To determine rentable square footage, the team multiplied industry-standard occupancy and usable square footage percentages by projected new development square footages for each space use type.
Residential
Retail
Parking
Hotel
Rentable SF
Jobs
Rentable SF
Jobs
Rentable SF
Jobs
Rentable SF
Jobs
Phase 1 – 2030 to 2035
4,172,461
196
97,907
244
1,065,260
71
0
0
Phase 2 – 2036 to 2044
2,230,012
172
75,480
107
571,007
59
245,671
246
Phase 3 – 2045 onwards
3,652,377
196
42,840
245
879,760
71
0
0
Source: Central Atlanta Progress
The following table shows a sectoral breakdown used to determine the economic impact of businesses that are projected to fill the spaces of new real estate developments.
Sector Total Rentable SF (Cumulative of all Phases)
Space Usage as a Percentage of All Sector Space
Sector
Industry
Industry SF Usage
Jobs
Residential
10,054,849
Services to buildings
100%
10,054,849
473
Retail - Motor vehicle and parts dealers
3%
6,487
16
Retail - Furniture and home furnishings stores
Retail
216,228
3%
6,487
16
Retail - Electronics and appliance stores
3%
6,487
16
K-64
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