The American Planning Association (APA) is coming to Atlanta in April for its 2014 conference. The conference blog has been exploring Atlanta issues — well worth a visit: http://blogs.planning.org/conference
One post announces that a workshop at the conference will look at a troubled, historic strip of Broad Street — from Garnett Street to Alabama Street — in the middle of Downtown Atlanta. Read about it here. Here’s a quote:
Today the Broad Street corridor — accompanied by 80 acres of surface parking lots — sits right in the middle of substantial urban Atlanta energy, yet it is derelict and desolate, waiting for reinvestment. The area is ideal for planners from across the U.S. to engage peers prior to the national conference and create a lasting impact.
I (and some others) call this stretch South Broad Street. In my opinion, this place has more unrealized potential than any other in the city. Being so well-connected to transit, with Five Points MARTA on the north side, it’s got pent-up greatness waiting inside. If you’re in the mood for a visit, I recommend Miller’s Rexall and Mammal Gallery as destinations.
And if you’d like to read some interesting history about South Broad, check out the Southbroadatl.org website.
I’m very happy to read that an investor is getting a loan from the city’s Invest Atlanta office in order to turn the beautiful Flatiron Building in Downtown Atlanta into a startup hub. This building has been mostly empty and underused for many years and it’s great to see something finally happening.
Atlanta Business Chronicle has the story. Here’s a quote:
[Arun ] Nijhawan, a distressed real estate investor, expects to acquire the Flatiron in March and have it renovated by the end of the year…The development will include more than 36,000 square feet of collaborative workspace designed for more than 330 creatives, and design-led startups and entrepreneurs.
Invest Atlanta will be providing a $1.5 million loan to offset the expected $10 million cost of acquisition and renovation of the building.
And did I mention this is right on the streetcar line? I didn’t? It turns out — this building (along with the hundreds of new creatives that will be inside it) is right on the streetcar line. Woot.
Photo from Flickr user tstuckey