Gentrification and Krog Street Market

Cost of home near Krog Street Market in August 2013

Cost of home near Krog Street Market in August 2013 (one year before Krog Street Market opened)

Cost of home near Krog Street Market in August 2014 (same month Krog Street Market opened)

Cost of home near Krog Street Market in August 2014 (same month Krog Street Market opened)

Price of a home near Krog Street Market in August 2016

Cost of home near Krog Street Market in August 2016 (two years after Krog Street Market opened)

Krog Street Market has had a huge impact on the home prices surrounding it. As illustrated, the price of a single home one block from the market (49 Waddell Street, Atlanta, GA 30307) increased almost $130,000 in just three years thanks to the creation and building of Krog Street Market. The building of both the Beltline and Krog Street Market has contributed to Atlanta’s gentrification. As the prices of homes around the Beltline and Krog Street Market increase, only the affluent will be able to afford them. This trend of gentrification has been displacing lower-income and minority residents with higher income, white families.

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