Looking for an Atlanta office space that’s surrounded by entertainment, restaurants, attractions, and has a dense pool of professionals from which to choose? Leasing in Downtown Atlanta delivers. The district’s young, upwardly mobile residents have been driving its growth, which has outpaced the state and the country in population, housing and median income. Major industries in the area include public administration, telecommunications, professional and technical services, hospitality, and arts and entertainment. The fast pace of the city is complemented by many green spaces, walking trails and a handful of colleges and universities.
Downtown Atlanta in Three Adjectives
Booming, fresh, progressive
Getting Around Downtown Atlanta
Downtown is bordered by North Avenue to the north, Central Park Place to the east, Interstate 20 to the south, and U.S. Highway 29 to the west. The primary freeway artery of the area, the Downtown Connector, runs north and south.
When you rent office space in Downtown, you have a number of transportation options. The Metropolitan Atlanta Rapid Transit Authority (MARTA) station at Five Points marks the convergence or the east-west and north-south rail lines. With six other MARTA stops in Downtown alone, public transportation makes an appealing option for commuters and visitors alike. The recently opened Atlanta Streetcar travels in a 2.7-mile loop, connecting the convention and entertainment districts, the Martin Luther King, Jr., National Historic Site, and neighborhoods to the east. Or, stretch your legs on the Atlanta BeltLine, a network of trails, parks and walkways that circle Downtown.
The Scoop on the Neighbors:
Atlanta’s Downtown district is bustling with a variety of industries that attract residents and visitors every day of the year. Tourists flock to Downtown for its many attractions, including Centennial Olympic Park, World of Coca-Cola, Martin Luther King, Jr. National Historic Site, the College Football Hall of Fame, CNN Studio Tours, and Georgia Aquarium, the largest aquarium in the world. Retail destination Underground Atlanta provides a unique shopping experience, and will be rejuvenated into a mixed-use development with a minimum of $150 million of investments. T¬he district is well-equipped to show these sightseers a good time day or night, with 11,500 hotel rooms in the vicinity, and restaurants and bars making up 54% of the total Downtown spending revenue.
The district’s ample convention space makes doing business convenient, while its many places of higher education put skilled graduates at your doorstep. When you lease Downtown Atlanta office space, you’re just blocks away from large meeting and exhibit areas like AmericasMart (4.2 million square feet), Georgia World Congress Center (3.9 million square feet), and the Georgia Dome (102,000 square feet). Meanwhile, the five major colleges and universities in Downtown — Georgia State University, Georgia Tech, Clark Atlanta University, Morehouse College and Spelman College — position students at the core of the district. In fact, 53% of these college-goers live in Downtown, creating opportunity for a number of businesses catering to this young, diverse market.
Other major employers in the district represent a range of industries. Fortune 500 companies Coca-Cola Co. and CNN News Group have headquarters in Downtown Atlanta. On the healthcare front, Grady Health System/Memorial Hospital employs approximately 4,000, while Emory University Downtown Hospital follows with nearly 2,800 and Atlanta Medical Center closes in on 2,000. Georgia State University, Turner Broadcasting System, Georgia Pacific LLC and Georgia Power all employ more than 2,000 each, as well.
Sustainability has become a predominant goal for Atlanta, which competes nationally with other cities for the title of “Most Sustainable City” under the Department of Energy’s Better Buildings Challenge. The initiative encourages enhancing building efficiency, with the goal of reducing energy and water consumption by 20% or more by 2020. One such efficient building that recently achieved LEED-EB Platinum certification is Boxer Property’s very own Hurt Building — the oldest commercial office building in Georgia to receive this rating. The Hurt Building has also been honored by The Outstanding Building of the Year (TOBY) Awards four times, most recently as the recipient of the 2014 Southern Region TOBY Award, Historical Category.
Downtown by the Numbers
© Boxer Property, All Rights Reserved
© Boxer Property, All Rights Reserved