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.
