If you know people in New York, San Francisco, Boston or D.C., you've probably had some form of the "I can't believe how cheap it is to live in Atlanta" conversation.
The antebellum home—which now sits on a half-acre lot—retains many of its original features. The two front rooms are drenched with natural light from the floor-to-ceiling triple-hung windows, which once provided access to the deep front porch. Most of the original, wide-plank heart pine floors are intact throughout the 4-bedroom, 2.5-bathroom main house, which also boasts 4 fireplaces.
Eighteen years after its founding, Dad’s Garage Theatre will soon be leaving its familiar Inman Park industrial-building home—but not by choice. In fact, the entire 3.4-acre, arrowhead-shaped parcel at Elizabeth Street and North Highland and Lake avenues—a site that also contains the popular Victory Sandwich Bar and several other businesses—is to be leveled to make room for a $45 million apartment and retail complex.
During a tour of Alpharetta’s mixed-used/mini-city/outdoor mall development Avalon on Tuesday, the property’s developer Mark Toro commented they had just inked a lease for a two-bedroom, 1,728-square-foot. apartment for $5,070 a month. For reference, that same rent will get you a three-bedroom, 2,000-square-foot apartment at the Atlantic Midtown in Atlantic Station, the intown version of Avalon that Toro’s company manages. And there’s nothing in that price range at the highly anticipated Flats at Ponce City Market, where rental rates top out at $3,425 for a three-bedroom.
So, according to the numbers-crunchers at Forbes, metro Atlanta is the sixteenth most miserable city in the country. Civic boosters should probably be thankful that the magazine dropped two of its misfortune indicators—pro sports and political corruption.
This European-style estate, designed by noted architect Norman Askins, was a labor of love by homeowners and veteran antique dealers Jim and Jacqueline Adams.
Increasingly, young professionals and empty nesters are opting for luxury townhomes with city views and access to restaurants and parks. For the 12 months ending with June of this year, national townhome starts had risen by 25 percent over the same period ending in 2015.