|
There's always something new happing in Atlanta. To
keep up to speed on the latest, check back often to
get the latest scoop.
November 29, 2011
Mayor Kasim Reed Signs Legislation Reforming City of Atlanta's Building Permitting Process
Mayor Kasim Reed signed into law today the new and much-anticipated permitting legislation which will allow registered online applicants the ability to obtain a permit in 10 business days. The new ordinance will also establish an Enterprise Fund which will allow the fees charged for services to remain in the Department of Planning and Community Development’s Office of Buildings for critical technology upgrades and staff training.
November 10, 2011
Atlanta's Newest Opportunity Zones Provide Attractive Incentives for Downtown and Midtown Office Towers
Last week, the Georgia Department of Community Affairs (DCA) approved Atlanta’s Opportunity Zone application for the Downtown and Midtown Atlanta sub-areas. As the economic development arm of the city, the Atlanta Development Authority worked extensively last Fall with the Atlanta Department of Planning and Community Development on submitting the application for this new job creation tool.
November 1, 2011
The Atlanta Development Authority Announces New Senior Management Appointments
The Atlanta Development Authority (ADA) announces several new appointments to the senior team including its new Chief Financial Officer, Doug Ray. A CPA with over thirty years of experience in finance and accounting, he has handled a myriad of real estate transaction from homebuilding development and construction, retail shopping centers, office parks, industrial and property management. His experience includes careers at John Wieland Homes, Price Waterhouse Coopers, Carter & Associates and most recently the Elias Brothers Group in Naples, Florida. Ray replaces Thomas Rowe who has served as interim CFO for the past 16 months. Rowe will remain at ADA as Deputy CFO.
October 27, 2011
Governing Magazine Announces 2011 Public Officials Of The Year
GOVERNING today announced the top state and local government officials being honored for leadership and excellence. The 2011 Public Officials of the Year are leaders from state, city and county government and are being recognized for outstanding accomplishment in their positions and communities. The annual awards program is in its 18th year.
October 26, 2011
State Awards Atlanta its Third Opportunity Zone A Boost for Jobs at McPherson Research Park
September 26, 2011
Health Information Technology Cluster Receives $1.65 Million Grant to Boost Job Creation in Georgia
(ATLANTA) Sept. 26, 2011 -- The Georgia Institute of Technology and Gwinnett Technical College, part of the Atlanta Health Information Technology (HIT) cluster, have been awarded a $1.65 million grant to enhance the state’s capabilities in this sector. The initiative is part of the federal government’s Jobs and Innovation Accelerator Challenge, a tri-agency competition initiated to support the advancement of 20 high-growth, regional industry clusters. The Atlanta HIT cluster’s proposal was one of 20 selected from 125 applicants.
September 22, 2011
Atlanta Development Authority Feels the Effects of Bank of America's Correspondent Lending Downsizing
ATLANTA – On September 1, 2011, The Atlanta Development Authority (ADA) began offering 30-year, fixed rate mortgages at 3.5 percent interest. Unfortunately, Bank of America (BOA), ADA’s Master Servicer of its first mortgages, announced yesterday its intent to sell or wind down its correspondent lending business.
September 8, 2011
Master Plan Approved for Military Base Redevelopment in Atlanta
The U.S. Department of Housing and Urban Development last week approved the master plan for the reuse of Fort McPherson, a military base located in the city of Atlanta scheduled to close this month. Upon closing, the 488-acre site will transfer from federal to city jurisdiction. In addition, the McPherson Implementing Local Redevelopment Authority, Inc. (MILRA) will begin seeking opportunities for private or joint development on the site upon reaching an agreement with the U.S. Army, estimated to occur this summer.
July 25, 2011
Vitality Index For Cities Ranks Atlanta In The Top Ten
Atlanta ranks no. 6 among 35 US cities for vitality and creativity according to Creative Cities International, LLC (CCI) as announced in its Vitality Index™ (VI) last week. The top 5 cities are Chicago, New York, Seattle, San Francisco and Boston. Atlanta placed ahead of Minneapolis, Columbus, Los Angeles and New Orleans.
July 11, 2011
Mayor Kasim Reed and the City of Atlanta Complete Sale of City Hall East to Jamestown Properties
Mayor Kasim Reed and the City of Atlanta Complete Sale of City Hall East to Jamestown Properties
Ponce City Market project will be the largest adaptive reuse project in the City of Atlanta’s history
July 7, 2011
Landmark Atlanta Skyscraper Finds New Owner
ATLANTA – One of Atlanta’s most iconic buildings, the Equitable building, found a new owner last week. Located in Downtown at the corner of Peachtree and Luckie Street, 100 Peachtree has held a prominent spot on the Atlanta skyline since 1968. It was purchased for $19 million by America’s Capital Partners, a Miami based firm and seasoned owner of Atlanta office properties.
June 24, 2011
The Atlanta Development Authority Heads to Washington D.C. for International Bio Conference
The Atlanta Development Authority (Authority) is headed to Washington D.C. to attend the 3-day Bio show that begins on June 27th. Bio, an annual event, is the largest conference focused on biotechnology in the world. The over 1,700 companies represented at this conference are among Atlanta’s top targeted industries for business recruitment.
May 23, 2011
The Atlanta Development Authority Announces Senior Management Appointments
ATLANTA – The Board of Directors of The Atlanta Development Authority (ADA) named Brian P. McGowan as its new President and Chief Executive Officer last week. McGowan has served as U.S. Deputy Assistant Secretary of Commerce and COO for the U.S. Economic Development Administration since September 2009. McGowan was also detailed to the White House as a Senior Economic Advisor from July to November 2010 to establish and lead an Economic Solutions Group within the National Incident Command to help communities along the gulf mitigate the economic impacts of the BP oil spill.
May 19, 2011
Atlanta's Tourism and Convention Industry Receives Boost Through New Hotel Project Funded Through the Atlanta Development Authority
ATLANTA – Today, the Atlanta Development Authority (ADA), the City of Atlanta’s economic development agency, began the process to provide valuable financial support for the construction of a new Hilton Garden Inn/Homewood Suites by Hilton in Atlanta. The ADA’s Board of Directors approved an inducement resolution authorizing the use of up to $44 million in Lease-Purchase bonds for the project. Construction is planned to begin this summer with completion slated for 2013. The city’s hotel room inventory will increase by 226. The combined hotels will also add convention and meeting space as well as 192 new parking spaces.
May 18, 2011
Mayor Kasim Reed Names President and Chief Executive Officer of the Atlanta Development Authority
Brian P. McGowan brings more than 15 years of economic development experience at all levels of government to the City of Atlanta
May 13, 2011
PodPonics Expands to Underutilized Urban Site
ATLANTA (May 10, 2010) – PodPonics, an innovative, Atlanta-based produce company, announced today that it has signed a lease with the Atlanta Development Authority (ADA), as agent for the Atlanta Economic Renaissance Corporation, to relocate and expand to Southside Industrial Park. Atlanta Mayor Kasim Reed and Atlanta City Councilmember Joyce M. Sheperd have strongly encouraged PodPonics’ arrival in the area, which is situated under the flight path of Hartsfield-Jackson Airport. The expansion furthers PodPonics’ mission to build environmentally conscious growing environments that serve metropolitan hubs and also supports the city’s goal to create jobs and revitalize the inactive urban site.
May 12, 2011
Hapeville will serve as German carmakers U.S. home, house all functions and services
Gov. Nathan Deal, Atlanta Mayor Kasim Reed and Detlev von Platen, President and CEO of Porsche Cars North America, announced today that the company will build a new headquarters in Georgia, creating approximately 100 jobs over the next three years.
April 13, 2011
Novelis Adds Jobs With Assistance From Atlanta Development Authority
This week, the Atlanta Development Authority (ADA) meets its commitment to Novelis Inc. by providing a $150,000 relocation grant from its Economic Opportunity Fund (EOF). The EOF is a deal-closing fund, created in 2006, that ADA manages on behalf of the City of Atlanta to entice significant business investment and job creation projects.
February 16, 2011
Merlin Entertainments Announces Plans For $12 Million Legoland Discovery Center In Atlanta's Phipps Plaza
Global leisure giant Merlin Entertainments (Merlin), the world’s second biggest visitor attraction operator, announced today conditional plans to build a $12m LEGOLAND Discovery Center (LDC) in Atlanta Georgia. It will open in Spring 2012 at the Phipps Plaza, one of the Southeast’s premier shopping destinations.
February 8, 2011
City launches home energy rebates and credits up to $6,200
SHINE is a residential weatherization rebate program offering City of Atlanta homeowners (single-family) the ability to receive up to $3,500 in rebates towards qualifying improvements. Improvements include, but are not limited to, duct and air sealing, insulation improvement, caulking, weather-stripping, and window replacement.
January 28, 2011
Georgia Aquarium receives $40 million in New Markets Tax Credit funding
Georgia Aquarium receives $40 million in New Markets Tax Credit funding.
Imagine Downtown, Inc. and Wells Fargo partner to provide $25 million; SunTrust provides $15 million
December 13, 2010
Historic Westside Community on Road to Revitalization
Russell New Urban Development in talks with national retailer to bring low prices and savings to Atlanta University Center communities of Vine City and English Avenue.
October 21, 2010
$265 Million in New Capital Investment Moves Forward in Atlanta with $35 Million in Local and Federal Incentives
More than $265 million in redevelopment and infrastructure projects are moving forward within the city limits of Atlanta as a result of $35 million in local and federal incentives facilitated by the Atlanta Development Authority (ADA) and the Atlanta Urban Redevelopment Agency (URA). The Atlanta URA was created in July 2010 by the City of Atlanta to accept a sub-allocation of Recovery Zone Economic Development Bonds as authorized by the U.S. Treasury under the American Recovery and Reinvestment Act of 2009.
October 15, 2010
City of Atlanta Awarded EPA Grant
The Environmental Protection Agency (EPA) announced Friday that the City of Atlanta is one of 23 communities around the U.S. selected for award under the Brownfields Area-Wide Planning Pilot Program. The Atlanta Development Authority, together with the City of Atlanta and with assistance from the Georgia Institute of Technology, submitted a proposal to EPA in the spring of 2010.
October 4, 2010
October is Fall into Homeownership Month
ATLANTA – The Atlanta Development Authority (ADA) is partnering with the Atlanta Housing Authority (AHA) and HomeFree-USA during the month of October for “Fall into Homeownership” Month. Buyers who meet all eligibility requirements and obtain lender loan approval may qualify to receive down payment assistance from ADA and AHA. ADA has $25 million in first-mortgage capital in addition to several programs designed to help assist in-town buyers with down payment and closing costs.
October 1, 2010
Public Notice - ADA submits EPA Brownfield Cleanup Grant Application
The Atlanta Development Authority (ADA) is submitting EPA Brownfield Cleanup Grant applications for the remediation of the Atlanta BeltLine Northeast Corridor (Buford Highway to Dekalb Avenue).
September 1, 2010
NMTCs Bring Glamour Back to Former Atlanta Macy's
Thirty-two streets named Peachtree run through the Atlanta, Ga. metro area. The oldest of these streets, downtown Atlanta’s main North-South artery, is home to the Westin Peachtree Plaza Hotel, the Woodruff Arts Center, Georgia-Pacifi c Tower and designer shops ranging from Armani to Versace. Now, with a $12 million funding boost from new markets tax credits (NMTCs), one of their oldest neighbors, the former Macy’s building at 200 Peachtree, is a third of the way through a nearly $35 million makeover to become the area’s most sought-after mixed-use events, retail and entertainment destination.
July 22, 2010
200 Peachtree, Located in Former Macy's Building, Moves Forward
ATLANTA – Imagine Downtown, Inc. (IDI), an affiliate entity of the Atlanta Development Authority (ADA), has provided a $12 million New Markets Tax Credit mezzanine loan to convert the former Macy’s department store in downtown Atlanta into 200 Peachtree, a major mixed-use retail and entertainment destination. This $35 million project is located on Peachtree Street and occupies the first three floors of the historic building.
July 8, 2010
ADA Awards $3.3 million in Grants to Revitalization Projects in the Vine City and English Avenue Communities
ATLANTA – The Atlanta Development Authority (ADA) has awarded $3.3 million in capital improvement grants to projects located in the Vine City and English Avenue communities this summer.
June 30, 2010
Atlanta's Newest Tax Allocation Districts Now Open for Development
The long awaited Commercial Tax Allocation Districts are open for application as of June 30, 2010. The CTADs – Campbellton Road TAD, Hollowell/MLK TAD, Metropolitan Parkway TAD, and Stadium Neighborhoods TAD – are primarily focused on larger commercial, industrial and mixed-use developments with total project sizes of $5 million and greater. Follow the links below to access the TADs’ individual pages on the ADA website. Applications can be found after each district’s overview.....
June 14, 2010
ADA Celebrates its 500th Affordable Housing Closing
The Atlanta Development Authority (ADA) has provided downpayment subsidies to homebuyers since May 2007 with the goal of helping working families live closer to their jobs and begin building wealth. With its most recent closing, ADA has made homeownership a reality for 500 families.
June 9, 2010
City of Atlanta, Bahrain Sign Agreement to Boost Bilateral Ties
Mayor of Atlanta Kasim Reed today signed an agreement with the Bahrain Economic Development Board (EDB) that will facilitate strong commercial and economic ties between the City and the Kingdom of Bahrain.
June 3, 2010
Sunny pitch to lure Hub's industries
FOR THE LAST three years, the Atlanta Development Authority has come to Boston to try to sell our hottest industries, like life sciences, on Atlanta’s low costs and well-educated workforce. Atlanta has grown by 1.2 million people since 2000, while Greater Boston’s population has grown by less than 200,000. Boston needs to work hard to remain a competitive location for the businesses that Atlanta is trying to poach.
May 21, 2010
Georgia Welcomes Sony Ericsson Americas Headquarters to Atlanta
Georgia Welcomes Sony Ericsson America’s Headquarters to Atlanta: Mobile technology leader to employ 180
May 20, 2010
ADA Closes $19.7 Million Residential Development Deal in South Atlanta Represents the First Multifamily Tax Exempt Bond Closing for the Authority in Three Years
The housing finance division of The Atlanta Development Authority (ADA), closed bonds to finance the Amal Heights Townhomes project on May 20th. This deal represents the first tax exempt bond financing that ADA has funded since 2007 when the credit markets began to weaken.
March 29, 2010
ADA and Metro Atlanta Chamber Travel to Boston, Market Atlanta to Employers
This week, the Atlanta Development Authority (ADA) and the Metro Atlanta Chamber are leaving on their third annual business development trip to Boston.
March 25, 2010
SUBWAY Restaurants Makes Aggressive Expansion into Atlanta's Emerging Markets Campbellton Road Store Opens April 5
SUBWAY Restaurants currently has 60 new stores in development in North Georgia, with plans to open at least seven locations in Atlanta’s emerging markets within the next eight months. The location at 2151 Campbellton Road will reopen April 5 after having been closed for six months for renovations.
March 24, 2010
ADA to host FREE homebuyer seminar on April 10
Join the Atlanta Development Authority for another free homebuyer education seminar and learn how to access up to $60,000 in government subsidy to help with downpayment and closing costs.
March 18, 2010
Atlanta Development Authority Names Interim President
The Board of Directors for the Atlanta Development Authority (ADA) today announced its interim president for the organizations charged with promoting economic development for the city of Atlanta.
February 24, 2010
International Biotech Company Establishes North American Headquarters in Atlanta International Biotech Company Establishes North American Headquarters in Atlanta
ATLANTA (February 24, 2010)—The Georgia Department of Economic Development (GDEcD) announced today that Barcelona, Spain-based biotechnology firm Sepmag Technologies selected Atlanta as its North American headquarters.
February 11, 2010
ADA Aids in Novelis Expansion North American HQ Relocates from Cleveland
ATLANTA – Novelis Inc. announced today that approximately 80 professional positions will be moving to
Atlanta as the company relocates its North American headquarters from Cleveland to its world
headquarters here.
February 4, 2010
ADA leads business development trip to India
Under the leadership of ADA Project Manager of Business Engagement Danielle Fernandes, the Innovation Crescent Regional Partnership has embarked on a business development mission to India from February 1 – 10.
January 12, 2010
URFA allocated $25 million in SF bonds
The Atlanta Development Authority (ADA) recently closed a $25 million single-family housing bond issue funded through the New Issue Bond Program (NIBP).
October 7, 2009
Federal Stimulus Dollars Ready to be Deployed in Atlanta to Address Foreclosure Crisis
The City of Atlanta has received $1.1 million from the federal
government under the American Recovery and Reinvestment Act to address
foreclosures in the city's hardest hit neighborhoods.
July 30, 2009
Beltline looks to October bond issue for more project funding
By Thomas Wheatley in Creative Loafing The Atlanta City Council Finance and Executive Committee yesterday gave Beltline officials the green light to issue up to $267 million in bonds to fund the 22-mile loop of parks, trails and transit.
July, 15
Center for Civil and Human Rights Seeks to Secure Exhibition Rights for King Collection
The Center for Civil and Human Rights (Center) announced today that it is closer to obtaining exhibition rights for the Morehouse College Martin Luther King Jr. Collection (Morehouse King Collection).
May, 15
Biotechnology key industry for Atlantas future
By Gregg Simon
For the Journal-Constitution Next week, the city of Atlanta welcomes the largest global event for the biotechnology industry to the Georgia World Congress Center. The 2009 BIO International Convention attracts the biggest names in biotech.
May, 1
Atlanta Development Authority Participates in Business Mission to China
In early April, the Atlanta Development Authority (ADA) participated in a two-week business development mission led by the Metro Atlanta Chamber that sent a delegation from Atlanta to China with the goal of bringing back new jobs for the city.
April, 10
Second Annual Atlanta Environmental Trade Mission Signs New Participants
ATLANTA --- The Second Annual Atlanta Environmental Trade Mission has announced that the following foreign consulates, bi-national chambers of commerce and regional and local organizations have signed on as participants in the June 8 - 12 trade mission taking place in Atlanta, Georgia.
March, 10
Brand Atlanta loses city funding
By Dave Williams,
Atlanta Business Chronicle Atlanta Mayor Shirley Franklin pulled the plug Monday on Brand Atlanta, the city's three-year-old marketing campaign, citing the effect of the recession on the city's finances.
March, 7
DOT, Atlanta reach deal on commuter rail
By Eric Stirgus,
The Atlanta Journal-Constitution Northeast Atlanta residents who feared Amtrak and other commuter trains roaring through their neighborhoods received welcome news Friday: State transportation officials backed off their push that four miles of railroad tracks be used to take passengers through Atlanta.
August 20, 2008
Atlanta Council Approves $120M Deal for BeltLine Project
By Tedra DeSue
The Bond Buyer
ATLANTA -The Atlanta City Council on Monday made more progress towards bringing the historic BeltLine tax allocation district project to fruition by approving a $120 million bond deal for its development.
August 18, 2008
Metro Atlanta growth slows, but city core booms
J. Scott Trubey Staff Writer
Atlanta Business Chronicle
The City of Atlanta saw its fastest population growth in 40 years, but overall growth in metro Atlanta slowed to its lowest levels in five years, officials with the Atlanta Regional Commission (ARC) said Thursday, and the housing slump is likely to blame.
February, 2, 2009
Beltline supporters rally against high-speed rail option
By Kent A. Miles,
The Atlanta Journal-Constitution
People came to Saturday's rally on the edge of Piedmont Park on foot and by car and bicycle, some of them bearing signs, all with a common message: Keep the Beltline on track in Atlanta.
July, 9
Atlanta and the Urban Future
By ROB GURWITT, Governing.com A major American city has undergone big demographic changes overnight. Will others follow?
November, 16
How to avoid foreclosure? Federal program begins December 15th
The Atlanta Journal-Constitution New plan to keep more people in their houses
July, 28
City finding innovative ways to aid homeless, but it needs help
By Dawn J. Luke,
For the Atlanta Journal-Constitution
An AJC article on a new study by the Georgia Department of Community Affairs reported, "The state's first-ever count of its homeless found that 20,000 Georgians are homeless on any one day and that 75,000 people are homeless over a year" ("State homeless count finds many families," Metro, July 18).
July, 31
For Beltline, good enough isnt
By George Dusenbury,
The Atlanta Journal-Constitution
Piecemeal sales will hurt integrity of a grand asset
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
click
here
Mayor
Franklin to Promote Business Opportunities Along Peachtree
Corridor at ICSC, click
here
City of Atlanta
to fund Brand Atlanta Campaign, click
here
Citizen
Involvement Day Set for March 25, 2006, click
here
BeltLine,
click
here
|
