Metro Atlanta ranks 10th out of the nation’s top 15 metro regions for investment potential in commercial loans, according to a new report by the industry watcher Trepp. In a small way, the bankruptcy of a popular bicycle business with four shops in the region shows why metro Atlanta isn’t ranked higher.
Category: Latest News
Park Pride investing $864,000 in parks in Atlanta and DeKalb
By Maria Saporta Park Pride announced today that it is granting a total of $864,000 to 21 community groups in Atlanta and DeKalb County to fund capital park improvements. According to a news release, that means that since 2004, Park Pride has awarded more than $6.6 million to projects that include new playgrounds, bridges and […]
Fulton agency approves nearly $100 million in property tax abatements
Fulton County’s development agency on Tuesday approved tax abatements worth nearly $100 million over 10 years in Atlanta, more than half of that for MetLife Inc.’s mega Midtown development.
Environmental impact of future inland port cited as state plans review of freight network
The environmental review is underway for a planned inland port to be built northeast of Gainesville. Presuming it opens, the facility that’s billed as a way to ease traffic congestion in metro Atlanta is likely to be heralded as a success as the state House prepares to update Georgia’s decade-old rail improvement plans.
Atlanta Hawks leaders salute native son Martin Luther King Jr.
In honor of the Martin Luther King Jr. holiday, the Atlanta Hawks took full advantage of the team’s relationship with its city and its native son.
Women, people of color in Georgia Senate call out crummy committee assignments
“The eyes of Georgia are watching, especially the women of Georgia, who are now engaged in voting in record numbers. Thank goodness they’re voting and they’re engaged … ”
Posting CEO pay of non-profit hospitals part of proposed reform of health system
Five CEOs are paid a total of more than $9 million a year to run non-profit hospitals in metro Atlanta, according to the hospitals’ latest available tax returns. These salaries, and other hospital financials, are to be made more readily available to the public as the part of a proposed effort by the state House to “revolutionize” health care delivery.
Duriya Farooqui to lead Georgia-Pacific’s ‘Point A’ center for logistics innovation
Atlanta business and civic leader Duriya Farooqui has been tapped to be president of Georgia-Pacific’s Point A Center for Supply Chain Innovation, which was launched last year.
Atlanta hires new lobbyist as issues at Capitol include proposed take-over of airport
Atlanta Mayor Keisha Lance Bottoms has hired a new chief lobbyist for the city, who got her lobbying badge for the city on Wednesday as Atlanta prepares to deal with issues including a proposed state take-over of the management of the city’s airport.
Delta funding means King historic site will be open from Jan. 19 to Feb. 3
Thanks to an $83,500 grant from the Delta Air Lines Foundation, the National Parks Service will open the doors of the Martin Luther King Jr. National Historic Park for 16 days – from Jan. 19 through Feb. 3.
State’s birding art contest for students attracts gifted young artists
Young artists are again invited to participate in a state contest to draw a bird in a contest, this one to appear on the T-shirt of the 14th Annual Birding Competition. The instructions sound pleasant enough, but a glance at a recent winner shows the skill that socially engaged youngsters bring to the event.
Atlanta Fed District voices concerns over economy, other districts sound same note
The real-time snapshot of the Southeast regional economy released Wednesday by the Federal Reserve cites concerns over politics and trade. This notion of unease tracks comments in a speech the Fed’s vice chairman delivered last week, when he observed that patience is the watchword at the start of 2019.
Upcoming stop on Georgia House’s transportation agenda: freight
A powerful Georgia state lawmaker is about set in train a good look at railroads, to get more freight moving through Georgia more quickly. That might also mean better drives for folks in cars.
Brookhaven’s new $40 million parks bond earns top credit rating; city already spending proceeds
Brookhaven hasn’t wasted a minute in ramping up projects with the $40 million bond for parks and facilities voters approved in November 2018. Just four days after Moody’s Investors Service awarded the bonds its highest rating, the Brookhaven City Council approved two contracts related to parks improvements.
40 days of Georgia legislature begin and Atlanta’s got a wish list
The Georgia Legislature starts its annual session with a new governor and a lot of new members. The city of Atlanta wants a couple of adjustments to state law, but that’s not all of interest to the city and its residents.
Season opens for ‘poor man’s salmon,’ which helped Washington beat the Brits
The commercial season has opened in two Georgia rivers for a fish once known as the poor man’s salmon, a herring that some revere for its role in preventing George Washington’s troops from dying of starvation as they camped near Valley Forge.
Atlanta Streets Alive slated to receive $200,000 from city to support three events
Atlanta Streets Alive has scheduled three events this year and the City of Atlanta intends to provide the sponsor with $200,000 to help cover the cost of closing streets to vehicles so that pedestrians and non-motorized conveyances can have their afternoon on the asphalt during each event.
New round of public meetings scheduled on trims to Atlanta public works projects
As Atlanta decides how to try and cover road, sidewalk and other repairs with a pot of money that’s not big enough, city residents can expect to see three scenarios on what high-profile projects in two programs may — or may not — get done.
MARTA leader calls for “moon shot” metro Atlanta transit effort
With an audience of elected leaders from all over metro Atlanta and beyond, MARTA’s leader said the region needs to have a “big goal” as it looks toward the next 40 years of transit.
Gov.-elect Kemp views strong state tax revenues as he ponders first budget proposal
Incoming Gov. Brian Kemp has the benefit of delivering his first budget proposal to the Legislature as the state economy continues to expand and spin off an increasing amount of tax revenues, according to an economic outlook contained in a new policy brief by Georgia’s state economist.
