Station Summary

King Memorial is on the Blue/Green line. The station is located in a mostly residential area. Residents living near King Memorial spend less than the regional average on housing and transportation. In this area, the average resident drives 5,384 fewer miles annually than the regional average. Additionally, the average resident living near King Memorial spends $11,756.78 less per year on housing than the regional average.

Median Household Income

$48,699/yr

income spent on housing :: 17%

income spent on transportation :: 26%

income remaining :: 57%

All figures from a 0.5 mile radius

Population

Census for 2012 :: 4,170
Projected for 2017 :: 6,380

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.

$1,074
Per month

$12,888
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 King Memorial station is 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:

  • improve access to jobs in other areas,
  • create and preserve affordable housing
  • expand jobs and services for existing residents

Employed

Renters

WalkScore

Station data

Site Accessibility
  Station Area Average from all Station Areas  
MARTA Station Typology Designation Neighborhood  
MARTA Parking Utilization 0% 51%  
WalkScore 85 69  
Bike Score 54 34  
Journey to MARTA Walk + Bike 27%  
Journey to MARTA Drive + Carpool 1%  
Journey to MARTA Transfer 57%  
Sidewalk conditions (miles) Above Average 0 4  
Sidewalk conditions (miles) Average 4 5  
Sidewalk conditions (miles) Poor 10 4  
MARTA Daily Enteries 1,941 4,882  
Development Opportunities and Context
  Station Area Average from all Station Areas  
MARTA TOD Acreage 4.0  
Adjacent Large Properites Vacant Lots  
Zoning Station or Parking Lot(s) C-1, O-I, RA-5, R-75, RM-75  
Zoning Adjacent Area(s)  
Reccomended Intensity at the Site 3-10 FAR  
Current Intensity at the Site Underway  
TAD Eastside  
TAD Eligible  
LCI Downtown Atlanta  

Office
  Station Area Average from all Station Areas  
Office - Inventory (SF) 619,683 3,964,869  
Office - Vacancy 22.2% 11.90%  
Office - Average Rent $13.14 $14.86  
Office - 10 Year Growth -6% 3%  
Retail
  Station Area Average from all Station Areas  
Retail - Inventory (SF) 600,719 1,474,105  
Retail - Average Rent $18.80 $15.47  
Retail - 10 Year Growth 8% 16%  
Housing
  Station Area Average from all Station Areas  
Housing - Inventory (Units) 2,754 2,218  
Housing Density / Acre 5.5 4.4  
Housing - % Renter 59% 56%  
Housing - % Multifamily 5+ Units 60% 53%  
Housing - % Built Since 2000 25% 19%  
Housing - Average Apartment Rents (1 Mile) $1,074 $956  
Housing - Average Apartment Vacancy Rate (1 Mile) 6.6% 7.30%  
Housing - 2012 New Avg. Sales Price (1 Mile) $173,553 $252,596  

Population
  Station Area Average from all Station Areas  
Population 2012 4,170 3,930  
% Change 2000-2012 -28% 10%  
% Change 2012-2017 53% 4%  
From the 2012 Population
  Station Area Average from all Station Areas  
% Generation Y (18-34) 28% 35%  
% Singles 79% 75%  
Median Household Income $24,005 $44,720  
% Employed 62% 62%  
% Use Public Transit 8% 17%  
Employment Base
  Station Area Average from all Station Areas  
Travel Time to Work (minutes) 25.3 27.9  
Number of Employees 6,498 17,075  
Employment Density / Acre 12.9 34.0  
% Employees Earning More than $3,333 per month 44% 54%  
Jobs to Housing Ratio 2.4 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:...

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...

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...

King Memorial Vision

The vision for the King Memorial station transit-oriented development is to create a residential focal point that compliments the MARTA train station...

Old Fourth Ward Master Plan

2008

The Old Fourth Ward is a dynamic and diverse neighborhood with a rich history. Like many Atlanta neighborhoods, it is facing significant...