the problem is that a lot of the parking lot owners in the area are waiting for a enormous payday for their properties, particularly around the Garnett MARTA station.
Yeah I think the new UA will help this area the most. There are a few little restaurants around here but for the most part if we want more options we have to walk to the CNN center. Most of the gov workers just bring their lunch with them or they eat at the cafeteria in their building. Its still a lot of homeless people around. This area just needs that one big project to set things off. People would live here regardless but it needs to offer more than Magic City and Garnett Marta station lol. If that developer succeeds with UA it will help the entire area all the way to Garnett Station .
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Old 02-27-2015, 07:39 AM
 
2,092 posts, read 2,559,578 times
Reputation: 1085
Quote:
Originally Posted by Ha-Mez View Post
I went to the meeting. The two gentlemen who led the meeting were both very nice and very passionate about Atlanta and South Downtown.

A few key notes-

South Downtown has just 500 residents and the occupancy rate is actually very high. There's just not a lot of residential in the area, which is dominated by government buildings, boutiques that close in the early evening, and parking lots.

WRS, the South Carolina-based builders of the property, were not able to send a representative to the meeting. Apparently, WRS were the only building company to submit a bid to buy Underground. WRS' other projects are mostly suburban-style strip malls with everybody's favorite retailer, Wal-Mart. It's puzzling to me and others as to why this particular firm is so interested in Underground.

Check out the org's website, southdowntown.org, and fill out their survey. This could go a long way to helping redefine the historic neighborhood.

P.S. The lonely 1-block walk up Peachtree Street from MLK to Five Points Station after the meeting tonight was terrifying. It's completely empty.
Thanks for attending the meeting and providing this feedback.
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Old 02-27-2015, 07:43 AM
 
2,676 posts, read 5,073,272 times
Reputation: 915
because a limited amount of rentals are full doesn't mean that a high end highrise would do well. Do you really think today as the area stands luxury apartments would rent at the prices a developer needs to get to support building a new highrise.


Quote:
Originally Posted by Gulch View Post
Part of the problem is that a lot of the parking lot owners in the area are waiting for a enormous payday for their properties, particularly around the Garnett MARTA station.
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Old 02-27-2015, 07:59 AM
 
Location: NW Atlanta
4,998 posts, read 3,478,185 times
Reputation: 2647
Quote:
Originally Posted by noah View Post
because a limited amount of rentals are full doesn't mean that a high end highrise would do well. Do you really think today as the area stands luxury apartments would rent at the prices a developer needs to get to support building a new highrise.
No, which is why residential mid-rise construction of 5-10 stories would probably be more appropriate for that area.
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Old 02-27-2015, 08:07 AM
 
209 posts, read 203,599 times
Reputation: 268
Quote:
Originally Posted by afdinatl View Post
Sounds like a waste of a meeting.
They served cheese. Not a waste by any means.
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Old 02-27-2015, 10:15 AM
 
Location: Kirkwood
22,157 posts, read 16,157,856 times
Reputation: 4894
Quote:
Originally Posted by JPD View Post
Are you referring to just Kenny's Alley, or Underground as a whole? It's hard to tell in the context of your original comment and the quote you were responding to. I don't see any reason why they'd need to change the name of Kenny's Alley, but I agree this new complex should not be called Underground Atlanta.
The new development needs to separate itself from the old.
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Old 02-27-2015, 10:29 AM
 
Location: East Atlanta
454 posts, read 426,422 times
Reputation: 423
I think the name Underground Atlanta should stay, but only for the actual "underground" part of it where all the history is. They can call the rest whatever they want as far as I'm concerned. If they're putting new high rise buildings on top of the land they bought, they can name them as they please. It's good to know more people will be living right there finally. JUST BUILD IT!!
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