I recently had the opportunity to sit down with a young, hopeful person who has decided to run for city council. This candidate has focused on issues of inclusion and equity as cornerstone principles. While I fully support these principles in the abstract, I want to know immediately what specific policies would be rolled out to promote these goals. I treasure these opportunities to change minds and dismantle perceptions and expectations. It also gives me a chance to work through theories bouncing around in my head in real time as well.
Affordable housing is now and will continue to be an exceedingly important and challenging need for cities across the nation, and Atlanta is no exception. More and more people are looking to live closer to where they work, live, learn, and play. We have a very limited amount of land that qualifies as walkable urban, and not even all of that has access to MARTA rail. This scarce resource is rapidly becoming more expensive as a large and growing number of people compete for the limited amount of available housing. The Beltline is sparking further demand, speculation, hope, and price appreciation as single-family homes and commercial properties become more desirable within this hoped-for walkability.
Urban redevelopment is our bread and butter at KWA, and we’ve come to understand that attempting to renovate a building built 50-100 years ago is full of challenges. Zoning requirements based on suburban development – but applied to urban areas as well – place tough restrictions and requirements on land use, parking requirements, and setbacks. Financing small mixed-use projects can be challenging even to those with deep pockets due to unanticipated obstacles. And if you manage to make it through all those hoops, our current building codes throw up a range of additional hurdles. We often see folks manage to overcome a range of challenges only to get bogged down in figuring out how to meet new building code requirements without breaking their budget. As we’ve navigated these obstacles ourselves we’ve developed a clear understanding of what to expect and how to best get through or around a lot of these issues. We recently put together a roadmap to help folks work through the code hurdles for a typical, two-story main street type building. Follow the link below to find the downloadable presentation file.
I had the chance to listen to the Strong Towns podcast about a failed mixed use redevelopment attempt via a 203k loan with Ian Rasmussen. Listening to the story, I felt Ian’s pain. I’ve made a few previous warning comments regarding 203k loans to folks in the Small Builder/Developer Facebook Group. I’m going to take this opportunity to share as much as I can regarding this loan product so folks can make as educated a decision as possible regarding funding source for mixed-use projects.