AREA MARKET INFO
OF CUMBERLAND CID
THE CUMBERLAND CID ACCOUNTS FOR 70% OF THE CUMBERLAND SUBMARKET.
THE CUMBERLAND SUBMARKET:
ONE OF THE LARGEST SUBMARKETS IN THE SOUTHEAST
17 M OFFICE
3 M RETAIL
12 M MULTIFAMILY
AND JOB CENTER
Heavy hitters that call the Cumberland CID home include The Home Depot, Genuine Parts Company, GE Energy, Travelport, and The Weather Company. The top-ten employers in the area alone deliver 12,000 of the submarket’s 76,400 jobs.
It produces nearly 165,000 total jobs around the state.
17% OF COBB’S JOBS
62% OF COBB’S MANAGEMENT JOBS
Major corporate relocations to the CID are announced regularly with Vonage and Comcast making some of the most recent announcements.
Nearly 5,500 new residential units are making their way through the development pipeline, resulting in potentially 11,000 new residents by 2018.
A COMMUNITY EXPANDING
TO PROVIDE BETTER ACCESS
TO NATIONAL PARKLAND
The latest boundary tripled the CID’s greenspace from 264 to 840 acres. The Atlanta Journal Constitution noted that the district is now “home to as much combined greenspace as New York City’s Central Park.”