Articles from the Atlanta Business Chronicle
As published in the Atlanta Business Chronicle on August 4, 2017
An Atlanta developer is planning an innovative co-working space along one of Atlanta’s most historic streets — a project that’s already lured high-profile investors including top Home Depot executives.
Gene Kansas Commercial Real Estate plans to open Constellations, a $2 million project that will offer “culturally-inspired” workspace with the hope of bringing together great minds who care about making a difference in the city.
By Maria Saporta As published in the Atlanta Business Chronicle on July 28,, 2017 The Truancy Intervention Project was “hatched” by Alston & Bird attorney Terry Walsh and Juvenile Court Judge Glenda Hatchett back in the early 1990s. After being named to the bench, one of the first people Hatchett heard from was Walsh, then […]
As published in the Atlanta Business Chronicle on July 21, 2017
A concerted effort is underway to elevate the annual TOUR Championship as one of Atlanta’s premier sporting events.
As evidence, the TOUR Championship has hired Bob Williams, former president of the Atlanta Hawks and Philips Arena, as its executive chairman who will work on building stronger relationships between the TOUR and Atlanta’s business and hospitality community.
As published in the Atlanta Business Chronicle on July 21, 2017
The Civic Center property may soon be back in play.
Atlanta Mayor Kasim Reed is exploring “reactivating” the 18-acre Civic Center site and possibly putting it back on the market.
As published in the Atlanta Business Chronicle on July 14, 2017
Mercedes-Benz USA moved its headquarters to metro Atlanta exactly two years ago (in July, 2015), and the luxury car company has been going non-stop ever since.
“It feels like we’ve been here forever,” said Dietmar Exler, president and CEO of Mercedes-Benz USA and the regional head of North America, which includes Canada and Mexico.
As published in the Atlanta Business Chronicle on July 14, 2017
German real estate company Newport US RE is moving forward with ambitions to redevelop portions of eight blocks and up to 750,000 square feet of South Downtown’s historic buildings.
Newport has filed plans with the Eastside Tax Allocation District, where it will seek up to $12 million in public funding for the project — one of the largest ever proposed for downtown.
As published in the Atlanta Business Chronicle on July 7, 2017
Citizens Trust Bank closed two of its branches on June 30 including the one at its historic Piedmont Avenue building and its branch in Lithonia.
But Cynthia Day, Citizens Trust’s CEO, said the moves represent a transition in the banking industry rather than any financial issues with the bank — which is the largest African-American owned bank in the Southeast as well as the fifth largest in the country.
As published in the Atlanta Business Chronicle on July 7, 2017
When Delta Air Lines held its annual meeting in New York City at 7:30 a.m. on June 29, former Atlanta Mayor Shirley Franklin was not there.
Franklin had just spent the better part of two days attending events and meetings for Delta directors including a dinner June 27 to bid her farewell from the board. She, along with fellow director Kenneth Woodrow, had reached the mandatory retirement age of 72.
As published in the Atlanta Business Chronicle on June 30, 2017
As The Coca-Cola Co. undergoes a transformation of its business and scales down by 1,200 positions — mainly at its corporate headquarters, there has been concern about the company’s commitment to Atlanta.
Never fear.
That’s according to the key individuals who head the company’s civic efforts: Bea Perez, chief public affairs, communications and sustainability officer who also chairs the Coca-Cola Foundation; and Helen Smith Price, vice president of global community affairs and president of the Coca-Cola Foundation.
By Maria Saporta
As published in the Atlanta Business Chronicle on June 30, 2017
The new president of the Federal Reserve Bank of Atlanta — Raphael Bostic — could title his new post after Monty Python’s 1971 comedy film — And Now for Something Completely Different.
Bostic is the first African-American to ever be named as president of one of the 12 regional Fed banks. In addition to that, he also is an openly gay man who is well aware of the symbolism and reality of both positions.
As published in the Atlanta Business Chronicle on June 23, 2017
Atlanta-based Friendship Force International is celebrating its 40th anniversary by launching a $1 million fundraising campaign.
Friendship Force is a pioneer in promoting global understanding through the citizen homestay experience. Its 40th anniversary campaign will seek to develop new initiatives to involve more people to travel with a purpose to create a more peaceful world.
As published in the Atlanta Business Chronicle on June 23, 2017
History is being remade at the Atlanta History Center.
The Battle of Atlanta Cyclorama painting and the locomotive Texas now are anchored in the new Lloyd and Mary Ann Whitaker building — still under construction — on the Atlanta History Center’s Buckhead campus.
The move caps the extraordinary five-year tenure Sheffield Hale has held as president and CEO of the Atlanta History Center.
As published in the Atlanta Business Chronicle on June 16, 2017
The Community Foundation for Greater Atlanta has named Literacy Action and Trees Atlanta as the recipients of its 33rd annual “Managing for Excellence” awards.
The recognition is one of the most sought-after awards among Atlanta’s nonprofit organizations. The Community Foundation rewards nonprofits that are exceptionally well-run with outstanding management and governance practices combined with innovative thinking.
As published in the Atlanta Business Chronicle on June 16, 2017
Atlanta’s role as a leading hub for global health held center-stage during the 2017 Rotary International convention – an event where nearly 36,000 Rotarians, the Bill and Melinda Gates Foundation and numerous other partners committed another $1.2 billion towards the efforts of eradicating polio over the next three years.
Atlanta was the perfect venue for that announcement. It was here where Rotary first launched its foundation 100 years ago – a centennial celebrated at the culmination of the convention with birthday parties on June 14.
As published in the Atlanta Business Chronicle on June 9, 2017
Retired Genuine Parts Co. executive and philanthropist Wilton Looney has given $1 million to Children’s Healthcare of Atlanta in honor of his late wife Martha Looney. “Fortunately we talked about it just before she died [in October 2016], and she agreed,” Looney said in a telephone interview June 6. “It’s just something we wanted to do.”
As published in the Atlanta Business Chronicle on June 9, 2017
Atlanta-based corporate giants and major companies with an Atlanta presence stopped short of joining the chorus of criticism Democrats and environmentalists heaped on President Donald Trump’s decision June 1 to withdraw the U.S. from the Paris climate agreement.
But The Coca-Cola Co., Delta Air Lines Inc., The Home Depot Inc., and others firmly renewed their commitments to pursuing energy efficiency and reducing greenhouse-gas emissions, goals set forth by the 2015 Paris accord.
As published in the Atlanta Business Chronicle on June 2, 2017
Don’t be surprised if from June 5 to June 14, Atlanta looks more international than usual.
Rotary International will be holding its 108th annual convention in Atlanta — commemorating the 100th anniversary of the launch of the Rotary Foundation — which happened at the Rotary convention held in Atlanta in 1917. That’s when Arch Klumph proposed creating an endowment with a purpose of “doing good in the world.” The foundation began with a war chest of $26.50, but today it has assets of more than $1 billion, and that’s after it has invested more than $3 billion in philanthropic causes in virtually every corner of the world.
As published in the Atlanta Business Chronicle on June 2, 2017
Doug Shipman will be the new president and CEO of the Woodruff Arts Center, succeeding Virginia Hepner, who has held the post for the past five years.
Shipman, 44, is the CEO of BrightHouse — a global creative consultancy that is part of BCG (Boston Consulting Group). But Shipman is best known for the nine years he spent exploring the feasibility, developing and opening Atlanta’s Center for Civil and Human Rights. He left the center after its first full year in business.
As published in the Atlanta Business Chronicle on May 26, 2017
Oglethorpe University has friends and family to thank for launching a new building effort on the heels of completing the most ambitious fundraising campaign in its history.
Among its closest friends are Tom and Ann Cousins, who have given Oglethorpe a $2.5 million lead gift for the university’s new Center for Science and Innovation, the largest single gift the institution has ever received from an individual family.
The new $20 million center will be built on the university’s historic quadrangle, and it will include new science labs as well as an innovation component that will distinguish Oglethorpe among its peers — connecting liberal arts to experiential learning.
As published in the Atlanta Business Chronicle on May 19, 2017
Georgia Gov. Nathan Deal will be honored by the Council for Quality Growth with its 28th annual Four Pillar Award on Oct. 5 at the Georgia World Congress Center.
It is the first time the Council has presented the Four Pillar Award to a sitting governor.
The Council said Deal was being honored for his contributions to economic prosperity, education and transportation in Georgia. The Council’s Four Pillars of leadership – quality, responsibility, vision and integrity – exemplify the organization’s mission of promoting balanced and responsible growth.
