Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-24

The opening gun has been fired in
the local fall real estate trading in
the conveyance of No. 52S Peachtree
street from Jonathan b Frost tn
charles p. Byrd, and real estate deal
ers are predicting that from nov
through spring the market will be
unusually brisk. That they believe
TINS genuinely is evidenced by the
jump IN the volume of real estate
advertising, both daily and Sunday. Of
the past two weeks. Signs hung out
for prospective buyers. land dealers
beIeve, viii bring splendid results.
For some time there has been much
speculation as to where the trading
CenterS viii be. Trading in the past
six months has not been confined ia
one locality more than to any other
Deals involving residence properly
and lots. however. have been heavy
enough to make up for the temporary
quiet of central and semi-central
parcels.
Now there are several indications
which point to several directions
which trading will take. out White
nall street there will be some inter
estlng transfers due to regarding Of
that thoroughfare, and the same is
true Of Ivy and West Peachtree
streets. The exodus of wholesale
houses to the South Side and to lower
Whitehall street in particular will
cause activity in lots of medium
price
The Walker street industrial de-
VelOpment, located as il is in a stones
throw of the Terminal Station and the
headquarters of the Southern Rail
way, will greatly stimulate trade from
that point through Madison avenue
West Mitchell and other streets. The
proposed erection of a concrete via
duct from Spring street or Cone
street southwark over the railroad
tracks toward the Terminal Station
VIII cause a good deal of attention to
be turned to the sections affected
Activity around the postofice will
continue.
Promised and expected railroad de-
velopments in the shape of passenger
and freight terminals and spur tracks
on the west side of the city will give
added life to Marietta. Walton. Spring,
Cone, James, Fairlie, Poplar, Williams.
Luckie and other streets. Improve
ments due to come on Spring and
Williams streets in the direction of
extending these thoroughfares 10
BruokwoOd will cause activity all
along the line.
Another influence that will stimu-
late real estate values on the west
side is the promised extension of the
retail district from the closely re-
striCted zone in which retail business
has been forced to exist Most of the
radiating streets on the west side
come into PeaChtree at somewhat of
an angle-the curve is sufficient to
give a look into PeaChtree that is i'm
possible at right angles, and pioneers
venture forth from the beaten paths
more readily.
An influence which viii draw cor
lshments eastward and especially
along Edgewood avenue lies in the eX-
tenSive plans of Joel Hurt for a com
munity Of buildings with the Hurt
Building as a center. The ease with
which Peachtree can be reached
through Ivy street will also add to
this trend
As for Peachtree, the usual brisk
fall trading is expected to continue.
This is the line of least resistance
which the retail district of the city
has been following and as each block
is built up with stores and garages,
the property values beyond rise ac-
cordiugly Last years speculations on
certain Peachtree lots are expected .
to give way this year or early in 1914
to plans for many substantial build
ings. Ii has been the history OF most
well-known parcels that after half a
dozen profits have been made on them
a building goes up, if not earlier