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JCGSU Offline
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Post: #201
RE: New Falcons/ GSU stadium
(06-21-2014 05:16 PM)GaStPanthers Wrote:  I'm pretty sure there will be some Georgia State owned (or state owned) dorms. Here is the full proposal:

http://www.11alive.com/assetpool/documen...-05-05.pdf

Of course, things change as more due diligence is done and you move closer to fruition.

JC, this area has been deprived for years: http://homer.gsu.edu/blogs/library/2013/...map-essay/ and disconnected from the rest of Atlanta by I-20 and the Downtown Connector. Unlike other areas that have gone through a rejuvenation in the City, this area is isolated (see the comments from the Tech professor here: http://clatl.com/atlanta/how-to-replace-...id=9746181)

I don't know what your experience is in urban development (are you the Southern fan who has some experience in real estate/appraisal work?), but there is more to this project than tax rolls and state revenue. Of course that is going to be most important to the the city/state*, but the city/state also know that in order to really get any real return on investment in the property - that is spur ancillary development of the areas surrounding the 77 or so acres - which will help those tax rolls, this project must overcome the disconnectedness and isolation that has characterized this area for decades. What better than to have college kids strolling the sidewalks and visiting the businesses for 10 out of 12 months per year (Jan-May to Aug.-Dec.)? Then when you have that, you add young professional DINKs who want to still live like in their college days (see the Old Fourth Ward crowd on the weekends) and all of a sudden you have the impetus for for the type of ancillary development you've seen grow on the westside of town as a result of the Atlantic Station development.

Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.
06-24-2014 10:08 AM
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Tuscon Offline
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Post: #202
RE: New Falcons/ GSU stadium
(06-23-2014 05:16 PM)dahbeed Wrote:  Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.

So we get an Atlantic Station at Atlantic Station. We get one at City Hall East. Can Atlanta support more of these types of developments? How well is Atlantic Station even doing with regards to residential success?
06-24-2014 10:13 AM
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panama Offline
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Post: #203
RE: New Falcons/ GSU stadium
(06-24-2014 10:08 AM)JCGSU Wrote:  
(06-21-2014 05:16 PM)GaStPanthers Wrote:  I'm pretty sure there will be some Georgia State owned (or state owned) dorms. Here is the full proposal:

http://www.11alive.com/assetpool/documen...-05-05.pdf

Of course, things change as more due diligence is done and you move closer to fruition.

JC, this area has been deprived for years: http://homer.gsu.edu/blogs/library/2013/...map-essay/ and disconnected from the rest of Atlanta by I-20 and the Downtown Connector. Unlike other areas that have gone through a rejuvenation in the City, this area is isolated (see the comments from the Tech professor here: http://clatl.com/atlanta/how-to-replace-...id=9746181)

I don't know what your experience is in urban development (are you the Southern fan who has some experience in real estate/appraisal work?), but there is more to this project than tax rolls and state revenue. Of course that is going to be most important to the the city/state*, but the city/state also know that in order to really get any real return on investment in the property - that is spur ancillary development of the areas surrounding the 77 or so acres - which will help those tax rolls, this project must overcome the disconnectedness and isolation that has characterized this area for decades. What better than to have college kids strolling the sidewalks and visiting the businesses for 10 out of 12 months per year (Jan-May to Aug.-Dec.)? Then when you have that, you add young professional DINKs who want to still live like in their college days (see the Old Fourth Ward crowd on the weekends) and all of a sudden you have the impetus for for the type of ancillary development you've seen grow on the westside of town as a result of the Atlantic Station development.

Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.

The Atlantic Station comparison is not valid. Atlantic Station is adjacent to South Buckhead/Brookwood, Midtown proper and Midtown West/Collier Hills. The attractiveness of the surrounding area was what drove the project to reclaim such a large industrial site. Mind you that the Atlantic Steel yards largely vacant for 2 decades. Again the project will be driven by GSU because it will create the same foot traffic that turned around the Fairlie Poplar district downtown that has gone from a boarded up hell to a nice college neighborhood. There will again be plenty of residential. There will be condos. There will be retail. But the PROMISE of several thousand students in the area 10 months out of the year is what will get the ball rolling. As much as I would like to, you cant just drop an Atlantic Station there because guess what, Atlantic Station was not just "dropped there" either. Before the adjacent areas started their ascent nobody came within a 1000 feet of Atlantic Steel.
06-24-2014 10:22 AM
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panama Offline
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Post: #204
RE: New Falcons/ GSU stadium
(06-24-2014 10:13 AM)Tuscon Wrote:  
(06-23-2014 05:16 PM)dahbeed Wrote:  Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.

So we get an Atlantic Station at Atlantic Station. We get one at City Hall East. Can Atlanta support more of these types of developments? How well is Atlantic Station even doing with regards to residential success?

People only know of the huge developments but their are a dozen smaller developments that are more fitting for the area like Glenwood Park. Atlantic Station is an 150 acre development. Its bigger than any development in the city in modern times. Its a poor comparison. If you see whats going on in Kirkwood or Oakhurst or Edgewood its much more likely that the area will develop that way. A medium sized mixed use development which then drives another one further down the road in Mechanicsville and then University Heights and so on and so on.
06-24-2014 10:26 AM
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Panthersville Offline
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Post: #205
RE: New Falcons/ GSU stadium
(06-24-2014 10:13 AM)Tuscon Wrote:  
(06-23-2014 05:16 PM)dahbeed Wrote:  Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.

So we get an Atlantic Station at Atlantic Station. We get one at City Hall East. Can Atlanta support more of these types of developments? How well is Atlantic Station even doing with regards to residential success?

Atlantic station is also centrally located between midtown, downtown and Buckhead. That is what makes it work. Trying that on the Turner Field property would be a disaster as it would be out on an island.
06-24-2014 10:48 AM
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StanMolsonMan Offline
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Post: #206
RE: New Falcons/ GSU stadium
(06-24-2014 10:48 AM)Panthersville Wrote:  
(06-24-2014 10:13 AM)Tuscon Wrote:  
(06-23-2014 05:16 PM)dahbeed Wrote:  Agreed with what the area needs but why cant a developer just put another Atlantic Station type development there then? This is what some folks with blue tinted glasses does not want to see or hear. I get it, but like I said for every inch of space that is state owned and BOR controlled it is an inch that is not a year round occupied residential space and or tax revenue producing commercial space. That is the non disputable fact you cant overcome. Anything else is just an opinion of what you think might happen. There is nothing special about college students either and despite the fact they are not going to be there during the summer, and every major holiday time, they typically would have less income to spend compared the types of folks that live in the Atlantic Station area and there would be less people in general if you are going to put academic / athletic facilities in place of residential space. So what better than broke seasonal college students? A larger population of the same young professionals that live in Atlantic Station with real paychecks who will patronize the businesses in the area every day of the year. Also, who says just because it is not dorms GaState kids would not live there? I know from appraising Atlantic Station condos from the day the first building was up a good portion of those condos were purchased by parents of GaState and GT students. Any type of mix used development project there would be just as viable and likely produce more revenue and provide more year around jobs than a majority state owned college property with some private sprinkled in. Really if you were a business owner within walking distance from that site do you really want a more people living year around in a private development or fewer broke college kids in dorms and sweat it out the summer months and every holiday break? It will likely happen but still the notion that it is the "best" or only option is way off. Again not pulling against it and I think it is going to be the only way for your students and alumni to really take ownership of football and baseball teams. There is a novelty playing in a NFL facilitiy but it is still not the same. Nice to see your leadership jumping on it so quickly though. Beating a dead horse at this point, good luck, but with the ATL leadership anything is possible.

So we get an Atlantic Station at Atlantic Station. We get one at City Hall East. Can Atlanta support more of these types of developments? How well is Atlantic Station even doing with regards to residential success?

Atlantic station is also centrally located between midtown, downtown and Buckhead. That is what makes it work. Trying that on the Turner Field property would be a disaster as it would be out on an island.

And to that point, Atlantic Station works but not how it was envisioned. Not enough ownership and too much rental residency in the condos and single family homes compared to the original plans.
06-25-2014 01:08 PM
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panama Offline
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Post: #207
RE: New Falcons/ GSU stadium
Again, people say Atlantic Station because it's big and famous and a cultural touch point. There have been better done mixed use developments.
06-26-2014 09:43 AM
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