$1,600 not affordable enough, say board members.
Atlanta will soon have a new Fortune 500 company headquarters – Norfolk Southern Corp.
The railroad company officially announced it is moving its corporate headquarters from Norfolk, Va. to Atlanta – a process that will take a couple of years to complete.
As published in the Atlanta Business Chronicle on April 27, 2018
Two legacy Atlanta companies will be marking similar milestones this year.
Genuine Parts Co. and Rollins Inc. are both celebrating 50 years on the New York Stock Exchange. GPC will ring the closing bell on June 5, and Rollins will ring the closing bell on Aug. 10.
The Atlanta Housing Authority did not call a special board meeting by Wednesday evening to vote on a plan to refinance the debt on the Villages of East Lake – a date needed for the project to receive $5 million in federal funds.
The Cousins Foundation sent a pointed letter to AHA’s board and executives following their Feb. 28th board meeting, when they did not put the East Lake financing on the agenda.
Atlanta-based Cousins Properties announced Tuesday that it will develop in Austin an office tower that’s already fully leased. The announcement follows the company’s Jan. 4 reported closure of a $1 billion unsecured credit facility to help fund future investments.