The developer of the Gulch has spent slightly more money with minority- and female-owned businesses than is targeted in the agreement with Atlanta, the developer reported Wednesday during a 10-minute presentation to a committee of the Atlanta City Council.
Tag: gulch
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The Gulch: Consultants line up for contract to rebuild MARTA’s Five Points Station
MARTA has started the process of transforming the Five Points Station into a transportation hub to serve the planned mini city to be built at The Gulch.
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Cash from Gulch deal’s affordable housing trust fund allocated toward ‘offsetting rising property taxes’
Atlanta Mayor Keisha Lance Bottoms on Monday announced the first chunk of an affordable housing trust fund spawned from the controversial Gulch redevelopment deal would go toward combating displacement among the city’s longtime residents.
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Court hands big win to city, would-be developer in Atlanta’s Gulch
Dislike of deal doesn’t make it illegal, says court.
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First Atlanta Gulch tax incentive case lands in Supreme Court of Georgia
Critics say a huge subsidy for the Centennial Yards developer isn’t legal.
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Atlanta mayor: City could deposit first $4.6 million into affordable housing trust fund in December
Atlanta Mayor Keisha Lance Bottoms announced Friday that the first cash injection for a potentially $28 million citywide affordable housing trust fund could be made next month.
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Deja vu at the Gulch: Judge rules for tax subsidy procedure, opponents plan appeal
A Fulton County judge says Atlanta followed the rules when a split City Council OK’d bond-backed public subsidies for a proposed private remake of Downtown’s Gulch. Opponents will ask a higher court’s opinion, in a dispute that’s gone on for almost a year.
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Atlanta Gulch development gets a court victory; subsidy opponents plan appeal
A Fulton County judge says public agencies acted their parts correctly according to law and the Georgia constitution in a complex procedure that will see lots of public money used for a private development.
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Update: Atlanta, schools reach deal over Gulch developer subsidy
Atlanta Public Schools will forego some property taxes as part of a city-state plan to subsidize development in the Gulch, in a deal that touches on such development subsidies across the city.
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Fulton judge considering part of public finance deal for Gulch construction
A judge is starting to consider legal objections to a deal for the city, state and county to forego tax money that would instead subsidize a private development in Atlanta’s Gulch.
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Day in court scheduled for challenges to public financing for Gulch construction
Atlanta’s schools, plus a separate set of activists, have filed court challenges to a controversial city plan to subsidize a huge private construction project in the Gulch.
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Atlanta schools assert a right to get out of deal to subsidize Gulch
Atlanta Public Schools are asserting a right to get out of a deal that will see state and local governments forego something nearing maybe $2 billion in taxes through 2038 to subsidize a new development in the Gulch.
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Let’s hop on board to build an iconic multimodal station in the Gulch
With approvals from the Atlanta City Council and Invest Atlanta, the Los Angeles-based CIM plan to redevelop the Gulch is moving forward.
Now we can dream a little on how we can make the Gulch development a spectacular centerpiece for our city.
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The Gulch – Gulp, what now?
By Guest Columnist MIKE DOBBINS, professor of the practice of planning at Georgia Tech’s College of Architecture and former Atlanta planning commissioner
With the Atlanta City Council’s action to approve the CIM deal to develop the Gulch in Downtown Atlanta, what should city officials and citizens be doing to follow up the many, many complicated steps, approvals, and financial transactions that will now persist over a 20-plus year timeframe?
As it happens, we have a precedent.
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Norfolk mayor: Norfolk Southern’s move to Atlanta may not occur quickly
Norfolk Southern’s plan to secure up to $600 million in funding for a new office building from Invest Atlanta, the city’s development arm, was deferred Thursday. In addition, Norfolk’s mayor was quoted Thursday saying the company’s move from Norfolk may not happen as soon as some think, and the company’s latest federal financial report portrays it as being in a strong financial position in the booming transportation sector.
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Gulch gets another greenlight; Invest Atlanta approves tax incentive deal
Three days after Atlanta City Council approved public financing for a developer planning a huge rebuild in the Gulch, the city’s economic development authority ratified financial and development deals to advance the project.
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Atlanta City Council approves partially publicly financed Gulch redevelopment
Atlanta City Council has OK’d a deal that will let a developer tap something approaching $2 billion in tax money that will be collected in the Gulch over decades to build up the Gulch itself.
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Mayor Bottoms: Would be ‘travesty’ to lose Norfolk Southern deal
Atlanta Mayor Keisha Lance Bottoms said Friday morning it would be a “travesty” to lose the relocation of Norfolk Southern’s corporate headquarters to the city.
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Norfolk Southern CEO warns Atlanta HQ move will be derailed without Gulch deal
Norfolk Southern CEO Jim Squires says that if the Atlanta City Council fails to approve CIM’s Gulch deal at its meeting on Nov. 5, the railroad company will not be moving its headquarters to Atlanta.
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Publicly financed Gulch deal teed up for Atlanta City Council consideration, again
Atlanta Mayor Keisha Lance Bottoms has sent a revised, and somewhat simpler proposal to City Council Council that still makes a big ask for future tax dollars to subsidize major new construction in the Gulch.
