“As downtowns and urban neighborhoods thrive across America, leaders and citizens outside city centers have begun to ask, “How do we reinvent the suburbs?” Moreover, how can this be done in an incremental way that doesn’t require a large transformative project? Major projects are hard to come by and are risky propositions.
Parsons Alley, the public-private redevelopment of a 3-acre infill site, offers answers in a small suburban city 10 miles northeast of Atlanta.
“Parsons Alley is serving as a true a catalyst for redevelopment and has already has sparked over a hundred million dollars of private residential projects within the downtown core,” notes James Riker, economic development director for the City.”