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Georgia State University

2017

Gentrification

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Sustainable For Whom? Green Urban Development, Environmental Gentrification, And The Atlanta Beltline, Daniel Immergluck, Tharunaya Balan Jan 2017

Sustainable For Whom? Green Urban Development, Environmental Gentrification, And The Atlanta Beltline, Daniel Immergluck, Tharunaya Balan

USI Publications

Large-scale, sustainable urban development projects can transform surrounding neighborhoods. Without precautionary policies, environmental amenities produced by these projects, such as parks, trails, walkability, and higher-density development, tend to result in higher land and housing costs. This will make it harder for a low- and moderate-income households to live near the projects, and neighborhoods are likely to become increasingly affluent. The Atlanta Beltline will ultimately connect 45 Atlanta neighborhoods via a 22-mile loop of trails, parks, and eventually a streetcar, all of which follow abandoned railroad tracks. This paper examines the effect of the Beltline on housing values within one half …