Which “Mini-Downtown Area” Will Be The Next to BOOM!?
Alpharetta, Milton, Marietta, and many more have seen their downtown areas skyrocket in the past 5 years. The ability for residents to live, work, and play all within the same square mile has become incredibly intriguing for those younger & nearing retirement. A great example is downtown Alpharetta. What used to be a strip of restaurants & shoppes has spiraled into a booming downtown area with 100s of millions in private & public investment. It has done so well in fact, many towns are going for the same approach.
Take the downtown Milton area, aka “Downtown Crabapple”. This up and coming downtown area has quadrupled in size primarily in the past 3 to 4 years. The city has added their own city hall. There is Crabapple Market which contains restaurants, small businesses, & breweries. Developers are flocking to the opportunity to build new neighborhoods, & there have even been proposals to build a small boutique hotel.
They are not the only ones however–Downtown Suwanee, the Marietta Square, and many many others have gone for the same blueprint.
The big picture here…These investments that cities & investors are making naturally drive up local housing prices. This comes in part from many fleeing out of large metro areas like Buckhead & Brookhaven for nearby smaller towns with many of the same amenities, lower taxes, lower crime & better schools.
The question you might be wondering–where the next boom-town might be? Luckily for you, it often takes time for people to realize what is happening right in front of their eyes. While you wouldn’t exactly be jumping in at the beginning, many (including myself) believe the downtown Milton/Crabapple area is bound to be the next Alpharetta.
What are your thoughts? I would love to hear your opinions on this topic, feel free to reply back to this email.
Posted by Carson Hulak on
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