When Atlanta Mayor Kasim Reed announced May 31 that Atlanta remains committed to the Paris Climate Agreement, despite President Trump’s decision to pull out of the accord, Reed was in a group of 187 U.S. mayors who represent some 52 million Americans.
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Employee complaints stall program to keep birds from flying into Atlanta City Hall
The effort to prevent birds from flying into the windows of Atlanta City Hall and hurting or killing themselves has run into problems and is delayed. New measures are to be considered.
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Slowdown noted in multifamily construction as lenders tighten credit, oversight
The once white-hot construction market for multifamily residences in the Southeast is showing signs of cooling, according to builders cited in the Beige Book released Wednesday by the Federal Reserve’s Atlanta District. Lenders report they are increasing their oversight of loans for multifamily projects.
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Opening of Publix in northwest Atlanta welcomed by residents and politicians
Politics was on the shopping list at the opening of the new Publix on Moores Mill and Bolton roads Wednesday morning.
The ribbon-cutting ceremony provided a stage for people running for office and for those seeking to settle political scores and slights.
But the real stars of the day were the dozens, if not hundreds, of community residents who showed up at the store before 7 a.m. to celebrate the long-awaited amenity in their neighborhood.
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Hero or villain of Plant Vogtle could be billionaire pioneer of high risk junk bonds
The hero or villain of the effort to save Plant Vogtle could prove to be the head of a private equity firm who pioneered junk bonds and was nearly scuttled in 1990. Georgia Power protested terms of the loan deal, but a New York judge provided some protection and last week ordered that the entire $800 million in loan funds should flow.
Posted inATL Business Chronicle
Column: Cousins family helps Oglethorpe University be an ‘important institution’ to Atlanta
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.
Posted inATL Business Chronicle
Column: Gov. Nathan Deal to receive 2017 Four Pillar award
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.
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Incentives proposed to preserve affordability of homes, shops along BeltLine
Note to readers: This is the first of two stories about affordability along the Atlanta BeltLine. Coming Monday: Skyrocketing housing prices along BeltLine. // Rising land values along portions of the Atlanta BeltLine have resulted in steep price hikes for existing tenants of homes and businesses, forcing some to relocate. A new proposal aims to preserve the affordability of now-blighted areas as they are redeveloped.
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The Coca-Cola Co. funds South Fork Conservancy’s efforts at Zonolite Park
The effort to improve Peachtree Creek now includes a $25,000 grant from the Coca-Cola Co. that was used to install a rainwater harvesting system at Zonolite Park, in northeast Atlanta.
Posted inATL Business Chronicle
Atlanta leaders see what drives Motor City during 2017 LINK trip
As published in the Atlanta Business Chronicle on May 19, 2017
Note to readers: The 2017 LINK trip was the 21st annual trip, which began in 1997. Hundreds of regional leaders have been invited to participate on the LINK trips, which have visited Denver (twice), Dallas (twice), Seattle (twice), Chicago, Boston, San Francisco, Houston, Toronto, Vancouver, San Diego, Portland, Miami, Minneapolis-St. Paul, Cleveland, Philadelphia, Phoenix and Washington, D.C.
DETROIT — Metro Atlanta’s problems seem miniscule when compared to the challenges Michigan’s largest city has faced in recent years.
Posted inATL Business Chronicle
Column: Charlie Loudermilk gives to inspire homeless youth to succeed
As published in the Atlanta Business Chronicle on May 12, 2017
The Loudermilk family turned out May 3 for the naming ceremony of the Loudermilk Family Gymnasium at the Covenant House Georgia.
But Charlie Loudermilk Sr. showed up with a special surprise – one that even caught some members of his family by surprise.
Posted inATL Business Chronicle
With roots in the past, new CEO of Cox Enterprises faces future
As published in the Atlanta Business Chronicle on May 12, 2017
The fourth generation of the Cox family soon will be leading Cox Enterprises Inc., the largest privately-owned company in Georgia.
Alex Taylor, 42, the great-grandson of the company’s founder, will become the company’s CEO on Jan. 1, succeeding John Dyer, who has been with the company for 40 years.
Taylor and Dyer sat down with Atlanta Business Chronicle on May 8 at the headquarters of Cox Enterprises to talk about the transition in leadership and the future of the business.
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A home at last: Atlanta ‘Comfort Women’ statue is welcome in Brookhaven
The Atlanta Comfort Women have found a home – Brookhaven.
A statue of a young girl sitting in a chair originally was supposed to have been anchored at the Center for Civil and Human Rights. The memorial was an artistic depiction to shine the light on human sex trafficking.
But earlier this year, the Center reversed its decision to host the statue after getting pressure from business and international leaders.
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Anti-Trump protests cost Atlanta taxpayers up to $16 million for public safety
Atlanta taxpayers will pay up to $16 million for public safety services provided during protests in January against President Trump’s inauguration and his travel ban directed at seven Muslim-majority countries, Atlanta’s budget chief said Wednesday.
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Shepherd Center running team raising funds to treat wounded vets
As the nation prepares to honor those who died in service to the country, a team of former service members and civilians affiliated with the Shepherd Center are running eight consecutive half-marathons to raise awareness and funding for veterans still recovering from injury.
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Southern Co.’s Tom Fanning: Decision on Vogtle expansion likely to be made in August
CALLAWAY GARDENS – More than a dozen shareholders participated in a question-and-answer session with Southern Co. CEO Tom Fanning during the annual meeting that lasted two hours.
And most of the questions centered around the company’s efforts to adopt more renewable energy, vocally support the Paris Climate Accord and to become a more vocal industry leader addressing global warming and climate change.
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Trust for Public Land ranks Atlanta’s ParkScore as stuck in the middle
By Maria Saporta Atlanta is in the middle of the pack when it comes to parks among the 100 largest cities in the United States. The Trust for Public Land released its 2017 ParkScore Index on Wednesday morning – and Atlanta was tied with Dallas for the 50th spot. That ranking was a slight improvement […]
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Minority House Leader Stacey Abrams: ‘I believe in government’
By Maria Saporta House Minority Leader Stacey Abrams, in a talk before the Rotary Club of Atlanta Monday, previewed political themes she will use in a possible run for governor. Earlier this month, Abrams filed the necessary paperwork to launch an exploratory effort to run for governor in 2018. Abrams immediately disarmed the crowd when […]
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Agnes Scott President Elizabeth Kiss to step down June 2018
Agnes Scott College President Elizabeth Kiss sent an email to the institution’s alumnae announcing her intention to resign on June 30, 2018 – completing a dozen years at the helm of the liberal arts women’s college.
“Agnes Scott is a magical place, and I feel so blessed to have had the privilege of serving as your president for the past 11 years,” Kiss wrote in her email.
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WalkUPs holding value amid setbacks in broader apartment sector: CoStar
Chris Leinberger’s theories on the durability of walkable communities are holding up in the current setback in apartment sales and rent growth that’s been observed by CoStar. In a nutshell: Folks will pay a premium to live where they can avoid traffic congestion.
