Buckhead Moratorium Implemented


In an effort to curb growing traffic concerns, legislation introduced by the Atlanta City Council has caused the Mayor to sign an executive order temporarily prohibiting developers from applying for new projects unless they conform to newly proposed limits.

Atlanta City Council members Howard Shook and Yolanda Adrean, who both represent parts of Buckhead, have introduced legislation that would create a “Buckhead Parking Overlay District.” This overlay would effectively reduce the number of parking spaces for retail, office, lodging and residential buildings in “high density environs” in Buckhead. The moratorium prevents new development applications while public hearings are held unless the projects include the proposed restrictions.

From a preliminary review, the measure seems to be aimed primarily at high density residential developments and limited to certain sectors of Buckhead. However, the Government Affairs staff is already working with the city and other real estate associations on this matter to assure private property rights are not infringed upon.

Monday, October 2, 2017
Atlanta REALTORS® AssociationThe Voice of Real Estate in Atlanta | © 2017 Privacy Policy