Amtrak & the Beltline Revisited

I am happy to hear that Amtrak, the Georgia Department of Transportation, the City of Atlanta and the Beltline folks have resolved the issue of Amtrak and the future State funded Commuter Rail service using the Northeast corridor of the proposed Beltline right of way for heavy rail. The parties seem to have figured out that the best solution, as mentioned in my February 1st blog, is the western route, that roughly follows Marietta Street from Downtown Atlanta to the main rail line out near the Atlanta Waterworks complex. Their proposed route along the Northeast corridor would have surly harmed, if not killed the Beltline project. It would have also further eroded the tax base in the neighborhoods adjacent to the corridor. This resolution is great news for every commercial and residential real estate practitioner in the Intown Atlanta market as well as Intown Atlanta residents and their great, historic neighborhoods.