Why Midtown Is The Best Of Urban Atlanta
Midtown Atlanta is one of the most bustling urban neighborhoods in Atlanta where business, culture, arts, and nature all come to together to make one of the most diverse and exciting neighborhoods that define Atlanta intown living.
Whether you’re new to the city or a native Atlantan, Midtown has something to offer everyone. It’s one of the most walkable neighborhoods in Atlanta and it’s often the first place I direct people to who are wanting an intown experience.
Culture and Arts Center
Midtown is a melting pot of culture; home to entrepreneurs, artists, students, and families you can always find lively people and events to interact with and attend.
Midtown hosts the most exciting festivals in Atlanta that bring the community together for unique experiences. Some of the most significant events include; Dogwood Arts Festival, Peachtree Roadrace finish line, Music Midtown, and Atlanta Pride.
Known as the “heart of the arts” in Atlanta, Midtown’s concentration of art and artists help make it one of the premier cultural centers in the south. According to the Midtown Alliance, there are 25 different arts and cultural venues, more than 30 permanent performing arts groups, and 22 various entertainment facilities in Midtown. It is home to the Atlanta Symphony, High Museum of Art and Alliance Theatre. Here is a link to a map of all the art and entertainment venues in Midtown.
If you are a foodie, Midtown has you covered. It’s home to some of Atlanta’s best restaurants, food trucks, and markets. Some of my favorite Midtown Restaurants are The Consulate, The Lawerence, and Bulla.
If you’re a food truck connoisseur you can find food trucks throughout Midtown almost any day of the week, and one of the largest Midtown food truck concentrations happens every Thursday at 12th & Piedmont. One of my favorite food trucks is Buena Gente Cuban Bakery for delicious Cuban baked goods and Cuban coffee. Here is a link to the calendar of food trucks and locations.
Aspiring chefs and foodies can find an excellent variety of locally grown fruits, vegetables, and meats every Saturday at the Piedmont Park farmers market. There’s also live music, crafts, and cooking demos, so it’s a fun way to spend a Saturday morning.
If you need a break from the urban hustle you can head over to Piedmont Park, centrally located in Midtown, the park has over 200 acres of green space with running and bike paths plus plenty of shady trees for afternoon picnics.
Additionally, located on the edge of Piedmont Park is the Atlanta Botanical Gardens, which has rotating garden artistry year round and a spectacular annual Christmas display.
Real Estate Market
If all of these urban benefits and attractions are appealing to you, there are opportunities to own and rent properties in Midtown’s thriving real estate market.
With new businesses and commercial developments rapidly entering the Midtown area, it’s no wonder that Midtown is a sought-after market. According to Curbed Atlanta, there are currently 40 commercial developments proposed or under construction within the Midtown radius. Some of the more notable ones include a 3 story Whole Foods market and the Colony Square redevelopment which will consist of a state of the art food hall and over 143,000 sq ft of entertainment, retail, restaurants and fitness concepts.
With all the new development there is a noticeable influx of people looking for residential properties. According to realtor.com residential property in Midtown has been a great investment, with median listing prices increasing over 33% in the past three years. Currently, Trulia.com shows median sales prices at $291,000 and median monthly rental rates of $2,750. Much of the steady increase in price can be attributed to the ongoing low supply, as of August there was a 2.6 month supply in Midtown (30309 area code) where a 6 month supply is considered a balanced market.
In my opinion, I don’t see supply increasing significantly, and I also expect people to continue to migrate to Midtown as business presence grows and more people, especially educated millennials, prefer to be closer to jobs and live in walkable urban environments. Therefore, I expect Midtown real estate to, at a minimum, to maintain it’s value if not continue on its upward trajectory.
If you are interested in a new home or condo in Midtown, please contact me, I can provide you with more information on the Midtown market as well as help you navigate the different pockets throughout Midtown. I currently have two excellent properties listed at one of Midtown’s best condo locations, Mayfair Tower, across the street for the new Colony square redevelopment and 1 block from Piedmont Park. You can view the listings in the with the links below.
199 14th Street NE, #1109, 1 bd 1 bth, list price $255,000
199 14th Street NE, #1905, 2 bd 2 bth, list price $359,900 [Great Investment Opportunity NOW leased @ $2200 per month through NOV 30 2019]