Report Summary
Lakewood Heights, situated in Atlanta’s southside, is experiencing rapid change due to rising investor interest, new development projects, and shifting demographics. With its proximity to downtown and the Southside BeltLine Trail, the neighborhood has become a target for real estate speculation, posing risks to long-term housing affordability and community stability.
This research focuses on the economic and housing trends driving transformation in Lakewood Heights, with a particular emphasis on investor ownership, demographic shifts, and public infrastructure.
Key Insights
Investor Dominance: More than half of single-family homes in the neighborhood are investor-owned, with properties often left vacant or converted into rentals, contributing to instability and deterioration.
Changing Demographics: While still majority Black, the neighborhood has seen increases in Latinx and white residents, reflecting a trend of gentrification and displacement.
Public Infrastructure Needs: Streetscapes, public parks, and sidewalks are under-maintained despite growing development pressure, underscoring the need for equitable infrastructure investment.
Opportunities for Action
The report recommends proactive policies to curb predatory investor activity, incentivize homeownership, and ensure future developments are community-serving. Investing in public space, improving housing quality, and strengthening neighborhood representation in planning decisions are key to preserving Lakewood Heights' identity and affordability.