New Commercial Developments Along The Westside of the Atlanta Beltline
Since the early 2000’s, Atlanta has experienced the rise of mixed-use developments, such as Atlantic Station and more recently, Ponce City Market and Krog Street Market. Each of these developments offer retail, living, and commercial office space – and they’re becoming more and more popular as Atlanta continues to grow.
But the eyes of investors and developers isn’t just looking at Midtown and the east side of Atlanta. As more construction occurs along the Atlanta Beltline’s Westside Trail, more attractive space is popping up from commercial development to revitalized greenspace. It’s no surprise that developers are looking to the Beltline for new development areas, including on the Westside near MARTA’s Bankhead Station (west of the Mercedes-Benz stadium) and Pittsburgh (just south of Georgia State’s football stadium). Recent reports indicate that we can expect recreations of Ponce City Market and Atlantic Station in these areas, offering exciting commercial opportunities for businesses to expand.
Mixed-Use & Commercial Developments on the Rise in the ATL
According to several media sources, the mixed-use projects in areas like Bankhead and Pittsburgh are designed to “fuel entrepreneurship and job creation.” Bankhead and Pittsburgh have long been known as areas in dire need of revitalization, but with an infrastructure to support retail, housing, business parks and multipurpose green spaces.
Many of these developments are already underway. The Pittsburgh Yards off University Avenue has already broken ground and is engaging the local community to improve its plans for development. Pittsburgh Yards – an initiative of the Annie E. Casey Foundation – is set for 31 acres in the Pittsburgh neighborhood, while the two Bankhead developments will cover 17 acres and 18 acres respectively.
Additionally, we can expect to see Atlanta’s largest planned park, Westside Park at Bellwood Quarry, which will utilize an expansive 280-acre plot, moving into a new phase of development very soon.
With Commercial Development Comes Residential Opportunities
As we keep our eyes peeled for the completion of these major projects, the influx of residents is already happening and will continue to follow. Renovated homes in the Pittsburg and Bankhead areas easily sell in the 100’s and 200’s depending on how many beds and baths. If you’re looking for an opportunity to purchase a home in these areas, contact our team to get a list of homes available or homes coming on the market soon.