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Inman Yard, edit

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.

ajc building

Affordable housing goals meet market realities in proposed Atlanta developments

For starters, the monthly rent is to jump by nearly 50 percent at one proposed apartment complex that’s to replace a planned teardown of duplexes located north of Atlanta’s Oakland Cemetery. This is just one of several developments that may give members of the Atlanta City Council an opportunity to ponder aloud the city’s state of affordable housing.

Gaines Hall

Georgia Supreme Court rules in favor of Clark Atlanta and against Invest Atlanta in Morris Brown land sale

The Georgia Supreme Court has ruled in favor of Clark Atlanta University over ownership of former Morris Brown College land – virtually exhausting Invest Atlanta’s legal options on the case.

The Georgia Supreme Court reaffirmed last year’s ruling by the Georgia Court of Appeals, which agreed that Clark Atlanta had legal right to the Morris Brown property.