O&M Costs for Tunnels
O&M Costs for Parks
Other Community Benefits
$6,600,000 / yr (cumulative)
$11,495,484 / yr (cumulative)
$1,000,000 / yr (cumulative)
Phase 3 – 2037 onwards
Source: Central Atlanta Progress
APPENDIX 3: ADJACENT EXISTING BUSINESSES The table below summarizes phased revenue assumptions for adjacent existing businesses associated with the construction of the Stitch. We estimate that the Stitch will lead to a 20 percent and 10 percent increase in revenue for businesses within a quarter mile and half mile from the Stitch, respectively.
Businesses within 1/4 mi from the Stitch
Baseline Annual Revenue in Existing Businesses
Increased Annual Revenue in Existing Businesses
Baseline Annual Revenue
Estimated Increase in Annual Revenue
(1/4 – 1/2 mi from the Stitch)
(1/4 – 1/2 mi from the Stitch)
$85.8 million / yr (cumulative)
$5.2 million / yr (cumulative)
$261.5 million / yr (cumulative)
$7.8 million/ yr (cumulative)
Phase 1 – 2030 to 2032
$85.8 million/ yr (cumulative)
$12 million / yr (cumulative)
$261.5 million / yr (cumulative)
$18.3 million / yr (cumulative)
Phase 2 – 2033 to 2036
$85.8 million / yr (cumulative)
$17.2 million / yr (cumulative)
$261.5 million / yr (cumulative)
$26.1 million / yr (cumulative)
Phase 3 – 2036 onwards
Source: Central Atlanta Progress
APPENDIX 4: CONSTRUCTION OF REAL ESTATE REDEVELOPMENT PROJECTS Per the Stitch Master Plan, the team included the following redevelopment in the analysis.
Hotel SF
Retail SF
Residential SF
Parking SF
Total
0 sf
135,000 sf
5.9 million sf
1.5 million sf
7.5 million sf
Phase A – 2026 to 2029
K-62
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