Season’s Greetings to all our clients and friends!

BAG Xmas Image 2018.png

Thank you for making 2018, our 18th year in business, the most rewarding yet.
 
Reflecting on the past year in real estate and economic development and the trends that shaped our work, the first word that comes to mind is WOW!
 
Not only did the quality growth trends in our Atlanta region continue on an upward trajectory, the trends accelerated, confirming that our region continues to serve as a shining light in the nation, out front in attracting innovative jobs, seeking cutting-edge answers in the transportation field, and pushing real estate and economic development boundaries. 

The progress is real and sustained but many challenges lie ahead. Creative solutions still elude us on many fronts.  Among the most important are addressing the transportation and housing affordability issues that come hand-in-hand with being one of the country’s fastest growing regions. 
 
We had the privilege of working on some truly gratifying projects over the past year on these fronts. Notably, ULI Atlanta engaged us to identify the issues and possible solutions regarding equitable housing in the region. We are very pleased that this work informed the HouseATL taskforce that will, no doubt, continue to be the city’s most effective initiative addressing housing affordability.
 
Our work in the housing field expanded in 2018. We completed a county-wide housing study that examined the issues of a stagnant housing market in the Greater Dalton, GA area. Other assignments for public sector clients took us to various corners of Georgia in 2018: Forsyth County, Milledgeville, Troup County/LaGrange, and Newnan, to name just a few. We currently are part of a team working with the City of Asheville, NC to find innovative ways to increase attainable housing on publicly-owned properties. We see that our input is contributing to more equitable access to housing throughout the Southeast and we are glad to have the opportunity to do so.
 
At the same time, we have helped a variety of private sector residential developers understand the supply and demand conditions and their implications that are relevant to their potential developments.
 
Speaking of the public and private sectors, we continued our work this year in helping Georgia communities use their economic development toolkits to attract quality development through public private partnerships. For example, we recently helped create the first Tax Allocation District authorized by Bartow County, GA. We also provided implementation and public financing services for municipalities across the state. Our work in this area for the team redeveloping Fort MacPherson has helped to move that very important project in Southwest Atlanta closer to realization. 
 
In search of innovative transportation answers, we are grateful to have the opportunity to work on a team of seasoned professionals on the DeKalb County Transit Master Plan that is in the works. Stay tuned in 2019 for exciting recommendations on that front.
 
We continue to help smaller cities rediscover the value of their historic downtowns and leverage them as catalysts for economic growth. We worked with cities statewide to transform downtowns and commercial corridors into more walkable mixed-use places that are in high demand. In addition to work in Atlanta-area cities such as Duluth, Woodstock, Tucker, and others, we found great opportunities for downtown development in Evans, just outside of Augusta.
 
We helped several Atlanta-area Community Improvement Districts (CIDs), and their leaderships, chart their path forward to improve the built environment for their constituents.
 
Finally, the year was full of positive changes to our staff. Most importantly, firm founder Ken Bleakly, and his stalwart wife Barb, decided it was time to make the move to the beach. They now call St. Simons, GA home as Ken continues to service many clients along the Georgia coast. The rest of us here at Bleakly Advisory Group headquarters in Midtown Atlanta still look to Ken for wisdom and guidance as we work with the rest of our wonderful clients and colleagues.
 
As the Atlanta region, and the Southeast, continue to grow we hope you have a wonderful rest of 2018 and we look forward to working with you in the new year.
 
 
Geoff Koski
President
Bleakly Advisory Group, Inc.
www.blagroup.com 

Subscribe for updates HERE.