Station Summary

Five Points is on the all lines line. The station is located in a mostly residential area. Residents living near Five Points spend more than the regional average on housing and transportation. In this area, the average resident drives 8,508 fewer miles annually than the regional average. Additionally, the average resident living near Five Points spends $14,858.06 less per year on housing than the regional average.

Median Household Income

income spent on housing :: 21%

income spent on transportation :: 46%

income remaining :: 33%

All figures from a 0.5 mile radius

Population

Census for 2012 :: 3,409
Projected for 2017 :: 3,443

Travel

Average travel time to work based on 60 minutes.

Income

Employees earning more than $3,333 / mo.

Rental

Average apartment rental for this neighborhood station.

$1,014
Per month

$12,168
Annually

What amenities and services are in the area?
Art     Banks     Bike     Medical     Schools    

Why Equitable Development?

Equitable TOD combines people and place-based approaches to ensure that the value created when land near transit is built out is accessible to, and provides opportunities for, all community residents living near transit.

The market near Five Points station is strong and growing and has a moderate/high probability of changing demographics. Renters are the first to be affected by an increase in property values in a growing market. As the market grows housing values will increase, limiting income diversity.

Achieving Equitable Development

In order to retain current residents and provide access to new amenities and services, Transformation Alliance’s equitable development strategy for this station area is:

  • preserve affordable housing
  • stablize rents to help existing residents stay
  • introduce new compact housing types
  • improve infrastructure around the MARTA station

Employed

Renters

WalkScore

Station data

Site Accessibility
  Station Area Average from all Station Areas  
MARTA Station Typology Designation Urban Core  
MARTA Parking Utilization 0% 51%  
WalkScore 75 69  
Bike Score 54 34  
Journey to MARTA Walk + Bike 51%  
Journey to MARTA Drive + Carpool 2%  
Journey to MARTA Transfer 38%  
Sidewalk conditions (miles) Above Average 13 4  
Sidewalk conditions (miles) Average 17 5  
Sidewalk conditions (miles) Poor 4 4  
MARTA Daily Enteries 22,821 4,882  
Development Opportunities and Context
  Station Area Average from all Station Areas  
MARTA TOD Acreage 0.0  
Adjacent Large Properites Gulch  
Zoning Station or Parking Lot(s) C-1, I-1  
Zoning Adjacent Area(s) R-5, MRC-3-C  
Reccomended Intensity at the Site 1.5-5 FAR  
Current Intensity at the Site Yes (Max FAR 8.2)  
TAD Eastside  
TAD Eligible  
LCI Downtown Atlanta  

Office
  Station Area Average from all Station Areas  
Office - Inventory (SF) 16,895,694 3,964,869  
Office - Vacancy 12.5% 11.90%  
Office - Average Rent $17.34 $14.86  
Office - 10 Year Growth 1% 3%  
Retail
  Station Area Average from all Station Areas  
Retail - Inventory (SF) 6,243,970 1,474,105  
Retail - Average Rent $15.07 $15.47  
Retail - 10 Year Growth 0% 16%  
Housing
  Station Area Average from all Station Areas  
Housing - Inventory (Units) 1,568 2,218  
Housing Density / Acre 3.1 4.4  
Housing - % Renter 57% 56%  
Housing - % Multifamily 5+ Units 86% 53%  
Housing - % Built Since 2000 16% 19%  
Housing - Average Apartment Rents (1 Mile) $1,014 $956  
Housing - Average Apartment Vacancy Rate (1 Mile) 5.9% 7.30%  
Housing - 2012 New Avg. Sales Price (1 Mile) $145,456 $252,596  

Population
  Station Area Average from all Station Areas  
Population 2012 3,409 3,930  
% Change 2000-2012 -10% 10%  
% Change 2012-2017 1% 4%  
From the 2012 Population
  Station Area Average from all Station Areas  
% Generation Y (18-34) 41% 35%  
% Singles 81% 75%  
Median Household Income $36,079 $44,720  
% Employed 61% 62%  
% Use Public Transit 15% 17%  
Employment Base
  Station Area Average from all Station Areas  
Travel Time to Work (minutes) 25.0 27.9  
Number of Employees 73,740 17,075  
Employment Density / Acre 146.7 34.0  
% Employees Earning More than $3,333 per month 48% 54%  
Jobs to Housing Ratio 47.0 7.1  
Past Plans

Arts Center Transit Station Area Enhancements Cost Estimate

2013

Midtown Atlanta transit station enhancements at the Arts Center Station. Total Cost:...

Atlanta Streetcar Transit Enhancements

2012

Atlanta is transforming into a more accessible and livable place with improved mobility, more compact and vibrant real estate development, greater...

City Center LCI

2001

Downtown Atlanta is the center of one of America’s most vibrant and growing communities. The Atlanta region has seen sustained growth for more than...

Green Line Plan

2010

The purpose of this study is to build upon these initiatives and develop an urban design strategy for one of the most challenging areas of Downtown...

Imagine Downtown: Encore

2009

The ten years following the 1996 Centennial Olympic Games bore witness to a renewed spirit of growth and advancement for Atlanta’s city center...

Imagine Memorial Connectivity Study

2014

Extensive access to and from Memorial Drive is essential to service to the surrounding communities. This considered, points of access should be...