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Atlanta Condos For Sale

City Hall East to Get New Life as Ponce City Market

July 1, 2011 by Thom Abbott

You’ve heard the saying, “music to my ears…” Well, this announcement is certainly one of them. An Atlanta landmark of sorts seems to be on the verge of a new life, and one that could be an amazing addition to the Midtown/Old Fourth Ward area. If it’s done right.

If you have ever been to New York City and visited the Chelsea Street Market….then you can certainly imagine MY excitement about this massive redevelopment of the old Sears Roebuck & Company building, also known as City Hall East.

City Hall East to Get New Life as Ponce City Market

Ponce City Market at City Hall EastJamestown and its subsidiary Green Street Properties are about to close on the purchase of this mammoth 2-million sq. ft building. A visit to the Jamestown Properties website would certainly make you think they are indeed the company with the vision and the money to make such a transition a reality. Indeed, it’s possible. If it’s done right.

Unveiled at the International Council of Shopping Centers convention in Las Vegas in May, plans call for some 236,000 square feet  of retail space and 21,000 square feet for restaurants.  These plans include a “food hall” that would become the focal point of the Ponce City Market.  So what could Midtown Atlanta residents hope for in the way of retail?

A look at the retail in Chelsea Market does not show any of those big box guys, but an eclectic mix of shops….just what the doctor ordered for the ailing retail segment of Midtown/Old Fourth Ward. I visited Chelsea Market when I was in New York City in December…it was awesome to say the least.

But, and there is always a but. Chelsea Market is in the heart of ultra density….Manhattan. City Hall East Let’s start calling it the new name, Ponce City Market sits on the edge of Midtown Atlanta and the edge of Old Fourth Ward. With the exception of a couple apartment buildings, it’s not at all a walkable destination for Midtown Atlanta condominium residents…or even Historic Midtown. (Can you say….CAR?) It does however, sit alongside the Beltline, a 22-mile loop of railroad tracks that are to be transformed into a transit/bike/walking ring around the city, connecting to multi-use developments….like Ponce City Market. The other “but” is the developer’s deep pockets. And that works two ways. One, they have the money to develop the Market, and sit on it. “But” they also have the money to help subsidize rents to get the place filled up, vibrant and happening, and then be able to move rents up, hopefully not running tenants out of business before they can become established.

Plans also call for office tenants that want true loft space for their offices. The building can offer up to 100,000 square foot plates for such, and also offer skyline views of Midtown and Downtown Atlanta.

I’ll be keeping a close eye on this one and let’s hope it’s a winner. No timeline for completion was listed in the information I found. Here is a photo I snapped while attending the dedication of the Historic Fourth Ward Park.  City Hall East a.k.a. Ponce City Market is the huge brick building to the right.

Ponce City Market and Historic Fourth Ward Park

 

Filed Under: Interesting Stories, Midtown Atlanta News and Events, Midtown Restaurants and Business Tagged With: Midtown Atlanta Business, midtown atlanta real estate, News

Midtown Neighbors’ Association – Do You Really Know What’s Going On in Your Neighborhood?

July 1, 2011 by Thom Abbott

Midtown Neighbors AssociationThis post is inspired on a number of fronts. I’ve always been one to be involved. I was President of my 4-H club in high school. I was the school store manager in high school. In college I was involved in Gourmet Night, a huge event the students hosted each year, one year as the Controller managing the $18,000 budget for the event and another year as Director of Marketing, handling all those aspects, including the coveted guest list and seating arrangements. (Kinda like seating for the Academy Awards I guess…)

As of late, I’ve been involved in my community, Midtown Atlanta. I was on the Board of Directors for almost 3 years until I needed a break and had to step away. I did that this past December. Last night (June 30) was my first opportunity to return to a Board Meeting. Wow. What an eye-opening experience it was to be in the audience and watch what I use to participate in with vigor.

Mind you, except for one Land Use applicant, I was the only person in the audience.

Which brings me to the question, Do You Really Know What’s Going On in Your Neighborhood?

During my time on the MNA Board, I was often very frustrated at the lack of interest in residents of the neighborhood to become involved in any form or fashion with what was going on in the neighborhood. Yet, later when a special event is held the complaints roll in. Ah….and you were WHERE when this application was being considered? But, that leads to yet another question…Did you even KNOW what was being proposed?

I listed to Board Members whom are not even property owners (yep, you can be on the Board of the association, make decisions that affect the quality of life yet not have to own property) talk about special event applications with little regard for the residents which will be most directly affected. Two condominium communities that will be directly affected by a proposed event have not even been contacted by the association OR the event planners themselves. I raised this very question and it was kind of like…”whatever….”

It might be kind of hard to know what’s going on if the information is not forthcoming.

The neighborhood association maintains a website, but it can be lacking in information, or at least require some serious digging to find out what may be happening. A visit to the website this morning did find the most recent approved minutes on the website. At least this is a source for residents to get information, but keep in mind, it’s almost a month old. (May meeting minutes were just approved last night, so not sure when they will appear on the website, but they are already 30 days old.)

Guy with a QuestionSo, I wonder why people don’t become involved in their community? I noticed this not only in the entire community, but inside the condominium communities as well. Remember, each condo building has it’s one “organizational structure” with a Board, Property Manager, etc.

I often wonder the results a community would see if more of its residents became involved in the process.

Do You Really Know What’s Going On in Your Neighborhood?

Filed Under: Midtown Atlanta News and Events, Random Topics Tagged With: Midtown Neighbors' Association, News, odds and ends

Midtown Neighbors' Association – Do You Really Know What's Going On in Your Neighborhood?

July 1, 2011 by Thom Abbott

Midtown Neighbors AssociationThis post is inspired on a number of fronts. I’ve always been one to be involved. I was President of my 4-H club in high school. I was the school store manager in high school. In college I was involved in Gourmet Night, a huge event the students hosted each year, one year as the Controller managing the $18,000 budget for the event and another year as Director of Marketing, handling all those aspects, including the coveted guest list and seating arrangements. (Kinda like seating for the Academy Awards I guess…)

As of late, I’ve been involved in my community, Midtown Atlanta. I was on the Board of Directors for almost 3 years until I needed a break and had to step away. I did that this past December. Last night (June 30) was my first opportunity to return to a Board Meeting. Wow. What an eye-opening experience it was to be in the audience and watch what I use to participate in with vigor.

Mind you, except for one Land Use applicant, I was the only person in the audience.

Which brings me to the question, Do You Really Know What’s Going On in Your Neighborhood?

During my time on the MNA Board, I was often very frustrated at the lack of interest in residents of the neighborhood to become involved in any form or fashion with what was going on in the neighborhood. Yet, later when a special event is held the complaints roll in. Ah….and you were WHERE when this application was being considered? But, that leads to yet another question…Did you even KNOW what was being proposed?

I listed to Board Members whom are not even property owners (yep, you can be on the Board of the association, make decisions that affect the quality of life yet not have to own property) talk about special event applications with little regard for the residents which will be most directly affected. Two condominium communities that will be directly affected by a proposed event have not even been contacted by the association OR the event planners themselves. I raised this very question and it was kind of like…”whatever….”

It might be kind of hard to know what’s going on if the information is not forthcoming.

The neighborhood association maintains a website, but it can be lacking in information, or at least require some serious digging to find out what may be happening. A visit to the website this morning did find the most recent approved minutes on the website. At least this is a source for residents to get information, but keep in mind, it’s almost a month old. (May meeting minutes were just approved last night, so not sure when they will appear on the website, but they are already 30 days old.)

Guy with a QuestionSo, I wonder why people don’t become involved in their community? I noticed this not only in the entire community, but inside the condominium communities as well. Remember, each condo building has it’s one “organizational structure” with a Board, Property Manager, etc.

I often wonder the results a community would see if more of its residents became involved in the process.

Do You Really Know What’s Going On in Your Neighborhood?

Filed Under: Midtown Atlanta News and Events, Random Topics Tagged With: Midtown Neighbors' Association, News, odds and ends

$5.6 Million Meant for Atlanta's Streetcars Already Spent

June 2, 2011 by Thom Abbott

Oh yeah…and just where IS that missing $6M going to come from to build this streetcar from Downtown to the King Center. Many already questioned the construction of the line, since it will do absolutely NOTHING to ease the grid-lock traffic that Atlanta is experiencing. I’ll be following this story for sure! ~~~Thom Abbott

$5.6 Million Meant for Atlanta’s Streetcars Already Spent

Updated: Wednesday, 01 Jun 2011, 7:33 PM EDT
Published : Wednesday, 01 Jun 2011, 7:33 PM EDT

  • Aungelique ProctorAungelique
    Proctor

By MYFOXATLANTA STAFF/myfoxatlanta

Atlanta Streetcar Example
Streetcar in Portland, OR

ATLANTA, Ga. – The highly-anticipated downtown Atlanta streetcar project is having trouble getting off the ground. The city was supposed to come up with nearly $6 million toward the project, but that money is long gone.

Council Member Felicia Moore told FOX 5’s Aungelique Proctor that the $5.6 million that was supposed to go to the streetcar project was instead spent two years ago by former Mayor Shirley Franklin. Moore says it was used in 2009 for public safety purposes to close the budget gap.

The city is launching two investigations into how the mistake could have occurred. One is being conducted by the auditors, and another by the law department.

The federal government has already given the city $47 million in federal stimulus money for the streetcar project, and now the mayor’s office is left scrambling to find the money they need somewhere else. A representative from the mayor’s office tells FOX 5 they do have a plan, and that they hope to sell some prime real estate in midtown in order to come up with the money needed to fund their portion of the streetcar project.

The project is supposed to be completed in the summer of 2012. The planned 2.6 mile line would run from The King Center to Centennial Olympic Park, and it would bring 2,000 jobs with it.

Councilman C.T. Martin says he looks forward to finding out how the mistake was made.

 

via myfoxatlanta.com

 

Filed Under: Interesting Stories, Midtown Atlanta News and Events Tagged With: atlanta traffic, News, odds and ends

Steve Hoffacker's Sales Quips: Mass Transit Does Not Serve The Masses

May 29, 2011 by Thom Abbott

Mass Transit Buses
Can You Bus the Masses?

Yesterday, I wrote a post about the use of mass transit – buses specifically – and how the the Senate Banking Committee is being pressured to continue funding buses. The argument is that reducing funding would be detrimental to the national economy. The major impact would be on the the reduction in demand for the manufacture and sale of new buses.

I received a lot of great comments from yesterday’s post so I thought I would elaborate on the issue today.

Many people over the years have espoused bus transportation as the solution to air polution, vehicle trips, crowded streets, and many other issues.

However, buses cannot work as they are envisioned – just as most commuter trains cannot.

Say I live 8 miles from the Courthouse and I have a 9:00 appointment. The bus that serves my neighborhood comes at 7:30. The next bus comes at 8:30 but doesn’t get me there in time. So I to leave home nearly 2 hours before my appointment to use the bus. If I drove, I could leave 30-45 minutes before the meeting, depending on traffic.

Then, I need to return home or back to my office after an hour or two. I likely will have to wait for the next scheduled bus and could use up to another 90 minutes before arriving back at my local bus stop. Thus a one-two hour meeting could take nearly 6 hours counting bus travel. Not an efficient way to use one’s day.

If I have more than one stop in a day – which many of us do – buses don’t work because they either don’t go where we are going or don’t go when we need to be there. Then there’s always the issue of getting back again.

Making sales calls or showing homes obviously cannot be done by bus.

Since buses have such limited practical application – essentially taking people from outlying areas to the downtown in the morning and returning them at night – few cities and towns can take full advantage of buses unless nearly everyone works downtown and stays there all day.

Buses were a grand experiment that carried over from the streetcar days. They just haven’t worked and really can’t work outside the urban core. The ridership isn’t there, the routes can’t be there economically, and the schedules can’t be there due to manpower and vehicles.

Privatizing buses by useing mini-buses and vans might work on limited routes on a park and ride basis, but even that is doubtful because people will want to go when and where the buses don’t.

 

───

 

 

For more information on my coaching and educational programs and services, visit my website stevehoffacker.com, or go to my other bloghomesalesinsights.com for additional sales tips, insights, and commentary. Listen to my free podcast messages at Steve Hoffacker’s Happenings.

Steve Hoffacker – Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist – for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

© Steve Hoffacker, 2011. All Rights Reserved.

 

via salesquips.com

I know Steve by way of a site where we share our blogging platforms. But this is probably the most common sense explanation of the use of buses or lack thereof I have ever read. Thanks Steve!

Filed Under: Interesting Stories, Random Topics Tagged With: midtown atlanta real estate, News, odds and ends

Atlanta at Heart of Area’s Transit Issues  

May 24, 2011 by Thom Abbott

 

This article appeared in the AJC on Sunday, May 22.

A good point is made….Will Atlanta and the surrounding 10 metro counties that have to vote to approve the transportation referendum in 2012 have a clear understanding of what the money is going to do and how it’s going to help them and improve Atlanta’s quality of life as well as keep us competitive as a place to draw more people and corporate headquarters to?

Thom Abbott

 

By Ernie Suggs — The Atlanta Journa-Constitution

The Downtown Connector I-75/85

Every day, Atlanta’s population more than doubles to more than 1.2 million people as workers, shoppers and entertainment seekers pour into the city in cars or via mass transit, according to city officials.

In many ways, Atlanta — where three major interstates and two major railroad networks converge — lies at the heart of the region’s traffic grid. It has always struggled to maintain and expand interstate and transit systems that link the metro counties and move their residents.

Officials in the capital city are banking on the money raised by the 2012 transportation referendum’s 1-cent tax, if the 10-county region passes it, to pump millions of dollars into the MARTA system, to fix bridges and roads, to accelerate the completion of the Atlanta Beltline. Of course, how many of Atlanta’s suggestions make it to a final project list has yet to be seen.

Other people question whether Atlanta voters who already are paying a 1-cent MARTA tax will want to spend more. Atlanta has an 8 percent sales tax, one of the highest in the state. If the referendum passes, that would jump to 9 percent.

For the rest of the AJC article, please click here.

Filed Under: Midtown Atlanta News and Events Tagged With: News

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Thom Abbott

Associate Broker, REALTOR(R)
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Atlanta, Georgia 30309
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