Downtown Atlanta real estate is highly popular and sought after, since it nestles at the very heart of this vibrant city, and is the core of the city of Atlanta, being the area first developed over a hundred and seventy years ago as a railroad route, and was originally called Terminus as a direct link to its railroad origins. Changing its name twice, from Marthasville and then eventually to Atlanta, it then became the state capitol, but holds on to both its railroad links, being very well connected through its rapid rail service, known as MATAS, and also to its history.
It is this area of Atlanta which draws in the tourists and visitors, and Downtown Atlanta real estate is of a very high standard, and admired by those simply visiting, although unsurprisingly, many people choose to buy here after seeing just what an incredible district it is, and what it has to offer.
It is the Downtown district which is the most influential financial area of the city, and is home to a wide range of buildings, styles and architectures, demonstrating clearly its long history. Elegantly designed and well crafted Victorian mansions grace the tree lined avenues, along with some of the most sought after office space and high rise apartments anywhere in the city. It is of no surprise that Downtown real estate and the popular Downtown condos are keeping a high price, and are snapped up very quickly. If you’re looking to settle in this part of the city, as so many are doing, you need to be quick, as property doesn’t sit around for sale for long here.
Downtown Atlanta is home to many well known buildings and attractions, such as the CNN building, the AT&T building, the Georgia Aquarium and the recently moved World of Coca Cola. All of these draw in visitors, and help to keep the area wealthy and well equipped. Of course, in 1996 Atlanta was the host for the Olympic Games, and this has had a lasting effect on the Downtown real estate and general district and amenities. Unsurprisingly, there are more sports facilities here than you could ever need, with several arenas, sports fields and parks.
There are six distinct areas within Downtown Atlanta, and these each have their own particular characteristics. If you’re looking to purchase Downtown real estate, then you may well want to have some idea of what each area has to offer. The first district is known as SoNo, formerly called Bedford-Pine, and this used to be a fairly under-developed region, although a significant amount of investment has taken place here recently, with some older buildings being replaced with newer developments, including some very smart condos. This area is home to the tallest building in the city, the Bank of America Plaza, has good links to the rest of the city through the rail link, and is gaining a reputation as becoming a chic area, although currently one of the quieter regions.
The Railroad district has been so called by the very property developers who have been seeking to improve this area, and help it become much more closely linked with the rest of the Downtown area. Consequently, transport links are much better, and the property is new, well designed and very smart. A quiet, but increasingly thriving district, this is certainly one to make money on real estate investment.
The Five-Points district is, as the name suggests, the point where all main streets converge, and is therefore the very centre of the Downtown district. Predominantly commercial, and very bustling, this area is home to some very well situated condos, that place you right at the heart of this community. The Fairlie-Poplar area is mainly commercial, and is a good site for business and office space, although the Georgia State University has a large number of accommodation sites for students, and this is a good area to consider for students and young people, as property is fairly cheap compared to other areas.
If you’re looking to obtain some Downtown Atlanta real estate at a very good price, and are looking at becoming part of a growing community, the Centennial Hill area offers just such an opportunity. This area was scheduled to have a number of significant developments, most of which were scrapped, but with the Georgia Aquarium project being situated close by, it is this district which is due to have over a billion dollars’ worth of investment taking place quite soon! This means that getting in early is likely to afford you a fantastic deal, and a great opportunity, if you’re prepared to accept the long term developments and projects likely to be taking place.
For those looking for downtown Atlanta loft or condo opportunities, then the famous Castleberry Hill district is ideal, and as it has been classed a landmark district is protected from very much development. Consequently it has been able to maintain its historic charm and cultural identity, being home to many older buildings, and full of cultural venues such as theatres and galleries.
So, whatever kind of Downtown Atlanta real estate you are looking form, whether it be Downtown lofts, or Downtown condos, there really is a district to suit you, and the opportunities as far as investment, development and community is concerned are very exciting at the moment. This really is the heart of the city, and one that is beating ever stronger.