The ongoing Beltline scam

Atlanta functions as a collective conspiracy of real estate developers, but even so , this is a bit much

Beltline park plan a mystery
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Fulton County Commissioner Emma Darnell, who represents the area, said her constituents repeatedly ask for updates on the park. She’s at a loss to offer specific information, even though she serves on the boards of the city’s development arm, Atlanta Development Authority, and the city’s entity that’s overseeing Beltline planning, Atlanta Beltline Inc.

“The No. 1 interest of folks in the area near and around the quarry is what’s going on,” Darnell said. “That’s the big concern right now. Talk to anyone at random in those neighborhoods and they don’t have a clue as to what’s going on. The city of Atlanta should be able to answer all those questions.”

Truth is, all that’s certain at this point is that the park is supposed to become a regional attraction, much like Piedmont Park, Atlantic Station and Centennial Olympic Park. Most of the Beltline will be paid for with a projected $1.7 billion in future property taxes collected by three local entities — Atlanta City Council, the Atlanta school board and Fulton County’s Board of Commissioners.

Somehow we knew in 2006 how people will want to live 2026, even though in 2007 we don’t know what’s going on. We also know that they’ll want to pay for it then too. Why on earth do people think something that complex and far off is knowable (answer, because they’re not spending their own money). It’s the real estate version of Iraq really. At least that dealt with present day people.