By Maria Saporta Selecting a team to redevelop the Civic Center property is just the beginning of what could be a turning point for intown Atlanta. The board of the Atlanta Housing Authority voted unanimously on Aug. 24 to begin formal negotiations with the redevelopment team of Washington, D.C.-based Republic Properties, Camden, N.J.-based Michaels Organization […]
Tag: Atlanta Civic Center
The redemptive potential of Old Fourth Ward’s languishing Atlanta Civic Center
Gone are the days of Broadway musicals, concerts, lectures and commencement ceremonies at the historic auditorium. But public officials in Atlanta say the mammoth isn’t down for the count, but rather hibernating, awaiting its potential resurrection as a place to live, work and play.
Ceiling the deal by Kelly Jordan
This week’s theme is Ceiling the deal:
Potential buyer of Atlanta Civic Center: Deep pockets, experience in metro Atlanta
The Houston-based company negotiating to buy the Atlanta Civic Center property has a market cap of $4.05 billion, a regional office in Dunwoody, and has been developing shopping centers and other commercial real estate since 1948 – all of which indicates the company has the wherewithal to create a game-changing development on the northern end of downtown Atlanta.
Who’s tending the chicken coop? Atlanta activists question sale of public assets to private investors
The question of who’s tending the public chicken coop is arising as Atlanta moves with all deliberate speed to promote private development around the Falcons stadium and several publicly owned properties in or near downtown Atlanta – including Fort McPherson, the shuttered Army base.
The general public isn’t alone in raising questions. Atlanta City Councilmember Joyce Sheperd made this comment about the potential sale of most of Fort McPherson to filmmaker Tyler Perry: “I’m a little concerned about the fact that I first heard it on the news.”
