Atlanta is Gentrificationizing!

I know this because I read it in today's New York Times!

Gentrification Changing Face of New Atlanta

By SHAILA DEWAN
Published: March 11, 2006

ATLANTA, March 8 — In-town living. Live-work-play. Mixed income. The buzzwords of soft-core urbanism are everywhere these days in this eternally optimistic city, used in real estate advertisements and mayoral boasts to lure money from the suburbs and to keep young people from leaving.

Loft apartments roll onto the market every week, the public housing authority is a nationally recognized pioneer in redevelopment and the newest shopping plaza has one Target and three Starbucks outlets.

But although gentrification has expanded the city's tax base and weeded out blight, it has had an unintended effect on Atlanta, long a lure to African-Americans and a symbol of black success. For the first time since the 1920's, the black share of the city's population is declining and the white percentage is on the rise.

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