Entries by Maria Saporta

Remembering A.C. Toh during the 50th anniversary of A.C.T. Enterprises


Back in the 1980s, I had the pleasure of getting to know one of the most flamboyant developers who had entered the Atlanta market – A.C. Toh.

Toh made headlines in the 1980s by proposing to build a high-density international village on a 19-block area on the south part of downtown. Then Atlanta Mayor Andrew Young had taken Toh on a tour of the area, and together they envisioned what the place could be – a bustling new downtown with high-rise residential and office towers.

Report: Walkable urban areas in Atlanta gaining market share over suburbs


Forget all the perceptions of metro Atlanta being a poster child for sprawl.

A new report looking at the urbanizing trends in the country’s 30 largest metro areas shocked one of the co-authors – Chris Leinberger, a real estate expert who is a professor at the Center for Real Estate and Urban Analysis at the George Washington University School of Business.

Atlanta business leaders unite against Hartsfield-Jackson takeover bid


The business community is united against a possible state takeover of the Atlanta-owned Hartsfield-Jackson International Airport.The Atlanta Committee for Progress (ACP)– the high-powered group of business and civic leaders that serves as a blue-ribbon sounding board for Atlanta Mayor Keisha Lance Bottoms – is committed to helping the city maintain control of the Atlanta airport.

SunTrust to double its investment in community to $300 million


As it prepares to merge with BB&T, Atlanta-based SunTrust Banks will double its investment in the Atlanta community each year over the next three years.“It has been $50 million for the last three years,” said Bill Rogers, SunTrust’s chairman and CEO, in an extensive interview on Tuesday. “We are going to double that amount. It will be  $100 million a year for next three years for a total of $300 million.”

Andrew Young on HOPE Global Forum: 'This is free enterprise at its best'


The 2019 HOPE Global Forum, once again, showed capitalism at its best.

The forum, held at Atlanta Hyatt Regency from May 29 to 31, brought together what has become one of the most diverse gatherings of business leaders and the general public.

The 2,000 attendees literally came from all walks of life from many different corners of the world.

And the messages were powerful.

Atlanta preparing bid for 2026 World Cup


Atlanta is beginning to prepare its official bid to host the semi-final matches of the 2026 World Cup later this summer, according to Dan Corso, president of the Atlanta Sports Council.

Corso was one of the guests who spoke to the board of the Georgia Department of Economic Development at SunTrust Park on Wednesday afternoon scheduled before a game of the Atlanta Braves.

Gwinnett leaders still dreaming of more transit


Despite the MARTA referendum loss in Gwinnett County on March 19, county and transportation leaders stand firm on the need to bring transit to Georgia’s second largest county.

“Regardless of the way the vote went in March, there is so much need for transit and mobility relief in Gwinnett,” said Charlotte Nash, chair of the Gwinnett County Commission.

Pittsburgh foundations take active role in region's rejuvenation


PITTSBURGH – In 2002, several Pittsburgh philanthropic foundations joined together to buy a 178-acre brownfield site – Hazelwood Green – next to acres of land next to the Monongahela River.The group included the Benedum Foundation, the R.K. Mellon Foundation and the Heinz Endowments – a ground-breaking move that demonstrated the influence that foundations hold in Pittsburgh and their willingness to take risks that foundations in other cities would avoid.

Bottoms a no-show on city leaders' trip to Pittsburgh


PITTSBURGH – A delegation of nearly 120 metro Atlanta leaders arrived in this Pennsylvania city to learn how it has transformed itself from a steel and manufacturing city to one focused on innovation and technology.The delegation also heard repeatedly about how Pittsburgh wants to be a “city for all” – to welcome economic vitality – for people of all income, races and ethnicity.