Water level's down at Lake Lanier
From the AJC this week comes an article about Lake Lanier water levels continuing to drop at a record pace. As water recide not only shoreline is being exposed. Business hurting from the slow economy, Lanier home owners with investments that need sold, and properties once though to have deep water now on dry land are all feeling the pressure.
If you have a prayer to two left over this evening incude one for rain in the Lake Lanier water shed basin.
About the picture above. Located just west of Holiday Marina off Blackberry Lane in Flowery Branch this cove may be dry for years to come without changes in release patterns from the Corp. or continued rain. These are not inexpensive homes even in today’s market and water levels. Having a dock permit is like having a golden ticket (Willy Wonka) for Lanier. In most cases a dock permit adds 45,000 – 75,000 vs three years ago when the Corp was still passing out permits at will. Consider that almost every permit for Lanier has been issued and only existing lake front properties with permits will have lake access via a boat dock. With this in mind, every house on Lake Lanier just became a tear down for future homeowners seeking to build a new lake front mansion. Many of my investors are seeking Lanier properties vs. traditional investments.
Call today and schedule a showing – 770-990-0743
For the entire article by Jeffry Scott and the AJC
Georgia won the latest round in court, but from the expanding muddy red banks of Lake Lanier it looks and feels a lot like metro Atlanta is still losing the water wars.
The lake is down 9 feet and dropping at a rate of about a foot a week, giving rise to memories of the great drought of 2007-2009 when the U.S. Army Corps of Engineers drained 20 feet out of Lanier — and some say sucked the life out of the local economy.
The fear is the lake will continue to sink with a dry winter in the forecast and next summer could be as disastrous as 2008 when Lanier was down 15 feet and tourism was off by about 880,000 visitors and recreation revenue was down $90.2 million.
“They’ve been dropping it like crazy for the last 15 days and it’s got people scared,” said Don Hunt, 54, a boat mechanic working at Holiday Marina Tuesday afternoon. “I know Atlanta needs the water, but they can’t be letting it out that fast.”
The 38,000-acre lake about 40 miles north of downtown Atlanta is a recreational site that draws about 7.5 million visitors a year and metro area’s biggest source of drinking water at the heart of the tri-state water wars between Georgia, Alabama, and Florida. The lake, and the Chattahoochee River that feeds it, provide water for about 2.6 million Atlantans [more]
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Working with buyers and sellers in Cumming, Gainesville, Dawsonville, Buford, Flowery Branch, Oakwood, Gwinnett, Forsyth, Hall, Dawson Counties. For more information about Lake Lanier, Buford Dam, water levels, exposed humps, dock permits, shoreline, Lake Lanier Islands Water park please give me a call.
