Microsoft’s New Campus Drove Up Home Prices. Where Are the Jobs?

On the west side of Atlanta, Georgia, nestled along the city’s 22-mile beltline walking trail and the largest park in the city, sits one of the last remaining undeveloped tracts of land within the metropolitan boundaries. 

Until last month, that 90-acre piece of land—located at the heart of several historically Black and economically disadvantaged neighborhoods, including Grove Park and Center Hill—was set to become a new campus for Microsoft.

When Microsoft announced the project in early 2021, locals greeted the news with both excitement and concern. The company had promised to set aside about 25 percent of the land for affordable housing and other

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