ATLANTA
The Facts on Atlanta SOUTHEAST REGION OF THE U.S.
ATLANTA
• Leading market for economic growth in the United States. • Population of 55 million with an increase of 7.7 million people in the last 10 years • 7th largest economy (GDP) in the world at $2.2 trillion. • 24.9 million workers • Over $720 billion in retail sales
• Population of 5.3 million • 8th largest U.S. Population Center and fastest growing) • Almost $100 billion in annual retail sales • Considered the economic engine of the Southeast • #1 in the world in Air Passenger Traffic • 4th largest Fortune 500 headquarters concentration in the U.S. • Atlanta would rank 31st in the world in terms of GDP - $257 billion • Home to over 40 world-class universities and research institutions • Among the three top distribution centers in the U.S. (along with Dallas & Chicago)
Atlanta has become the hot new destination for the up and coming companies and the talent they need. Atlanta ranks as the fastest growing Major City in the U.S. for young professionals aged 25-34 (the most coveted demographic in the nation). These young professionals are called the “Young & Restless�.
TRANSPORTATION PLANES - (Hartsfield - Jackson Atlanta International Airport) • Over 80 percent of the U.S. consumer market is accessible via a 2-hour flight • Direct access to over 170 U.S cities and over 90 international destinations in 55 countries • #1 in the world in passenger volume (over 90 million) • Undergoing $6 billion (plus) expansion TRAINS • Rail center of the South and one of the five most important distribution centers in the U.S • One of the largest inland ports in the world AUTO • Three major interstate highways service Atlanta (I-75, I-85, I-20)
CULTURE • 64 state parks, histroic sites & lakes • Home to world class concert venues, museums & aquariums • Elite shopping and restaurants • Multiple festivals & active communities representing sophistication and culture • 100 beautiful golf sites • Home of the Atlanta Lawn Tennis Association (ALTA) • International attractions: Variety Playhouse Zoo Atlanta Georgia Aquarium Martin Luther King, Jr. Center World of Coca-Cola Carter Center & Presidential Library Georgia World Congress Center CNN Center Centennial Olympic Park Turner Field Underground Atlanta Philips Arena The Fox Theatre Piedmont Park Woodruff Arts Center The Tabernacle Atlanta Atlanta Botanical Garden Hammonds House Museum
AN AFFORDABLE PLACE TO LIVE
Source: ACCRA Cost of Living Index, Qtr 1, 2009
AN AFFORDABLE PLACE TO DO BUSINESS
Source: KPMG’s 2008 Competitive Alternative Study, “Guide to Int’l Business Locations”
BUCKHEAD
“You don’t need Tom Wolfe to tell you that the Buckhead section of Atlanta is the jewel of the city, an area of gracious homes, elegant hotels and shopping centers, as well as some of the best restaurants.” – Florence Fabricant, New York Times
“Buckhead is the shopping mecca of the Southeast, with more than 1,400 retail units and in excess of $1 billion a year in sales. Forty percent of Buckhead’s shoppers come from more than 100 miles away.” – Atlanta Business Chronicle
The Robb Report rated Buckhead one of the USA’s 10 “Top Affluent Communities” for “some of the most beautiful mansions, best shopping and finest restaurants in the southeastern United States.”
Steve Palm of Smart Numbers, a real estate tracking firm, says, “Appreciation is getting out of control. Atlanta is going nuts. The people who want to live in Buckhead will pay anything.” - The Atlanta Journal-Constitution
ELITE
DEMOGRAPHIC OVERVIEW 1 mile
3 mile
5 mile
2010 Est. Population
17,831
121,244
305,982
2015 Projected Population
20,221
135,233
334,040
Pop. Growth 2010-2015
13.4%
11.54%
9.17%
Est. Avg. Age
42.41
39.48
37.07
2010 Est. Households
9,845
59,390
140,490
2015 Projected Households
10,998
65,553
152,739
Household Growth 2010-2015
11.71%
10.38%
8.72%
2010 Est. Avg. Household Income
$140,717
$124,633
$110,825
2015 Prj Avg. Household Income
$154,122
$134,986
$120,522
“Despite the highest real estate costs in metro Atlanta, businesses are so bewitched by Buckhead that the vacancy rates are the lowest in the region, if not nationwide.�
-- Atlanta Business Chronicle
VISION
Approximate Gross Leasable Areas Retail Bldg A - 115,000sf Bldg B - 40,500sf Bldg C - 95,000sf Bldg E - 12,000sf Bldg F - 49,000sf
Office Residential Bldg A - 38,000sf Bldg C - Levels 7-20 370 units Bldg C - 13,000sf
Total (minus parking and service): 753,000 sf
Parcel C - South Elevation Along Buckhead Avenue
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Parcel C - South Elevation Along Buckhead Avenue
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Parcel C - South Elevation Along Buckhead Avenue
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Parcel B - South Elevation Along Buckhead Avenue
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Parcel C - East Elevation Along North Fulton Drive
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Parcel C - North Elevation Along East Paces Ferry Road
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Parcel A - North Elevation Along Buckhead Avenue
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Parcel A - North Elevation Along Buckhead Avenue
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Parcel A - North Elevation Along Buckhead Avenue
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Parcel F - West Elevation Along Bolling Way
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Parcel F - West Elevation Along Bolling Way
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Parcel A - South Elevation Along Pharr Road
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Parcel A - North Elevation Along Courtyard
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Parcel C - North Elevation Along Driveway
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Parcel C - West Elevation Along Bolling Way
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Parcel C - West Elevation Along Bolling Way
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Parcel B - West Elevation Along Peachtree Road
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Parcel B - West Elevation Along Peachtree Road
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Parcel A - West Elevation Along Peachtree Road
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Parcel B - East Elevation Along Bolling Way
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Parcel B - East Elevation Along Bolling Way
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& ELEGANCE |
Defined