Station Summary

Peachtree Center is on the Red/Yellow line. The station is located in a mostly residential area. Residents living near Peachtree Center spend less 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 Peachtree Center 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 :: 13%

income remaining :: 66%

All figures from a 0.5 mile radius

Population

Census for 2012 :: 6,646
Projected for 2017 :: 6,912

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.

$1,105
Per month

$13,260
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 Peachtree Center 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. There is a risk of residents being displaced as the market grows.

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 97 69  
Bike Score 56 34  
Journey to MARTA Walk + Bike 93%  
Journey to MARTA Drive + Carpool 1%  
Journey to MARTA Transfer 4%  
Sidewalk conditions (miles) Above Average 13 4  
Sidewalk conditions (miles) Average 15 5  
Sidewalk conditions (miles) Poor 2 4  
MARTA Daily Enteries 7,633 4,882  
Development Opportunities and Context
  Station Area Average from all Station Areas  
MARTA TOD Acreage 0.0  
Adjacent Large Properites None  
Zoning Station or Parking Lot(s) C-2, R-5  
Zoning Adjacent Area(s) I-1, R-LC  
Reccomended Intensity at the Site 1.5-5 FAR  
Current Intensity at the Site Yes MAX FAR (3.696)  
TAD Westside  
TAD In  
LCI Downtown Atlanta  

Office
  Station Area Average from all Station Areas  
Office - Inventory (SF) 22,544,293 3,964,869  
Office - Vacancy 15.6% 11.90%  
Office - Average Rent $17.90 $14.86  
Office - 10 Year Growth 3% 3%  
Retail
  Station Area Average from all Station Areas  
Retail - Inventory (SF) 8,480,147 1,474,105  
Retail - Average Rent $21.96 $15.47  
Retail - 10 Year Growth 9% 16%  
Housing
  Station Area Average from all Station Areas  
Housing - Inventory (Units) 3,317 2,218  
Housing Density / Acre 6.6 4.4  
Housing - % Renter 65% 56%  
Housing - % Multifamily 5+ Units 84% 53%  
Housing - % Built Since 2000 25% 19%  
Housing - Average Apartment Rents (1 Mile) $1,105 $956  
Housing - Average Apartment Vacancy Rate (1 Mile) 7.0% 7.30%  
Housing - 2012 New Avg. Sales Price (1 Mile) $145,456 $252,596  

Population
  Station Area Average from all Station Areas  
Population 2012 6,646 3,930  
% Change 2000-2012 78% 10%  
% Change 2012-2017 4% 4%  
From the 2012 Population
  Station Area Average from all Station Areas  
% Generation Y (18-34) 25% 35%  
% Singles 82% 75%  
Median Household Income $25,249 $44,720  
% Employed 58% 62%  
% Use Public Transit 17% 17%  
Employment Base
  Station Area Average from all Station Areas  
Travel Time to Work (minutes) 26.0 27.9  
Number of Employees 82,168 17,075  
Employment Density / Acre 163.5 34.0  
% Employees Earning More than $3,333 per month 53% 54%  
Jobs to Housing Ratio 24.8 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...

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...