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Showing posts from January, 2018

The Case for Replacing South DeKalb Mall with a New Mixed-Use Development

Bringing Atlantic Station to the eastside
New York City-based Thor Equities is an international real estate development and investment company that owns the 800,000 square foot The Gallery at South DeKalb. 

From Thor Equities' page describing The Gallery at South DeKalb: 
OUTSTANDING LOCATION The Gallery at South DeKalb is located in the southeastern section of Atlanta, known as Decatur, Georgia. Situated minutes away from I-285, and directly off I-20 on Candler Road, the Gallery has tremendous exposure and visibility from the street. The daily traffic count of cars passing the Property is estimated to be about 136,000.
EXCEPTIONAL TRADE AREA The Gallery at South DeKalb tailors itself to a close-knit community of African-American consumers with more than 600,000 potential customers in the primary and secondary market area. This trade area has the nation’s second-most affluent African-American base with an average household income at more than $60,000 for more than 257,000 people within …

South DeKalb Safer Than Buckhead, Virginia-Highlands, and Midtown?

Coalescing in southern DeKalb County is a movement that is a) trying to form a city (Greenhaven) to help improve the quality of life of its inhabitants and b) bringing together critical-thinking community members to address the issues and debunk the myths that often gather around diverse areas – in this case the issue of safety.
Crime is a hot topic. With a multitude of publications ranking the ‘safest neighborhoods’, many understandably make it a priority to peruse these lists and guides with the hopes of not only avoiding a high crime area when researching an area before purchasing a home, but to insure that the chosen neighborhood has a low likelihood of changing. Looks can be deceiving.
The issue is that people rarely get hard data to support this assessment. These labels bring huge economic costs: disinvestment, high unemployment in the community, low economic development potential, and lower home appreciation rates. Some of these communities have median incomes that are similar or…