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.
Tag: Development
Posted inColumns
City seeks to demolish four houses along BeltLine as market doesn’t warrant their upkeep
Crytocurrency doesn’t have a thing on real estate along the Atlanta BeltLine when it comes to the adrenalin rush of speculative investing. The city’s proposal to demolish four derelict houses reminds of that, along with the tatty condition of some dwellings in BeltLine neighborhoods that are supposed to be poised for a gold rush.
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Georgia expanding cyber facility near Augusta as part of build-up by military, industry
Georgia’s role in enhancing the nation’s cyber security was underscored by the groundbreaking last week for the state’s second cyber range in Augusta. The expansion of the state’s footprint is underway as the U.S. Army is developing the Cyber Center of Excellence at nearby Fort Gordon and at least one industrial partner has built a cyber facility.
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Stonecrest to unveil guerrilla digital program on Wednesday to woo Amazon
The DeKalb County city of Stonecrest is doubling down Wednesday morning on its nationally recognized bid for Amazon’s second headquarters, with the unveiling of a guerilla campaign to deliver its marketing message directly to every mobile device in Amazon’s offices in Seattle.
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Buckhead CID’s executive director refutes parts of story about Ga. 400 park project
Jim Durrett, executive director of the Buckhead Community Improvement District, strongly refuted Tuesday the notion that plans are afoot to tax condo owners in Buckhead to raise money for a planned park above Ga. 400, as reported in SaportaReport. Durrett also said the park’s financial model has been made public.
Posted inColumns
Taxing condo owners in Buckhead to pay for a planned park to be built above Ga. 400?
As preparations advance for a park that’s to be built over Ga. 400 in Buckhead, indications are emerging that backers may ask the Georgia Legislature to authorize a new property tax on condo owners in Buckhead to help pay for the project – priced at $250 million and mounting.
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Region’s bid for Amazon headquarters may be boosted by new CBRE report
Metro Atlanta’s high tech sector has received a positive review in a new report from CBRE, which may be helpful in the state’s quest to convince Amazon to locate its second U.S. headquarters in the region.
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Atlanta Audubon promotes habitats for birds, people in its updated mission
The Atlanta Audubon’s plan to restore a bird-friendly habitat at the Blue Heron Nature Preserve, in North Buckhead, is just the latest program by an organization that has ramped up its outreach significantly in recent years.
Posted inATL Business Chronicle
Underground Atlanta project progressing well, developer WRS says
As published in the Atlanta Business Chronicle on October 20, 2017
Since buying Underground Atlanta last April, WRS Inc. has been moving forward with development plans for the property.
WRS is partnering with Peak Campus, a student housing developer, to build a 700-bed building across from Georgia State University. The building also will have about 25,000 square feet of retail at street level. The student housing development should be open by the fall of 2020 for that school year.
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U.S. Housing secretary visits Bedford Pine to commend senior housing project
When U.S. Housing Secretary Ben Carson arrived Tuesday in Atlanta’s Bedford Pine neighborhood to tour a new apartment community for low-income seniors, there was little to remind of the long road traveled to complete the project. All eyes were looking forward, not back.
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Memorial Drive: A step toward increasing safety for cyclists, pedestrians, vehicles
Atlanta is moving forward with an ambitious program to improve the safety of cyclists and pedestrians as they interact with vehicles along burgeoning Memorial Drive. The project starts about a half-mile east of the state Capitol and extends about a quarter-mile.
Posted inColumns
Graying of metro Atlanta fuels construction of medical office buildings
A surge in the construction of medical office space has accompanied metro Atlanta’s rising number of older residents. The region now ranks among the nation’s top markets for investments in medical office buildings, according to a report from CBRE.
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Atlanta’s housing policies must be well-funded, comprehensive, inclusive
By Guest Columnist DAN IMMERGLUCK, a professor in the Urban Studies Institute at Georgia State University
In the book, City on the Verge, author Mark Pendergrast points out some of the challenges that the Atlanta BeltLine and the rest of Atlanta face in terms of housing affordability. He argues, for example, that the City should adopt mandatory inclusionary zoning, with a sliding scale to address the truly impoverished, as soon as possible in order to address the problem of declining affordability.
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Trees Atlanta hosts tree protection event as city embarks on redo of tree ordinance
As Atlanta city officials look to revamp the city’s tree ordinance, Trees Atlanta is hosting more than 100 folks at a conference where they are slated to hear practical advice on how to become effective advocates for the city’s tree canopy.
Posted inColumns
Atlanta’s vision for development aligns with King’s notion of ‘beloved community’
The title says it all, and there’s no mistaking the intention to align Atlanta’s newly minted long-range development plan with the notions of the Rev. Martin Luther King, Jr. – “The Atlanta City Design: Aspiring to the Beloved Community.”
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ATL annexation of Emory et al.: City confronts DeKalb’s complaint
Atlanta on Tuesday laid a big piece of its foundation for the upcoming legal effort to provide a seamless annexation into the city of Emory University and neighboring institutions. The move appears designed to address provisions in a state annexation law regarding future development and density in annexation areas.
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PSC gives Plant Vogtle a vote of support as legal fees rise, creditors sue for payment
Georgia’s utility regulating agency voted Tuesday for an action intended as a show of support for the struggling Plant Vogtle. Meanwhile, in bankruptcy court, filings show lawyer fees are mounting and creditors are claiming they aren’t scheduled to paid for labor and supplies.
Posted inColumns
The future of mobility being planned for SW Atlanta’s Campbellton Road
Atlanta’s first transportation corridor of the future is to be established in Southwest Atlanta along Campbellton Road by the city and MARTA. Naturally, a computer and the internet of things are at the heart of the effort.
Posted inLatest News
Trump’s infrastructure budget: MARTA concerned, road funding may escape woes
The headline on a new analysis of President Trump’s infrastructure agenda, issued by Moody’s Investors Service, seems to summarize the current state of affairs: “Trump’s executive order sheds little light on course of stimulus plan.”
Posted inColumns
Demolition of Jordan Hall another sign of Atlanta’s dereliction of historic buildings
By Guest Columnist JAY SCOTT, a principal at Green Rock Partners, an Atlanta-based firm specializing in urban design, landscape architecture and planning
The Metro Atlanta YMCA is about to destroy a significant part of civil rights history in the African American Community, historic Jordan Hall. They are not doing it alone.
Their primary partners are the Woodruff Foundations and Invest Atlanta, who have given more than half of the $20 million necessary.
