On Dec. 18, the Invest Atlanta board sent $60,000 in funds from the Westside TAD to help stabilize the historic ruins of the old St. Mark Church and prevent the stone walls from collapsing. According to Invest Atlanta documents, the funds will pay for critical “wall capping,” drainage improvements and temporary shoring. All are required […]
Tag: invest atlanta
Invest Atlanta keeps up downtown business boost ahead of World Cup
At an Oct. 16 meeting, the Invest Atlanta Board of Directors approved a host of grant funds to help revitalize downtown Atlanta as the city’s economic development agency continues to gear up for the World Cup in 2026. As Atlanta prepares to host eight FIFA World Cup matches next summer, local leaders are pushing to […]
Invest Atlanta gives another $1 million to keep Gaines Hall stable
Invest Atlanta approved another $1 million for the ongoing stabilization of historic Gaines Hall at its Sept. 18 board meeting, and officials said the struggling building is on track to be steady by 2027. Gaines Hall, built in 1869, was the first permanent building on the Atlanta University campus, now Clark Atlanta University. It was […]
Invest Atlanta greenlights ‘The Stitch’ special tax district
Invest Atlanta board members okayed an intergovernmental agreement with the city to manage a Special Services District on June 18 that will tax nearby commercial and residential properties to help pay for “The Stitch,” an ambitious project that aims to cap the downtown highway connector with 16 acres of parks and green space. The board […]
Beltline approves largest-ever $242 million budget
Atlanta Beltline, Inc. and Invest Atlanta approved a $242 million budget for Fiscal Year 2026 on June 18, the largest in the organization’s history. It’s a 20 percent increase from last year’s record-breaking $172 million budget. But the hefty fund is set to pay for some major work on the 22-mile trail project and its […]
City kicks off abandoned Atlanta Constitution building redo
On June 6 Mayor Andre Dickens and Invest Atlanta kicked off renovations on the latest neglected Downtown Atlanta site — the long-abandoned former Atlanta Constitution building. The $40.6 million dollar transformation will turn the historic building into “Folio House,” a combination of affordable housing and commercial space. It’s part of the city’s ongoing effort to revitalize […]
Invest Atlanta OKs $3 million for mixed-use Oakland City project
Two historic warehouses in Oakland City are set to be transformed into a transit-oriented hub with retail, office space, and multifamily lofts by 2026, with newly approved funding from Invest Atlanta. The city’s economic development entity approved $3 million in Beltline Tax Allocation District (TAD) dollars for the construction of 126 loft units at Oakland […]
Invest Atlanta meeting tackles West Midtown closures, Beltline fears and Amsterdam Walk
The Invest Atlanta board addressed a list of concerns at a Feb. 20 meeting, including a roster of restaurant closures in West Midtown, funding fears for the Beltline and transparency on an upcoming Amsterdam Walk development. More than a dozen restaurants in West Midtown have shuttered in recent months. In January, eight establishments shut their […]
Westside Future Fund offers lessons on building communities from the ground up
The Westside Future Fund has a delicate balancing act. How can one revitalize a community without displacing legacy residents because neighborhoods have become unaffordable?
Historic Oakland Cemetery receives major city grant to complete campaign
Atlanta’s historic Oakland Cemetery has successfully completed its $12.5 million capital campaign thanks to a $1.5 million grant from Invest Atlanta, the city’s economic development arm.
At long last, there’s hope for historic preservation on the Westside
A $1 million grant from the National Park Service to renovate two historic homes in Vine City is a sign that finally Atlanta is grasping the value of preserving our unique Black history on the Westside.
NPS grant of $1 million to help restore two historic homes in Vine City
Two historic, but dilapidated homes in Atlanta’s Vine City, will be preserved thanks to a $1 million grant from the National Park Service.
Auburn Avenue’s Front Porch project to offer affordable housing and retail spaces
With a focus on equity and the revitalization of Auburn Avenue, a ceremonial groundbreaking was held Wednesday for Front Porch, a $30 million project spearheaded by the nonprofit Historic District Development Corp.
Reporter’s Notebook: Polo Ralph Lauren introduces new collection and film based on Morehouse, Spelman’s historic heritage
The SaportaReport team would like to take a moment to honor former Atlanta Mayor Sam Massell. He was elected as Atlanta’s 53rd mayor in 1970, becoming the first Jewish person to hold the office. He was a strong proponent for diversity within city leadership when the political landscape was white-dominated and laid the foundations that made MARTA […]
Wells Fargo ‘Open for Business’ Fund donates $20 million for local small businesses
The fund was created to help small businesses stay open during the COVID-19 pandemic. By Allison Joyner Wells Fargo announced today that they are donating $20 million to help small businesses in Atlanta — particularly those owned by minorities — create assets and make storefront improvements. “As a company, we commit to make the communities […]
Brian McGowan named president of Centennial Yards
The Centennial Yards Co., owner and master developer of the Centennial Yards district in downtown Atlanta, announced Thursday in a release that it has named former Atlantan Brian McGowan as its president.
Fulton commercial tax breaks get a day in court
Judge’s OK needed for tax breaks on four Atlanta development deals.
Reporter’s Notebook: Jump-start for construction at Greenbriar, voting and more
Also, new life for two Grant Park monuments.
Atlanta board OKs controversial cash, tax breaks for major companies
BlackRock, Norfolk Southern and Invesco.
