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A LOOK AT ATLANTA
Metro Atlanta Real Estate is home to nearly five million people and approximately 130,000 businesses. We at Seegeorgiarealestate.com are only Atlanta Realtors, but Its vibrant economic growth attracts hundreds of companies and thousands of job seekers annually. In fact, metro Atlanta Georgia Real Estate has drawn more newcomers to the area than any other metro in the nation. The reason most folks relocated to Atlanta and the surrounding areas is The area's low cost of living, high employment opportunities and strong, diverse industry base will ensure its continued record-setting growth. Atlanta began as the site for the southern terminus of the state-owned Western & Atlantic Railroad in 1837. Its first buildings were the homes and offices of railroad workers. This village was simply called Terminus until 1843, when it was incorporated as Marthasville in honor of the daughter of a former Georgia governor. In 1845, the town's charter was amended to Atlanta, which some say is a feminized version of Atlantis. Less than 20 years later, Atlanta had become the hub of four railroads and a major manufacturing center. At the outbreak of the Civil War, the city's strategic position and importance as a major distribution center for the Confederate Army's goods made it a primary objective of the Union Army. In 1864, after his victory in the Battle of Atlanta, General William Tecumseh Sherman reduced the city to ashes. The city was rebuilt by determined citizens and emerged as a new metropolis. Atlanta is the cradle of the U.S. Civil Rights movement and this movement is embrace by the citizens of Atlanta and the seegeorgiarealestate team as we pride ourselves on the history of the south and the history that is being created every day in this great city, and is home to the late civil rights leader, Martin Luther King, Jr., who propelled Atlanta and the U.S. forward to realize his dream "that all would be guaranteed the inalienable rights of life, liberty and the pursuit of happiness," regardless of one's skin color. In 1996, Atlanta was the honored city to host the Centennial Olympic Games, which we had the opportunity to attend, and we had a blast as we watched the diving, swimming, and track and field competition, the first time the Summer Games were held in the eastern U.S. Approximately 8 million tickets were sold to Olympic events in Atlanta venues. It is estimated that the Olympics brought between 1.5 and 3 million people to the city and an estimated $5.1 billion in economic impact, and we think as much as we spent at the games we had about 10% of that impact.. Atlanta is the capital of Georgia, and the Economic hub of the Southeast, and a fun town, and a hot town in the summmer time. The Capitol Dome brightens Atlanta's skyline and is layered in 43 ounces of pure gold that was mined in Dahlonega, Georgia, the site of America's first "Gold Rush, and we have visited Lumpkin county during GOLd Rush days and have a great time in the Fall Eating the food and mining for gold and understanding the history behind the early gold rush" Under the provisions of the city charter, the City of Atlanta is governed by a mayor and a 15-member city council that is managed by a council president. The mayor is the chief executive officer who oversees the administration of the city government while the city council is responsible for legislative actions. Atlanta's city limits are primarily within Fulton County while a small portion of the city rests within DeKalb County. The metropolitan area's 28 counties and 130+ municipalities are governed locally by boards of commissioners, city councils and mayors. Today Atlanta's symbol is the Phoenix, a legendary bird of Egyptian mythology that rose from its own ashes with renewed strength and beauty. The seal of the city bears the Phoenix and the Latin term, "Resurgens," which means "rising again." DEMOGRAPHICS CLIMATE METROPOLITAN ATLANTA HISTORY GOVERNMENT ATLANTA MSA POPULATION 2004 Population: 4,857,497 2009 Estimated Population: 5,716,654 MEDIAN AGE: 33.8 2004 Median Household Income: $61,142 2004 Per Capita Personal Income, but ther are some really wealthy families that reside in the Atlanta area: $30,518 CITY OF ATLANTA 2004 Population: 434,771 2004 Median Household Income: $43,174 Elevation at 1,010 feet above sea-level Average Annual Temperature 62.2 degrees Average Monthly Temperature January 43 degrees April 62 degrees July 80 degrees, but mostof the time the highs are in the high nineties and approach one hindred degrees, which send most folks to the swimming pool to cool off whe it becomes HOTLANTA,October 63 degrees Average Monthly Precipitation 4.18 inches 8,376 Square Miles 28 Counties 137 Municipalities METROPOLITAN AREA • • •
Metro Atlanta is home to more than 130,000 business establishments, and the seegeorgia real estate team can help you find a business, buy a business, or sell a business if you are in the Atlanta real estate market, nearly 5,000 of which are manufacturing facilities. Metro Atlanta's companies employ 2.1 million people. Metro Atlanta is home to the headquarters of 25 Fortune 1,000 companies including UPS, BellSouth, Coca-Cola Company, Georgia-Pacific, The Home Depot, a company which we go o often to buy supplies, Delta Air Lines, a company which provides wonderfull flight service, and customer service, The Southern Company and Equifax a credit reporting agency, to name a few. Over 784,000 students are served through metro Atlanta's 27 public school systems that include over 800 elementary, middle and high schools. Metro Atlanta is also home to more than 200 private elementary and secondary schools. Metro Atlanta is home to several Saturday schools (schools that teach in languages other than English) including German, Arabic, Brazilian, Chinese, and two Japanese schools. There is also a full-time Japanese school in the metro area and several high schools offering the international baccalaureate degree. English-as-a-Second Language courses are available in every school district. 45 accredited degree-granting colleges and universities offer more than 400 fields of study to over 190,000 students. Combined, metro Atlanta's two largest public universities, Georgia State University (GSU) and the Georgia Institute of Technology (Georgia Tech) enroll more than 50,000 students each year and are nationally recognized for excellence in their programs. The Atlanta University System (Clark Atlanta University, the Interdenominational Theological Center, Morehouse School of Medicine, Morehouse College, Morris Brown College and Spelman College) is the nation's largest consortium of private African-American colleges; its schools win national honors and enroll more than 10,000 students each year. Metro Atlanta is also home to Emory University whose graduate programs in medicine, law, engineering, and business consistently rank among the nation's top programs. Other top private schools include Agnes Scott College, Mercer University and Oglethorpe University. Nine post-secondary technical institutes offer studies in more than 50 disciplines and are a vital workforce training and retooling resource for the local business communities. Atlanta ranks tenth in the nation for the percent of its population (34.9 percent of adults 25 years and older) that has complete college among the 46 top populated areas. Metro Atlanta has nearly 10,000 hi-tech firms like website design, and google type and yahoo and MSN internet type companies that employ more than 160,000, approximately eight percent of the area's total workforce. Metro Atlanta ranks second in the nation in net new job growth for the last decade, and is still taking charge in this field, adding nearly 525,000 new jobs. Metro Atlanta is forecasted to be the third largest job generator over the next decade. Trade, transportation and utilities industry sector is the area's largest employment category, employing more than 500,000 people or 24.3 percent of Atlanta's workers. Atlanta is home to the Sixth District Federal Reserve Bank. More than 10 international banks have local offices. Nearly 1,100 foreign-based facilities operate out of the metro area, employing 75,000 people. Atlanta is home to 45 foreign consulates, 23 foreign-American chambers of commerce and 39 trade and tourism offices, and enjoys sister-city relationships with 10 international cities. Hartsfield-Jackson Atlanta International Airport is the busiest airport in the world. Atlanta hosts approximately 3,000 conventions annually. EDUCATION BUSINESS AND INDUSTRY ATLANTA MSA INDUSTRY MIX Employment by Sector
• • • • • • • • • • • • • • • • Expansion Management Magazine's "America's 50 Hottest Cities" for Business Expansion & Relocation The rankings are based on site selection consultant surveys. January 2004 Issue 1. ATLANTA, GA 2. Nashville, TN 3. Jacksonville, FL 4. Kansas City, MO-KS 5. Memphis, TN-AR-MS 6. Colorado Springs, CO 7. Phoenix-Mesa, AZ 8. San Antonio, TX 9. Oklahoma City, OK 0. Chicago, IL March 2004 Issue 1. ATLANTA, GA 2. Riverside-San Bernardino, CA 3. Las Vegas, NV 4. San Antonio, TX 5. West Palm Beach, FL 6. Camden, NJ 7. Ft. Lauderdale-Hollywood- Pompano Beach, FL 8. Jacksonville, FL 9. Newark, NJ 0. Suburban Maryland-D.C. Inc. Magazine's "Best Places for Entrepreneurs/ Business" Large Metros CONSTRUCTION 5.4% MANUFACTURING 7.9% INFORMATION 4.5% FINANCIAL ACTIVITIES 6.9% PROFESSIONAL & BUSINESS SERVICES 15.7% LEISURE & HOSPITALITY 9.3% EDUCATIONAL & HEALTH SERVICES 9.9% GOVERNMENT 13.3% OTHER 4.4% T.T.U. 22.8% Source: U.S. Bureau of Labor Statistics, 2003 annual data Note: "Other" includes "Other Services" and "Natural Resources & Mining" HIGH-TECHNOLOGY 1 1
AVIATION Hartsfield-Jackson Atlanta International Airport serves more than 79 million passengers a year, making it the busiest airport in the world. Over 1,200 flights per day take off from Hartsfield-Jackson, carrying nearly 230,000 passengers, non-stop or direct, to 180 domestic and international destinations. More than 80 percent of the U.S. market can be reached via Hartsfield-Jackson within two hours. 45 airlines serve Hartsfield-Jackson. Atlanta is one of only a few U.S. cities to offer rapid rail from inside its airport terminal. Average travel time by MARTA to downtown is 15 minutes. Twenty general aviation airports in metro Atlanta provide ample facilities for private and corporate aircraft. HIGHWAYS Three major highways (I-75, I-85, I-20) converge near the central business district. The perimeter highway (I-285) circles the city in a 62.7-mile loop. Georgia 400 is a six-lane highway providing yet another route to the city via north metro Atlanta. RAIL CSX Transportation and Norfolk Southern each operate more than 100 freight trains in and out of Atlanta daily. Overnight "piggy-back" freight service is available from the ports of Savannah and Brunswick, GA, Jacksonville, FL, New Orleans, LA and Charleston, SC. TRANSPORTATION
• • • • • • • • Home to BellSouth, the nation's largest communications holding company the metro area constitutes the world's largest toll-free calling area- 7,162 miles. BellSouth alone has more than 760,000 miles of fiber optic cable in place throughout metro Atlanta. Industry giants AT&T and Sprint all have major metro Atlanta operations, joined by more than 200 long distance providers. More than ten daily newspapers are published here, including the Atlanta Journal-Constitution and nearly 50 weekly newspapers. The award-winning cable stations CNN, TNT, Headline News, The Weather Channel and The Cartoon Network are based here. 20 television stations, including network affiliates WSB (ABC), WXIA (NBC), WGCL (CBS) and WAGA (FOX), and more than 70 FCC-licensed radio stations broadcast daily from Atlanta. More than 20 regional bureaus of national and international broad- cast and print news operate here, including Associated Press and the Wall Street Journal. TELECOMMUNICATIONS
• • • • • • • With more than 160,000 health services personnel, nearly 16,000 physicians and 60 hospitals (nearly 12,500 beds) in metro Atlanta (12 hospitals in the city), residents have access to one of the most qualified and efficient health care systems in the country. HEALTH CARE • • • MASS TRANSPORTATION With bus and rail services that cover 46 miles of rail, 38 rail stations and 200 bus routes, the Metro Atlanta Rapid Transit Authority (MARTA) has the capacity to transport nearly one million passengers daily. Its extensive geographic coverage spans nearly 1,600 miles. In addition, Cobb County Transit (CCT) & Gwinnett County Transit connects into MARTA at various points. AMTRAK has overnight service to Washington, D.C. through Charlotte, NC and daytime service to New Orleans, LA through Birmingham, AL. Greyhound has more than 70 buses arriving and departing daily. Metro Atlanta has more than two dozen small business incubators focusing on high technology. A sample of these and other R&D facilities includes: Advanced Technology Development Center at Georgia Tech American Cancer Society Biotechnology Development Center (Emory and Georgia Tech) Emory University- Medical Research Facilities Georgia Biomedical Partnership Georgia Center for Advanced Telecommunications Technologies Georgia Research Alliance Georgia Tech Research Institute Morehouse School of Medicine U.S. Centers for Disease Control and Prevention (CDC) Yerkes Regional Primate Research Center Others can be found at www.metroatlantachamber.com RESEARCH AND DEVELOPMENT ATTRACTIONS
• • • • • • • • • • • MAJOR SITES Atlanta Botanical Gardens The Carter Presidential Center CNN Center Georgia's Stone Mountain Park Martin Luther King Jr. Center and National Historic Site Sci-Trek Six Flags Over Georgia Underground Atlanta White Water Park Woodruff Arts Center The World of Coca-Cola Zoo Atlanta ARTS AND CULTURE Alliance Theatre ArtScape Atlanta Ballet Atlanta Cyclorama Atlanta Dogwood Festival Atlanta History Center Atlanta Opera Atlanta Symphony Orchestra Center for Puppetry Arts The Fernbank Museum of Natural History High Museum of Art National Black Arts Festival The Swan House The Wren's Nest
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Six Sports Franchises: Atlanta Braves (National League- Baseball), Atlanta Hawks (National Basketball Association), Atlanta Falcons (National Football League), Atlanta Thrashers (National Hockey League), Atlanta Silverbacks (American Professional Soccer League), Georgia Force (Arena Football). State-of-the-Art Sports Facilities: Georgia Dome, Turner Field, Philips Arena, Atlanta Motor Speedway, Road Atlanta, Georgia International Horse Park, Georgia World Congress Center, Stone Mountain Tennis Complex, Wolf Creek Shooting Complex, the Dick Lane Velodrome, Gwinnett Sports and Cultural Center. Beautiful Sites for Golf: More than 100 public, private and semi-private golf courses; over 300 golf days per year. Major golfing events- BellSouth Golf Classic (PGA), THE TOUR Championship, Chick-fil-A Charity Championship (LPGA), Sarazen World Open, Nike Tour Championship. Other Major Sporting Events: Chick-fil-A Peach Bowl, SEC Championship, Atlanta Football Classic, Georgia Games, NASCAR, Tour de Georgia, Titan Games, Peachtree Road Race, to name a few. Home of the Atlanta Lawn Tennis Association (ALTA), the second largest local tennis association in the nation with more than 80,000 members playing on over 200 public tennis courts. Prospects who need more information about metro Atlanta or con- fidential help and one-stop assistance are invited to call the Chamber's Economic Development Division at 404.586.8446, email to jgilman@macoc.com, or fax their request to 404.586.8464. The Chamber's Web sites offer information at www.metroatlantachamber.com and www.AtlantaSmartCity.com. The Economic Development Division can provide immediate information and direct assistance in all aspects of site location planning including: commercial and residential real estate, business taxes and incentives, talent recruitment & compensation, access to university resources & school information, employee training at all levels, and more. Atlanta Convention & Visitors Bureau 233 Peachtree Street, N.E., Harris Tower, Suite 100 Atlanta, GA 30303 404.521.6600 www.atlanta.net Atlanta History Center 130 West Paces Ferry Road, N.W., Atlanta, GA 30305-1366 404.814.4000 www.atlantahistorycenter.com City of Atlanta 55 Trinity Avenue, S.W., Atlanta, GA 30303 404.330.6000 www.ci.atlanta.ga.us Georgia Department of Economic Development 75 Fifth Street, N.W., Suite 1200 Atlanta, GA 30308 404.962.4000 www.georgia.org Atlanta Journal-Constitution 72 Marietta Street Atlanta, GA 30302 404.526.5151 www.ajc.com MARTA Route & Fare Information 2424 Piedmont Road Atlanta, GA 30324 404.848.5000 www.itsmarta.com OTHER SOURCES OF INFORMATION INCLUDE: Atlanta Development Authority www.atlantada.com Economic Forecasting Center at GSU http://rcbweb.gsu.edu/efc/ Georgia Department of Labor www.dol.state.ga.us Georgia Power Resource Center www.georgiapower.com/grc Georgia Public Policy Foundation www.gppf.org Greater Atlanta Home Builders www.atlantahomebuilders.com Hartsfield International Airport www.atlanta-airport.com Sales and Marketing Management www.salesandmarketing.com The Atlanta Regional Commission www.atlantaregional.com The U.S. Census Bureau www.census.gov Sources: Atlanta Regional Commission's Atlanta Region Outlook, Chamber Publications' Sports Atlanta, Sales & Marketing Management's Survey of Buying Power, U.S. Bureau of the Census Georgia's corporate income tax is 6% State sales tax base rate is 4% and localities have the option to add up to 3%. Personal Income Tax Single Taxpayer = $230.00 + 6% of amount over $7,000 Married filing Separate = $170.00 + 6% of amount over $5,000 Married filing Joint = $340.00 + 6% of amount over $10,000 Property taxes are assessed on a county-by-county basis. SPORTS AND RECREATION INFORMATION SOURCES TAXES METRO ATLANTA CHAMBER PUBLICATIONS • • • • • • • • The Metro Atlanta Chamber of Commerce produces several publications about Atlanta. The Chamber's brochures, directories and periodicals describe the social and economic aspects of living and working in the metro Atlanta area.
What a difference a decade can make in Atlanta. In this short span of time, the charm and history behind the wooded, rolling countryside of Atlanta have blended dramatically into the dynamic, diverse and distinctive residential and business environment of today.
Atlanta's commitment to quality of life and attention to infrastructure issues has enticed corporations worldwide to locate in North Fulton County. Each of the Fortune 500 and over 650 international firms now have an office in the Greater Atlanta area. Many of these corporate giants have already purchased Atlanta real estate and have called Atlanta home.
Atlanta is exciting, entertaining, friendly, and full of possibility. There are great restaurants, excellent theaters and museums, a thriving music and club scene, and world-class professional sports teams that makes Atlanta great. The city and the weather rock. Winters are mild, summers are hot and humid, and fall is just excellent. And spring? Well, spring is nothing short of a mind-blowing, completely distracting riot of color and activity. And the best part of being in Atlanta? You'll be able to live, eat, and play for less than the cost of an apartment and subscription to the Times in New York.
If you're looking for side-work opportunities, it just so happens Atlanta is home to some of the world's most respected companies. Coca-Cola, CNN, Mindspring, Delta. We're dialed into a strong professional community of advertising, design, and interactive firms. Now, if you're a savvy reader, you've probably figured out that this means ample opportunity to freelance.
So, welcome to Atlanta. Call me when you are ready to buy or sell Atlanta real estate, or if you just want to chat about real estate. Have fun, enjoy the weather, meet your neighbors. Atlanta Real Estate is in demand and you should take advantage of the bargans.
Atlanta Real Estate Buying
Population (year 2000): 416,474, Est. population in July 2004: 419,122 (+0.6% change)
Males: 206,725 (49.6%), Females: 209,749 (50.4%)
Elevation: 1050 feet
County: Fulton
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Local government website: www.ci.atlanta.ga.us
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