A new economic study by the Peachtree Creek Greenway claims the paved path along Nancy Creek in Brookhaven is an economic driver that is increasing property value, generating tax revenue, and supporting job creation.
The study found that for every $1 dollar invested, the greenway will generate $13.76 in statewide economic impact. It’s a return that includes construction spending, increased property values, and new retail activity, like that will be generated through the development of Corporate Square.
Located in Brookhaven, the greenway is a paved trail that will stretch 1.3 miles from Chamblee to Atlanta’s Beltline when completed.
Phase I, which runs from Briarcliff Road to North Druid Hills Road, was completed in December 2019. Phase II is under construction now, stretching from North Druid Hills Road to the Atlanta city limit. It is expected to cost $15-$20 million, and is primarily being funded by federal dollars through the Atlanta Regional Commission.
In April 2024, Brookhaven City Council approved a motion to decline federal funds for Phase III of the greenway, opting instead to use local funding. At the time, Mayor John Park said the city “will do it faster and we’re going to save taxpayer dollars.” Now, a preliminary design is in the works to extend the existing trail eastward from Briarwood Road to the City of Chamblee limits.
Also in the works: a pedestrian bridge that will connect Emory University’s Executive Park to the greenway.
The City of Brookhaven unveiled a new athletic field on May 19 with a celebration of city council members and Cross Keys High School soccer players. Located near the Public Safety Building, the new soccer field is suitable for up to 7×7 soccer matches.
Council member John Funny said the field is “another great addition to the PCG, reflecting our commitment to creating safe spaces for communities to gather and connect.”
Within 10 years of the complete build-out, the greenway is projected to increase property values by $159 million. The study estimates that property values along the greenway will rise by 7 percent, generating an estimated $7.1 million in new property tax revenue.
In addition, the greenway will create 228 permanent jobs and 143 temporary construction jobs, supporting employment in retail, tourism, hospitality, and construction.
“This is a transformational project for the entire region,” said Mary Howell, PCGI’s board chair.