Latest Reports

Underground Atlanta sale to WRS Inc. – ‘a big day for our city’ – officials say

By Maria Saporta

Proclaiming that “today marks another milestone” for Atlanta, Mayor Kasim Reed said Wednesday during a press briefing when he announced that the city had entered into an agreement to sell Underground Atlanta to WRS Inc., a real estate investment company based in South Carolina.

WRS will pay the city $25.75 million for 12 acres of downtown real estate, which the city will use to pay off the remaining debt on the property.
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Underground Atlanta to be sold for $25.75 million to S.C.-based WRS Inc.

By Maria Saporta

Atlanta Mayor Kasim Reed is planning to make an “important economic development announcement” Wednesday morning at 10:30 a.m. – reportedly to announce the sale of Underground Atlanta, according to people close to City Hall.

The buyer is WRS Inc., a real estate investment firm based in Mount Pleasant, S.C. near Charleston. It is thought that the city has the property under contract for $25.75 million.
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Mayor goes to Rome, Italy to invite Nobel Peace Laureates to Atlanta

By Maria Saporta

A scaled-down 2014 Nobel Peace Prize Laureates Summit was held after all.

A group of less than 10 Nobel Peace Prize laureates, joined by other dignitaries, gathered in Rome this past weekend to make sure a 2014 Summit took place.

Atlanta will be hosting the 2015 Summit of Nobel Peace Prize Laureates from Nov. 15 to Nov. 19 at the Georgia World Congress Center.
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Honoring 50th anniversary of King’s Peace Prize while medal is in safe deposit box due to family lawsuits

By Maria Saporta

When her younger brother won the Nobel Peace Prize in 1964, Christine King Farris said he asked some of his friends for money so members of his family could go with him to Oslo, Norway.

“That was how Martin was,” Farris remembered during a program at the Carter Center on Tuesday night – the eve of the 50th anniversary of the day that Martin Luther King Jr. received the Nobel Peace Prize on Dec. 10, 1964.
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Fort McPherson-Tyler Perry deal back in business with help from his friends

By Maria Saporta

Tyler Perry’s plans to build a movie studio complex at Fort McPherson is proceeding after all.

In a dramatic on-again, off-again, on-again week that had all the elements of a staged performance, the McPherson Implementing Local Redevelopment Authority voted unanimously Tuesday to approve a resolution and a map of the boundaries of the 330 acres that would be owned and controlled by Tyler Perry Studios and the 145 acres that would be owned by MILRA.
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Atlanta honors Captain Planet’s Superheroes – Jane Goodall, others

By Maria Saporta

Superheroes of Planet Earth – young and seasoned – came together for the Captain Planet Foundation’s Benefit Gala of 2014 — all with a similar theme.

The earth is a special place. Let’s not destroy it.

The most super of the night’s Superheroes was Dr. Jane Goodall. Continue reading

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Lee May, 73, taught us lessons of life – whether it be from news or the garden

By Maria Saporta

Journalist Lee May was one of those rare human beings who was universally loved.

Whenever anyone talked about Lee May, a warm glow and a smile inevitably followed. He was an old soul with a kind heart and a contagious spirit of good will.
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Tyler Perry-Fort McPherson deal may not be dead, but it is “on the rocks”

By Maria Saporta

After more than eight months seeking to buy most of Fort McPherson to redevelop into a major movie production studio, filmmaker Tyler Perry is having second thoughts, according to people close to the situation.

Tyler Perry Studios and the McPherson Implementing Local Redevelopment Authority (MILFRA) had signed a memo of understanding to have Perry buy 331 acres of the 488-acre former Army base at a cost of about $30 million.
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New Atlanta Falcons stadium’s cost will ‘rise up’ to $1.4 billion

By Maria Saporta and Amy Wenk

The price of having the country’s most state-of-the-art football stadium is “rising up” by an estimated $200 million.

The Georgia World Congress Center Authority’s board of governors approved a resolution to raise the cost of the new Atlanta Falcons stadium from $1.2 billion to $1.4 billion.
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Valarie Wilson weighs next step after losing election, leaving BeltLine post

By Maria Saporta

It’s been quite a year for Valarie Wilson.

Initially Valarie Wilson took a leave of absence from her position as the founding executive director of the Atlanta BeltLine Partnership to run for State School Superintendent.
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