Hoping to resuscitate a portion of Atlanta's heart
After languishing for years as a tacky, costly hole, Underground Atlanta, a 12-acre complex of viaducts and storefronts, is set for another makeover
Atlanta
THERE was a time in the 1960s when Underground Atlanta, a 12-acre complex of viaducts and storefronts in the heart of downtown, was billed as this city's answer to Bourbon Street. In the 1980s, it was reimagined as a tourist-friendly "festival marketplace" full of novelty retailers angling to attract out-of-town conventioneers. When that idea faltered, there was talk of turning it into a casino.
Today, after languishing for years as a tacky, costly hole in the centre of the city, Underground is due for its next major makeover, one based on a radical concept for this sprawl-loving metropolis: people might actually want to live downtown.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand