25 Jun SCRA Six Flags Special Service District Market Analysis
Location: Cobb County, GA
Client: South Cobb Redevelopment Authority
KB Advisory Group recently performed a market analysis to provide key demographic and economic trends impacting future real estate development in and around the Six Flags Special Services District. The study results will help the South Cobb Redevelopment Authority and the Cobb County government establish policies to encourage the desired mix of land uses, benefiting residents, employees, and businesses. The work included real estate development opportunities for SCRA owned land. KB Advisory Group’s research incorporated both secondary and primary sources, including input from online community surveys and a dedicated steering committee.
The study undertook demand opportunity forecasts based on analyzing historical and future supply and demand conditions. Guiding development using land ownership options, economic development initiatives, and community engagement can modify the local real estate development cycle on particular parcels and throughout the area. The site provides a unique opportunity to grow community connections and the local economy through real estate activities and social activities. Potential action items were to provide for a robust economic development toolbox for potential developers of the site.