Atlanta Regional Housing Forum

Gentrification in Atlanta

As Atlanta's economy improves, there is significant growth in residential real estate development - and with this growth, concerns about gentrification are heightened. Many in-town neighborhoods like West End, East Atlanta, Kirkwood, and Old Fourth Ward have been growing in popularity - and price - much to the dismay of some long-term residents. New investments in the Westside and along the Beltline are creating even more angst and concern about the gentrification of formerly affordable neighborhoods.

During gentrification, development activity improves conditions, results in new assets, increases desirability and places upward pressure on rental rates and home prices. When rental rates and property taxes soar, it ceases to be a choice for low-income residents to stay in the neighborhood they call home. But there are those who tout the benefits of such housing market activity. They point to stabilized neighborhoods, increased job opportunities, decreased crime, more attention to public infrastructure and services, increased tax revenues, and increased property values.

How can all parties involved examine and address the issue in a manner that serves everyone equitably? What tools are new to the gentrification response toolbox? Where is the most current and accurate data? A decade ago, the Reynoldstown community worked hard to manage the impact of gentrification. What lessons can we learn from Reynoldstown? Can we apply those lessons in new developments on the Westside and along the Beltline?

Join us at the next Atlanta Regional Housing Forum as we discuss the issue of gentrification.


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St. Luke's Episcopal Church, 435 Peachtree Street NE, Atlanta, 30308
Wednesday, September 3, 2014 9:30 a.m. - 11:45 a.m.

 

 

 
 

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