Your next home could be downtown.
Where is it? Where all the lights shine. The city core is roughly bounded by the Downtown Connector to the east, I-20 to the south, Northside Drive to the west, and North Avenue to the north.
What’s the story? Like just about every other city in Georgia, Atlanta was born out of the expansion of the railroad industry. The town, originally known as Terminus, was founded in 1837 at the end of the Western & Atlantic rail line with a mile marker driven into the ground not far from today’s Five Points. It would be known as Thrasherville and Marthasville for a few years before being incorporated as Atlanta in 1847. It was notoriously burnt down during the Civil War but became the state capital in 1868.
What’s going on these days? A lot! Not only is Underground Atlanta working on its third act as an arts, shopping and nightlife destination, but the transformative $5 billion Centennial Yards project across from Mercedes-Benz Stadium is set to inject new housing, offices and retail businesses, while South Dwntn is rehabilitating historic buildings in the “hotel row” along Mitchell Street to do the same.
What about the amenities there now? Restaurants of all tastes abound (we recommend al fresco dining along tree-lined Broad Street from a plethora of eateries), while State Farm Arena, Theatrical Outfit, The Tabernacle, Masquerade and Rialto Center for the Arts offers top-notch music, theater, and entertainment. You’re also in the downtown tourist hub with the Georgia Aquarium, Center for Civil and Human Rights, Coca-Cola Museum, College Football Hall of Fame, and Skyview Ferris Wheel. We also recommend checking out activities and events at Woodruff Park and Centennial Olympic Park. A lingering complaint is that the grocery store is inconvenient, but one of the new projects should soon fix that.
What about houses? Like everywhere else, housing stock is low, but at press time there were quite a few condos on the market ranging from $100,000 to over $2 million. The median price of a downtown condo hovered around $250,000.