As I’m on the streets of Midtown Atlanta daily, and especially when I’m on a balcony of a high-rise building, I can certainly look back and remember when __________(fill in the blank) was a vacant lot. But when you talk with a prospective buyer who has never been in Midtown before, they may not realize just how much it’s changed.
Midtown Alliance and the Midtown Improvement District
Just like train or a car that need an engine to power them, so does economic development. One of the ways this can happen is through a community improvement district (CID). Midtown happens to call theirs the Midtown Improvement District. What’s so important about this?
A CID is a mechanism whereby the property owners agree to self-tax themselves in order to fund infrastructure improvements to a certain area. They establish the boundary and then work to improve that area. (This is a very simplistic explanation of what a CID is. (The Midtown Alliance has more information on their website)
What Has The Midtown Alliance Done in Midtown?
- 1000+ new street trees
- 15+ miles of sidewalk improvements
- Keeping Midtown Clean and Green
- $9M of public improvement projects
- New public art
- 3,500 light poles
The list goes on, and on.
In just a 1.2 square mile where the Improvement District functions, look at all that has happened…
Thanks Midtown Alliance!