Atlanta’s efforts to promote the technology industry now include a $1 million tax exemption for new and emerging businesses and an innovation campaign sponsored by the National League of Cities.
Tag: Development
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Dredging company wins contract for Savannah, vows to protect environment, marine habitat
After 16 years of planning and debate over the deepening of the Savannah Harbor, the federal government announced Wednesday it has hired a company to begin the first phase of dredging.
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Riverkeeper opposes proposed fuel pipeline along Savannah River basin, coast enroute to Jacksonville
The Savannah Riverkeeper is sounding the alarm over a proposed 360-mile pipeline for refined petroleum and ethanol that’s to be built from South Carolina to Savannah and across coastal Georgia to Jacksonville, Fla. The first of five public meetings is set for Wednesday in Savannah.
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Housing crisis: Attention refocuses on aiding families, neighborhoods
Nearly six years after the official end of the Great Recession, a lot of work remains to be done in metro Atlanta to help families recover what for many is their greatest source of wealth – home values.
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Fort McPherson wins ARC grant to update area master plan as Tyler Perry studio deal unfolds
As Tyler Perry prepares to purchase most of Fort McPherson, the Atlanta Regional Commission on Wednesday provided a $60,000 grant to update a 2004 master plan for the surrounding area.
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Atlanta Streetcar could expose city to liability for damage to underground utilities
The Atlanta Streetcar could make the city liable for tens of millions of dollars for repairs stemming from stray electricity used to power the system, city officials said Tuesday.
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Atlanta quiet on contract to oversee $1 billion in planned construction
A major contract to manage more than $1 billion in planned construction at Atlanta’s airport is on schedule, though an airport official won’t discuss even the schedule.
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New GDOT board member serving north metro Atlanta supports transit
Former House Speaker Mark Burkhalter took the oath of office Thursday to represent the 6th congressional district on the board that oversees the Georgia Department of Transportation.
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Atlanta’s new housing strategy renews focus on homes affordable to low- and mid-income workers
Atlanta has created a five-year housing strategy that aims to spur $100 million in new residential investments and raise the city’s population by 42,000 residents.
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Legislature: Transit funding to be protected despite issues with Georgia Constitution
The author of the proposed $1 billion statewide transportation legislation said Thursday he is committed to ensure that the bill will fund transit, despite issues with the Georgia Constitution.
“In the bill, we talk about dedicating money toward transit,” said House Transportation Committee Chairman Jay Roberts (R-Ocilla). “We realize that you can’t dedicate [funding to transit] without a constitutional amendment…. Unfortunately, within the bill, I can’t put something in for the budget.”
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Good news on Atlanta’s water debt may raise support for bond referendum
Atlanta’s upcoming $250 million bond referendum could get a political lift from positive credit rating actions on the city’s water bonds.
Moody’s Investors Service assigned a top investment grade rating to $1.25 billion in water bonds the city intends to sell Feb. 24. Atlanta will use the money to refinance existing debt at a lower cost.
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Worldpay’s economic impact statement shows why civic leaders covet tech firms
A report by Invest Atlanta on the projected economic impact of Worldpay’s move to Atlantic Station illustrates the reasons city leaders want more tech firms in the city.
The jobs pay well and will add significantly to the city’s tax base. The products these employees create are of a high value, and the work process doesn’t create the environmental challenges of some other industries.
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Sharply-higher profits of local owner of New York Stock Exchange beat analysts’ forecasts
The local company that purchased the New York Stock Exchange reported profits Thursday that beat analysts’ expectations.
Intercontinental Exchange, Inc. has created ways to capitalize on the shift from personal to electronic trading, putting it at the heart of metro Atlanta’s robust financial technology sector.
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Reed seeks to boost IT sector; lawyers say it’s ready to grow, create diverse jobs
Technology already is a thriving industry in metro Atlanta, and it came as no surprise when Atlanta Mayor Kasim Reed said Wednesday he plans to promote the sector by keeping more technology graduates in the city.
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Metro Atlanta’s home rentals, sales, construction a mixed bag
A recent study shows housing in metro Atlanta is much cheaper to buy than rent, just as a new report suggests the national housing market may be poised for an upswing.
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Soon to be in metro Atlanta, Google fiber has benefited other cities
Based on the experience of other cities where Google has installed high-speed Internet cable, Atlanta’s entrepreneurial community could gain a great deal of momentum.
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Atlanta provides NCR $3.2 million for Midtown move; terms unavailable
By David Pendered
Atlanta has provided a $3.2 million grant to NCR to help fund its relocation to Midtown. Terms were not available.
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Underground ATL: Ga Tech grad shows time right for redevelopment
As Darron Cooper completed a research paper about Underground Atlanta last year at Georgia Tech, he had no idea the city was on the brink of selling Underground to a developer.
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Atlanta plans $200,000 study to help Turner Field neighborhoods
Atlanta is poised to ask the ARC to help fund a $200,000 study intended to help guide the redevelopment of neighborhoods surrounding Turner Field.
The ARC would provide $160,000 and the city’s match of $40,000 would be provided by the city and by Invest Atlanta, the city’s development arm, according to legislation that’s due to be adopted Monday by the Atlanta City Council.
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BeltLine a player in dense projects near Piedmont, Fourth Ward parks
The Atlanta BeltLine is involved in two projects that could add 22-story structures next to the Historic Fourth Ward Park, and eight-story apartment buildings a half-mile north of Piedmont Park.
At Historic Fourth Ward Park, the BeltLine is seeking to rezone land to a classification that allows buildings up to 225 feet high. The site includes the Masquerade nightclub, located in a stone structure built in 1900.
