According to the Urban Land Institute, there is no need for Atlanta to continue building; currently, there is more than four times more construction going on than there is office spaced being used.
"Next year 'promises tough times [in Atlanta] as an overbuilding hangover and slipping demand roil investors,' states the [ULI's annual Emerging Trends in Real Estate Report], now in its 30th year. 'It's no time to buy in any of the property sectors. Office developers play a game of chicken in Buckhead, where a bloodbath is coming.'
Buckhead absorbs less than 500,000 square feet of office space annually, but more than 2 million square feet is under construction, the report points out.
'The goofy activity defies description.'
The principal author of the report, Jonathan Miller, who lives in New York, addressed ULI Atlanta members Tuesday morning at the Cobb Energy Performing Arts Center.
As for the perception that Atlanta is overbuilt, 'given what's going on in Buckhead right now, I think it sticks,' said Miller, who has spent time walking and driving around the city."
FULL STORY: Experts: City is overbuilt
When a Project Lender Goes Under, A Developer Decides to Go Green
In Atlanta, plans called for a five-building development in the suburb of Dunwoody. With only three buildings completely built, the Providence Group decided to turn the undeveloped land into a park.
Why Housing Costs More to Build in California Than in Texas
Hard costs like labor and materials combined with ‘soft’ costs such as permitting make building in the San Francisco Bay Area almost three times as costly as in Texas cities.
Comment: EPA Cuts will Send Atlanta Back to Eye-burning Ozone, Lung-damaging Smog, and Raw Sewage in the Chattahoochee River
A veteran political journalist takes stock of the hard-earned ground Georgia stands to lose with slashed environmental protection.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Half of Post-Fire Altadena Home Sales Were to Corporations
Large investors are quietly buying up dozens of properties in Altadena, California, where a devastating wildfire destroyed more than 6,000 homes in January.
Opinion: What San Francisco’s Proposed ‘Family Zoning’ Could Really Mean
Mayor Lurie is using ‘family zoning’ to encourage denser development and upzoning — but could the concept actually foster community and more human-scale public spaces?
Jacksonville Launches First Autonomous Transit Shuttle in US
A fleet of 14 fully autonomous vehicles will serve a 3.5-mile downtown Jacksonville route with 12 stops.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
JM Goldson LLC
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont