High Rises in East Point? (Decatur, Conley: crime, houses, buy)

[waronxmas]

Originally Posted by atler8

I may have missed it but did that poster from NYC cite an eample of a 2 br. condo on the market in East Point for a million $ or even $600,000? If so, where is that condo development?
At this time I can foresee new apartment & condo development occurring in East Point in the downtown & MARTA corridor that reflect the going market rate there, not leading it into the luxury market. So, the idea of NYC prices in East Point is a moot point, a kind of a straw man thing in and of itself unless I overlooked a link that pointed to such a development.
I have walked through & driven around a lot of East Point, including neighborhoods far away from the downtown core in that city & the reality is that very little of that small city strikes me as being "ghetto".
But rather, vast areas of it, especially as you head west away from the MARTA corridor in downtown, turn into attractive post WW2 suburban neighborhoods with rolling & wooded topography.
I look at downtown East Point as a place with great potential that will become another node of new urbanism sparked by it's closein location & proximity to MARTA. Though not present particularly at this time, that potential could lead to mid & high rise development.

You said it better than I did. Anyone who has spent any length of time in East Point and has walked away thinking it is "ghetto" must be from small country town with no basis for what "ghetto" is.

"Untapped potential" is the best way to describe the place. Of course, that is just as much a problem from lack of investment from developers as it is the NIMBYism of long time residents. Not that I'm hating too much on that latter point though. What became Camp Creek Marketplace was originally planned for Downtown East Point. That monstrosity was shot down and banished to the other side of Stone road where it belongs.

[Ant131531]

There's 'untapped' potential in many areas around the metro so why should East Point be over these other potential areas. That's what I'm curious about.

[atler8]

Ant:
It doesn't need to be looked upon as East Point "over" the other areas in the metro, but rather in conjunction with. I said something to this effect earlier when I wrote that in view of 5.5 million plus residents, there are an enormous number of areas with potential in Greater Atlanta.
I'm merely suggesting that East Poiunt has a particular strong set of superlatives in it's favor for a new, denser development in it's own core given it's closein location & proximity to MARTA. Plus, land costs there are relatively low at this time

[JoeTarheel]

Originally Posted by Ant131531

There's 'untapped' potential in many areas around the metro so why should East Point be over these other potential areas. That's what I'm curious about.

You keep injecting these replies as if they are to an actual comment. Did someone say that East Point should be developed at the expense of other potential areas? If they did I missed it...The main point of contention has been your assertion that there are no and will not be any highrises in East Point, and several people have responded that there already are highrises.

I do think that East Point's location (close in, sharing a border with the city of Atlanta, and inside the Perimeter) along with MARTA and highway access bodes well for possible future development and possibly some highrise development. Someone already mentioned the Fort McPherson redevelopment and how that will spawn additional projects in the surrounding area...that could possibly be a catalyst.

[Atlanta_BD]

Originally Posted by Ant131531

Exactly....who's going to pay NYC prices to live in a suburb in a southern metropolis that can barely live off of sub-par transit and high traffic?

I also looked at apartments in the same area I saw the condo you quoted me on. Two bdrm apartments were also starting at $1600 a month. I would not pay that in rent to live in an Atlanta suburb either.

[Ant131531]

Originally Posted by atler8

Ant:
It doesn't need to be looked upon as East Point "over" the other areas in the metro, but rather in conjunction with. I said something to this effect earlier when I wrote that in view of 5.5 million plus residents, there are an enormous number of areas with potential in Greater Atlanta.
I'm merely suggesting that East Poiunt has a particular strong set of superlatives in it's favor for a new, denser development in it's own core given it's closein location & proximity to MARTA. Plus, land costs there are relatively low at this time

Land costs are low for a reason. ROI would not be high enough at this moment in time nor anytime in the past. This is why new developments have not been built in East Point. There may be a 'strong set of superlatives', but there are also a strong set of cons with the area. The most being that right now, the central portion of East Point is still located within a surrounding area of high crime. DT East Point might be nice, but crime surrounding that area is still high and that's still considered a undesirable part of the metro area. You can't tell me crime isn't high in that area because I will find every crime map and show you personally.

East Point is #2 in the metro for crime. Metro Atlanta crime rates map | Map | ajc.com

[atler8]

I'll repeat my earleir question. Could someone enlighten me as to where these $1,600 per month 2 br. suburban apts. & correspondingly high priced condos are located?

[atler8]

I never said that crime was not high in East Point I merely pointed out that it has a strongly positive potential for development in it's inner core.
You are so fixated here on finding anything that is negative about East Point & now focusing on crime stats. What will be the next set of warts that you unearth?
When I moved here, downtown Decatur was falling apart & becoming a dead zone & people were shunning living in the city as it's population was collapsing amidst race-based & crime-based fears.
Over time, things turned around & I believe that the samething is possible for East Point.
Why is that so hard for you to understand?

[JoeTarheel]

Originally Posted by Ant131531

Land costs are low for a reason. ROI would not be high enough at this moment in time nor anytime in the past. This is why new developments have not been built in East Point. There may be a 'strong set of superlatives', but there are also a strong set of cons with the area. The most being that right now, the central portion of East Point is still located within a surrounding area of high crime. DT East Point might be nice, but crime surrounding that area is still high and that's still considered a undesirable part of the metro area. You can't tell me crime isn't high in that area because I will find every crime map and show you personally.

East Point is #2 in the metro for crime. Metro Atlanta crime rates map | Map | ajc.com

What makes you so sure that there aren't developments in East Point? There is a 6 story apartment building under construction at 1285 Cleveland Avenue...check google maps - it has a nice photo of it. Also check 2466 Main Street: 2465 Main Street, East Point GA - Trulia Those are two developments that I know of...I'm sure there are others.

Just like any other city of 40,000, East Point has pockets of high crime mixed with many safe/middle class areas that are very calm and serene. It's certainly not fair to paint the entire area as one in the same. People do that with Atlanta all the time, when we all know there are very different areas of Atlanta with very different crime rates.

[Ant131531]

Originally Posted by JoeTarheel

What makes you so sure that there aren't developments in East Point? There is a 6 story apartment building under construction at 1285 Cleveland Avenue...check google maps - it has a nice photo of it. Also check 2466 Main Street: 2465 Main Street, East Point GA - Trulia Those are two developments that I know of...I'm sure there are others.

Just like any other city of 40,000, East Point has pockets of high crime mixed with many safe/middle class areas that are very calm and serene. It's certainly not fair to paint the entire area as one in the same. People do that with Atlanta all the time, when we all know there are very different areas of Atlanta with very different crime rates.

Those crime stats are much above the average...that's not very good..it's higher than the city of Atlanta itself...that should tell something...and it's not 'just like any other city above 40,000'. Sandy Springs, Dunwoody, and Alpharetta crime stats are nowhere near East Point's. That's not a normal crime rate at all and every city has nice areas, but no one wants to be in a nice neighborhoods surrounded by the hood because then crime simply spills over into those 'nice areas'. If I had a choice between Sandy Springs and East Point, Sandy Springs would be the obvious choice. East Point is also no where near as large as Atlanta in land area so it's also bad that its crime is higher because then crime is concentrated in a smaller area. Just admit, East Point is not a very safe city within the metro....it's much above the metro's average. Even gays have no went in to pioneer the area yet.