The Midtown Mile's real estate revival | Green Building Chronicle

Atlanta Intown reports:

Five years ago, the Midtown Mile was set to be Atlanta?s answer to Chicago?s Magnificent Mile and New York?s Madison Avenue. The stretch of Peachtree Street from 15th Street to North Avenue was going to be a tree-line boulevard filled with luxury apartments, hotels, restaurants, one million square feet of retail space and a streetcar to ferry residents and visitors.

Then the economic meltdown began and the rapid construction that had been taking place in Midtown ground to a halt. The planned streetcar line was removed from the city?s short list of transportation priorities.

After more than two years of recession and the bottoming out of the real estate market, the Midtown Mile is showing signs of life once again.

Keep reading at Atlanta INtown.

Source: http://greenbuildingchronicle.com/2011/08/02/midtown-miles-real-estate-revival/

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