For cities around the country, well-designed community greenspaces have resulted in significant and measurable economic benefits. Similar projects like The Rose Kennedy Greenway in Boston; Brooklyn Bridge Park and the High Line, both in New York; Klyde Warren Park in Dallas; and Olympic Sculpture Park in Seattle created billions of dollars in new commercial property value, enhancing the tax base and adding thousands of jobs and residential units for their respective cities.
The proposed greenspace over the Georgia 400 freeway would reconnect the two halves of Buckhead forming a single walkable space, transforming automobile trips into pleasant walks. Situated above road traffic and at the critical junctions of Peachtree, Lenox, MARTA, the BeltLine and PATH400, the greenspace would serve as the central transportation hub and community space in the area, and become a treasured destination within the growing trail network in Atlanta.
Hub404 Atlanta GA promises increased community connectivity, creating both cultural and artistic enrichment opportunities with programing that responds to the desires of communities throughout Atlanta.
$1.9 billion increase in commercial property value within ten years, yielding $940 million in net new property tax revenue over 20 years; 16,000 construction jobs and 11,000 permanent jobs; and an estimated 2.3 million new MARTA rides per year, yielding $2.5 million net new annual revenue to support MARTA operations.
From the obvious to the subtle, HUB404 Atlanta GA will be constructed with environmental sustainability in mind. A shaded allée of trees will span the length of the greenspace, replacing a sunbaked freeway with a world class city-center. An innovative water reclamation system will utilize eco-engineering processes to capture rainwater and clean waste water for irrigation and other uses; a robust tree canopy will connect citizens and nature and cool the environment; eco-friendly landscaping will promote pollinator habitats; and solar energy capture and utilization will all be built into HUB404 Atlanta GA.