Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Atlanta BeltLine Boom | Q1 2023 Update

Maija Sunnarborg • 3/24/2023
ATL Beltline Boom


Originally designed to convert an old railroad corridor into a 22-mile pedestrian loop around the City of Atlanta, the BeltLine has transformed into a catalyst of real estate and economic change. The unprecedented growth within the past decade has impacted adjacent office, multifamily, and retail developments. In addition to the commercial impact, the trails seamlessly connect neighborhoods, promote healthy living, and provide streetscapes and greenspace along with public art and entertainment. By its completion in 2030, the BeltLine is expected to attract up to $10 billion in total economic development, 50,000 permanent jobs, and 5,600 affordable housing units.  


The Eastside and Westside Trails have seen substantial adaptive reuse projects that are shaping the micro-markets into the areas that they are today, while also boasting innovative new construction. Major corporations have claimed a presence in new BeltLine locations since the start of 2022 alone including Intuit (MailChimp), WPP Group, JTEC Energy, and Capital One. As demand remains high for office space, the Eastside and Westside Trails have yielded explosive rent growth, increasing 189% and 378% since 2012, respectively.  

Bolstering a live-work-play environment, the Eastside and Westside Trails offer highly amenitized areas with dining, shopping, and entertainment. In turn, the heavily trafficked corridors promote a high quality of life that has attracted an active multifamily pipeline. 

Download the report.

Insights in your Inbox
Subscribe to the latest local market research, insights & analysis from Cushman & Wakefield across the U.S.
Subscribe

Related Insights

ATL-IND-5-Fast-Facts_generic_Q1_2023
Article • Industrial

Atlanta Industrial Five Fast Facts

Read our Five Fast Facts for more insight into the key trends that impacted the Atlanta industrial market during the fourth quarter.
Christa DiLalo • 4/27/2023
Office_ATL_FFF_Generic-Q1-2023
Article • Office

Atlanta Office Five Fast Facts Q1 2023

Read our Five Fast Facts for more insight into the key trends that impacted the Atlanta office market during the fourth quarter.
Christa DiLalo • 4/10/2023
10-Critical-Question-for-2023-web-card
Research • Economy

​​10 Critical Questions for 2023​

10 critical questions we’re asking as we look out at the horizon at 2023. 
Jennifer Edwards • 1/4/2023

Ready to talk?

Our professionals are ready to provide further details on this and many other topics.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS