|
Mayor Maynard Jackson (1974 - 1981)
|
1976 |
Atlanta Economic Development Corporation (AEDC) is created; Timothy Alexander named President. |
1979 |
Joe Martin named President of AEDC. |
1979 |
Urban Residential Finance Authority (URFA) is created. |
|
Mayor Andrew Young (1982 - 1989)
|
1982 |
Downtown Development Authority Created. |
1983 |
AEDC purchased 330 acres of land in NW Atlanta and developed the city's first industrial park since the mid-1960s. Atlanta Industrial Park becomes Georgia's first Urban Enterprise Zone. |
1985 |
URFA staffed and Marty Nance named President. URFA begins issuing tax-exempt bonds for single-family and multifamily housing. |
1985 |
Tarby Bryant is named President of AEDC. |
1985 |
The Redevelopment Powers Law is enacted with support of 71% of Georgia voters and paves the way for the use of tax increment financing as an economic development tool. |
1986 |
The Southside Industrial Park, a 280-acre site two miles east of the airport, receives its Industrial Urban Enterprise Zone designation. |
1988 |
Walter R. Huntley, Jr. is named President of AEDC. |
1989 |
The revitalization of Underground Atlanta is financed with bonds issued by the downtown Development Authority. |
|
Mayor Maynard Jackson's 3rd Term (1990 - 1993)
|
1992 |
Georgia's first tax allocation district, the Techwood Park TAD, is created to help redevelop land in Downtown in preparation for hosting the 1996 Olympic Games. The site will later become known as Centennial Olympic Park. |
|
Mayor Bill Campbell (1994 - 2001)
|
1996 |
Atlanta hosts the Olympic Games. |
1997 |
The Atlanta Development Authority (ADA) is formed and Kevin Hanna is named President. Atlanta Economic Renaissance Corporation is also formed - AEDC is rolled into this new structure. |
1998 |
The Techwood Park TAD renamed and replaced with the expanded and renamed the Westside TAD to spur revitalization around Centennial Olympic Park and the Vine City and English Avenue neighborhoods. |
1999 |
The Atlantic Station TAD is created. |
2001 |
The first TAD bonds in Atlanta, in the amount of $15 million, are issued in the Westside TAD to provide gap funding to six projects in downtown Atlanta. |
2001 |
The first Atlantic Station TAD bonds are issued in the amount of $76.5 million. |
|
Mayor Shirley Franklin (2002 - 2009)
|
2002 |
Ernestine Garey is named Interim President of ADA. |
2005 |
The Perry/Bolton and Princeton Lakes TADs are created. |
2003 |
Greg Giornelli is named President of ADA. |
2003 |
The Eastside TAD is created.
|
2004 |
ADA launches the city's first 5-year comprehensive economic development plan. |
2004 |
ADA expands to include an economic development department focused on business attraction/retention and job growth. |
2005 |
$47.5 million in TAD bonds are issued to provide gap funding for seven projects in the Eastside TAD. |
2005 |
$82.6 million in TAD bonds are issued to provide gap funding for seven projects in the Westside TAD. |
2005 |
The BeltLine TAD is created. |
2005 |
The U.S. Army announces that the Ft. McPherson military base will be closing in 2011. ADA creates the McPherson Planning Local Redevelopment Authority, and Jack Sprott is named Executive Director. |
2006 |
A second round of Atlantic Station TAD bonds are issued in the amount of $166.5 million. |
2006 |
$21 million in TAD bonds are issued for projects in the Princeton Lakes TAD. |
2006 |
The Economic Opportunity Fund is created and receives its first infusion of $5 million from the city for job creation and economic development. |
2006 |
$25 million in Homeless Opportunity bonds are issued to incentivize permanent supportive housing for Atlanta's homeless population. |
2006 |
The four commercial corridor TADs are created - the Stadium Neighborhoods TAD, Campbellton Road TAD, Hollowell/MLK TAD and the Metropolitan Parkway TAD. |
2006 |
Peggy McCormick is named President of ADA. |
2007 |
Terri Montague is named CEO of Atlanta BeltLine Inc., the newly formed implementation agency for the BeltLine Project. |
2007 |
Imagine Downtown Inc., a partnership formed in 2006 between ADA and Central Atlanta Progress, wins its first New Markets Tax Credits allocation in the amount of $60 million from the federal government. |
2007 |
$35 million in Housing Opportunity Bonds issued to incentivize multifamily and single family development in the City of Atlanta. |
2008 |
$69 million in TAD bonds is issued for six development projects in the Westside TAD. |
2008 |
The first BeltLine TAD bonds are issued in the amount of $64.5 million. |
2009 |
Brian Leary is named CEO of Atlanta BeltLine Inc. |
2009 |
BeltLine TAD bonds are issued in the amount of $78.1 million, which included the refinancing of the Series 2008 BeltLine TAD bond issue. |
2009 |
URFA issued $25 million in single family bonds making homeownership a reality for 180 families. The city of Atlanta was designated as a recovery zone. |
|
Mayor Kasim Reed (2010 - 2017)
|
2010 |
Ernestine Garey is named Interim President of ADA. |
2010 |
Atlanta Urban Redevelopment Agency created. |
2010 |
The City was awarded a $47 million grant by the U.S. Department of Transportation for the construction of the Atlanta Streetcar. |
2011 |
Brian McGowan was named President and CEO. |
2011 |
The "Invest Atlanta" brand and logo were created to represent a new mission and vision for the City of Atlanta and its economic development efforts. |
2011 |
The sale of City Hall East (now Ponce City Market) to Jamestown Properties was consummated, becoming the largest adaptive reuse project in the history of Atlanta. |
2012 |
Porsche North America developed its $100,000 million North American headquarters at Aerotropolis Atlanta. |
2012 |
Walmart Supercenter at Historic Westside Village opened in a community that once was a food desert, creating 150 new jobs. |
2013 |
Paul Morris named President and CEO of ABI. |
2013 |
Pulte Group relocated its corporate headquarters from Michigan to Atlanta, and Athenahealth relocated to Ponce City Market, bringing 500 new jobs to Atlanta. |
2013 |
A Community Benefits Plan was approved for the neighborhoods of Vine City, English Avenue and Castleberry Hill. |
2014 |
Craig Richard was named President and CEO of Invest Atlanta. |
2014 |
Perry Bolton Tax Allocation District bonds were issued in the amount of $24 million to spur redevelopment in northwest Atlanta. |
2015 |
NCR relocated its corporate headquarters to Midtown Atlanta, bringing 3,600 jobs. |
2015 |
The City of Atlanta was awarded a $30 million in Choice Neighborhood grant by the U.S. Department of Housing and Urban Development. |
2015 |
$200 million in bonds were issued by Invest Atlanta to help finance the construction of the $1.4 billion new Mercedes Benz Stadium for the Atlanta Falcons. |
2016 |
Dr. Eloisa Klementich was named President and CEO of Invest Atlanta. |
2016 |
$155 million TAD of bonds issued in refunding and new money TAD bonds for the Atlanta BeltLine Project. |
|
Mayor Keisha Lance Bottoms (2018 -2021)
|
2019 |
The Women's Entrepreneurship Initiatives becomes part of Invest Atlanta. |
2019 |
Invest Atlanta introduces new core value on equity to guide economic development initiatives. |
2020 |
Invest Atlanta hires its first Chief Equity Officer to lead diversity and inclusion initiatives. |
2020 |
Mayor Bottoms and Invest Atlanta Board launch the One Atlanta: Economic Mobility, Resiliency and Recovery Plan. |
|
Mayor Andre Dickens (2022 - )
|
2022 |
Mayor Dickens establishes the City of Atlanta's first department of Labor, including reintegrating WorkSource Atlanta. |
2022 |
Invest Atlanta receives $20 million small business program grant through WellsFargo. |
2022 |
Creative Industries Grant Fund established. |
2023 |
Invest Atlanta Board approves $100 million Housing Opportunity Bond program. |
2023 |
Invest Atlanta launches a Faith-Based Organization predevelopment loan program, providing funding supporting development of affordable housing to churches and related organizations. |
2023 |
Mayor Dickens launches the "Year of the Youth" focused on empowering teenagers and young adults with job trainng and other services. |
2023 |
Pivotal Director of Small Business Lonnie Saboor retires after 44 years of service to Invest Atlanta. |
2024 |
Invest Atlanta rolls out food access strategy to eliminate food deserts and reduce food insecurity in the city. |
2024 |
Chief Operating Officer Dawn Arnold surpasses 30 years of service with Invest Atlanta. |
2024 |
Anti-Displacement Tax Relief Fund program to support legacy residents introduced. |
2025 |
Invest Atlanta launches the city's first Legacy Business program. |