Metro Atlanta in the 2020s - Prediction Thread (Columbus, Perry: employment, living)

[bu2]

Originally Posted by back2atl

Bill Gates: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.”

I really do think MARTA rail expansion will be approved in next 10 years for north 75 and 400 corridors. Not active/built, mind you, but approved.

There was an ATT exec in the 90s that said something similar (sometime before he lost his job), "Change will come slower than we expect, but when it occurs it will be more profound than we can imagine."

[Sualpine]

Both city and state start to lose high end income because tech companies either abandon or decline to invest based on lack of infrastructure and desired walkability/lifestyles. Retiring boomers leave the state and millennial money fails to fully compensate. City and state panic and start to make much needed investment that's too late. Charlotte and Nashville overtake as more important tech hubs. Population growth flatlines and eventually starts to decline. Crime skyrockets. Atlanta slowly slides in all aspects of desirability.

[Born 2 Roll]

Originally Posted by Sualpine

Both city and state start to lose high end income because tech companies either abandon or decline to invest based on lack of infrastructure and desired walkability/lifestyles. Retiring boomers leave the state and millennial money fails to fully compensate. City and state panic and start to make much needed investment that's too late. Charlotte and Nashville overtake as more important tech hubs. Population growth flatlines and eventually starts to decline. Crime skyrockets. Atlanta slowly slides in all aspects of desirability.

Lol... Your comments seem to sound a lot more like personal wishes than predictions.

As for some of my own predictions for Atlanta in the 2020's...

> I predict that metro Atlanta will continue to be and grow as a mega-hub for television and film production activity that is second only to Los Angeles and Southern California.

I think that the opening and the operation of Tyler Perry's massive production studio in Southwest Atlanta will help keep metro Atlanta on and near the top of the TV/Film production industry, even with the significant concerns of outside investors over controversial political/cultural/social moves at the state level.

I think that the buzz that is generated by the opening, operation and growth of the Tyler Perry and the willingness of a massive figure like Tyler Perry himself to personally invest and spur others to invest large sums of investment capital likely helps offset a great deal of the trepidation by outside investors and talent who might otherwise be hesitant about doing business in metro Atlanta because of controversial political/social/cultural moves at the state level.

> I also think that the new Tyler Perry Studio facility will over the long-term help to generate increased economic activity in the part of Southwest Atlanta that is near the studio complex, particularly in the areas immediately around the Lakewood-Fort McPherson and Oakland City Transit stations.

> I also think that metro Atlanta's status as the largest hub of TV/Film production outside of Southern California (along with Atlanta's very centralized location relative to the Southeastern U.S. and the presence of a massive transportation facility like Hartsfield-Jackson Airport) will help Atlanta and North Georgia continue to recruit businesses and corporations to relocate their operations to the area, despite issues with and concerns about traffic congestion.

[USARoadTrip]

Atlanta will continue to grow and will be among the top 5 growing Metros in the country. Atlanta will have competition from Nashville, Charlotte, Raleigh but they are not truly the big 10 metros, these cities don't offer that big diverse metro area feel..Irrespective of competition Atlanta has enough momentum to keep growing- great Airport, Georgia Tech, CDC, FinTech, Movie/Film industry, Diverse population, great weather, reasonable cost of living..

[markjames68]

Originally Posted by Born 2 Roll

Lol... Your comments seem to sound a lot more like personal wishes than predictions.

As for some of my own predictions for Atlanta in the 2020's...

> I predict that metro Atlanta will continue to be and grow as a mega-hub for television and film production activity that is second only to Los Angeles and Southern California.

I think that the opening and the operation of Tyler Perry's massive production studio in Southwest Atlanta will help keep metro Atlanta on and near the top of the TV/Film production industry, even with the significant concerns of outside investors over controversial political/cultural/social moves at the state level.

I think that the buzz that is generated by the opening, operation and growth of the Tyler Perry and the willingness of a massive figure like Tyler Perry himself to personally invest and spur others to invest large sums of investment capital likely helps offset a great deal of the trepidation by outside investors and talent who might otherwise be hesitant about doing business in metro Atlanta because of controversial political/social/cultural moves at the state level.

> I also think that the new Tyler Perry Studio facility will over the long-term help to generate increased economic activity in the part of Southwest Atlanta that is near the studio complex, particularly in the areas immediately around the Lakewood-Fort McPherson and Oakland City Transit stations.

> I also think that metro Atlanta's status as the largest hub of TV/Film production outside of Southern California (along with Atlanta's very centralized location relative to the Southeastern U.S. and the presence of a massive transportation facility like Hartsfield-Jackson Airport) will help Atlanta and North Georgia continue to recruit businesses and corporations to relocate their operations to the area, despite issues with and concerns about traffic congestion.

An anecdote about growth in older segments - I was speaking with an agent for a builder in North Fulton and Cherokee and she said that around 50% of their new sales now are to empty nesters. ~3000 sq ft master on main homes selling for $500-700K.

So not everyone is leaving after retiring or downsizing.

I also don’t see tech companies “abandoning” the Atlanta metro over the next 10 years.

[citidata18]

Originally Posted by markjames68

An anecdote about growth in older segments - I was speaking with an agent for a builder in North Fulton and Cherokee and she said that around 50% of their new sales now are to empty nesters. ~3000 sq ft master on main homes selling for $500-700K.

So not everyone is leaving after retiring or downsizing.

While Georgia has an income tax, it has considerably lower porperty taxes compared to zero-income tax states, which still makes it a competitive destination for retirees.

[back2atl]

I’ll add another: Explosive growth as a tech startup / entrepreneur hub.

The pieces are in place now, with all that’s happening at Tech Village and in Alpharetta. If the 2010s were the decade of film industry growth in Atlanta, I think the 2020s will be the decade of tech entrepreneur explosion.

[markjames68]

Originally Posted by back2atl

I’ll add another: Explosive growth as a tech startup / entrepreneur hub.

The pieces are in place now, with all that’s happening at Tech Village and in Alpharetta. If the 2010s were the decade of film industry growth in Atlanta, I think the 2020s will be the decade of tech entrepreneur explosion.

My fingers are crossed that this will happen. A lot of FinTech startups already, would be good to see it hit critical mass.

[SEAandATL]

Originally Posted by Sualpine

Both city and state start to lose high end income because tech companies either abandon or decline to invest based on lack of infrastructure and desired walkability/lifestyles. Retiring boomers leave the state and millennial money fails to fully compensate. City and state panic and start to make much needed investment that's too late. Charlotte and Nashville overtake as more important tech hubs. Population growth flatlines and eventually starts to decline. Crime skyrockets. Atlanta slowly slides in all aspects of desirability.

So basically Atlanta will become like Detroit, while Charlotte and Nashville become like Chicago and MPLS?

[markjames68]

Interesting graphic from the Brookings Institute - while not the highest growth like San Francisco or Boston, the Atlanta metro is one of the larger ones gaining in tech innovation. Most of the Northeast is losing these jobs.

https://cdn.vox-cdn.com/thumbor/lFZW...438613/Map.png