#7 Former neighborhoods, districts and settlements of Atlanta, Georgia
Our next Neighborhood was in the planning stages: Peters Park.
Peters Park was a planned but never realized neighborhood in Atlanta, Georgia, located on the site of today’s Georgia Tech campus. Had the neighborhood actually been established in 1884-5, Peters Park would have been Atlanta’s first garden suburb, preceding Inman Park, the first to feature winding roads, a lake and a planted boulevard.
At one point the project was described as encompassing 216 acres (87 ha), out of which 142 would be lots, 48 would streets and 26 acres (11 ha), parks. (Other sources describe the project as 180 acres (73 ha). Peters Park would be accessible via the Peachtree or Marietta Street horsecar lines of the Atlanta Street Railway Company. Lots were improved by the land development company, a novelty for Atlanta at the time. By May 1885, $50,000 had been spent improving the neighborhood in anticipation of lot sales.
The project failed — few lots were sold. Reasons attributed were the walking distance from the horsecar lines, high prices and the onerous restrictions and to what could be built on the lots.
SEE HERE for more information on the organizers and land.