On 4th April, we announced the opening of a new Engel & Völkers shop in the historic city of Atlanta, Georgia. In addition to being the state capital, the city also has a dramatic and fascinating history that’s helped it to become the vibrant, exciting place that it is today – so in honour of our new home, we’re taking a closer look at The ATL.
Although it’s now the de facto Capital of the South, Atlanta started life in 1837 as a small dot on a new railway construction map, simply labelled ‘Terminus’. 150 years later, the city has lived through everything from the Civil War to the Civil Rights Movement, launched CNN and even hosted the Summer Olympics. Unsurprisingly, Atlanta is visibly proud of its history, carefully preserving intown establishments like Dr King’s home, the Ebenezer Baptist Church and Oakland Cemetery.
In the city centre you’ll find the High Museum of Art, which has collaborated with both the Louvre and New York’s Museum of Modern Art. The Alliance Theatre was awarded a Regional Tony Award in 2007 and puts on a great programme of concerts, musicals and plays, while the Georgia Aquarium is the largest of its kind in the world. Visitors and locals flock to the Atlanta Zoo to gaze adoringly at the giant panda cubs, and four sports teams ensure that fans always have plenty to cheer about.
Atlanta’s population continues to grow rapidly, breathing new life into neighbourhoods on the outskirts of the city as well as the downtown districts. The city welcomes new residents from across America and the wider world, with college graduates particularly well represented. Numerous career opportunities help to attract many young professionals, with Coca Cola, Delta Air Lines and of course, CNN all based in the city.
Famously labelled ‘the city too busy to hate’ back in the 1960s, today the official website proclaims that Atlanta is ‘not too busy to care.’ It’s an attitude that certainly seems to be paying off, since Forbes recently ranked Atlanta among the fastest-growing cities in America. This naturally means that competition for prime real estate is fierce, but fortunately, there are several desirable neighbourhoods to choose from. Ansley Park was developed in 1904 and is filled with green spaces and an eclectic collection of mansions, designed in every style from Colonial to Neo-Classical. Further north, the district of Buckhead is known as the home of boutique shopping, gourmet restaurants and the Georgia Governor’s Mansion, a stately home designed in Greek Revival style. Castleberry Hill represents a more bohemian lifestyle, with live jazz cafes and several modern art galleries, while the newly revitalised West Midtown area has some of the most beautifully designed loft conversions and condos in the state.
Experts predict that Atlanta’s real estate market will continue to thrive, suggesting that the next few years will see an increase in ‘green’ single-family housing and condominiums complete with restaurants, shops, fitness centres and other amenities. The Beltline project is now well underway and should help to transform several downtown neighbourhoods, improving transport links and adding new parks and walking trails. With so many exciting developments, there’s no time like the present to invest in Atlanta. To find out more about Engel & Völkers’ new shop in this thriving city, just visit E&V Atlanta.