The Atlanta BeltLine’s most dramatic influence on the city’s growth and decline appears in two areas of Northwest Atlanta. Since 2000, population has dropped by 16 percent south of the future Westside Park, and more than doubled west of Atlantic Station, according to an Oct. 14 report on equitable development along the BeltLine.
Tag: invest atlanta
Posted inAtlanta Civic Circle
After dodging foreclosure, Westside’s London Townhomes bound for $40 million revamp
After helping bail out a decades-old co-op community on the Westside from the threat of foreclosure, a public-private development partnership aims to restore the 200 residences to the tune of $40 million — and the vast majority of them will remain affordable.
Posted inLatest News
Fulton board OK’s developer property tax break a day after Atlanta asks them not to
The break would be worth $3.4 million over 10 years to a BeltLine-area apartment in Blandtown.
Posted inLatest News
Atlanta’s urban renewal, economic mobility programs to face more oversight
The Atlanta City Council is poised to secure greater control over the city’s largest and most successful urban renewal program, in addition to the city’s sweeping programs that aim to promote economic mobility and equity for city residents.
Posted inLatest News
Atlanta board OKs loans, tax breaks for affordable housing in six places
Atlanta kicks in on below-market-rate housing.
Posted inLatest News
More affordable houses, apartments bound for Atlanta’s Westside
Hundreds of new homes priced as affordable are headed for Atlanta’s Westside by way of a couple new projects supported by Invest Atlanta, the city’s economic development arm.
Posted inLatest News
Atlanta board approves property tax break for affordable East Lake apartments
Rent as low as $1,205 for a one-bedroom apartment.
Posted inLatest News
East Lake developer sent back to drawing board for more affordable apartments
$1,600 not affordable enough, say board members.
Posted inLatest News
Credit downgrades for loans on Mercedes Benz Stadium, State Farm Arena announced Tuesday
Credit downgrades were announced Tuesday on five loans taken out by two governmental entities that used the money to help pay for the Mercedes Benz Stadium and State Farm Arena, according to rating actions issued by Moody’s Investors Service.
Posted inLatest News
Invest Atlanta, Clark Atlanta end dispute; $4.14 million for damaged historic building
But it will cost much more than $4.14 million to fully restore Gaines Hall.
Posted inLatest News
WRS’ Scott Smith urges Invest Atlanta, ABI to reconsider Murphy Crossing deal
T. Scott Smith, CEO of WRS Realty, said in a telephone interview Friday morning that Invest Atlanta and Atlanta BeltLine Inc. need to revive Place Properties’ proposed Murphy Crossing development.
Posted inLatest News
Atlanta BeltLine and Invest Atlanta cancel $200 million plan for Murphy Crossing
It’s back to square one for Murphy Crossing.
The Atlanta BeltLine Inc. has terminated a memo of understanding that it had with the development team that had proposed investing $200 million to transform a 20-acre site on the southern part of the BeltLine.
Posted inLatest News
TAD funding for affordable housing near Beltline could get a boost
Atlanta’s economic development agency, Invest Atlanta, could be directing more funding for affordable housing along the Beltline during the next fiscal year.
Posted inLatest News
Norfolk Southern could sell its new headquarters in five years, company says in disclosure
Norfolk Southern could sell its new headquarters in Midtown five years after the lease begins in 2021, the company said in a recent financial disclosure. Atlanta’s development arm expects the company to stay in place 10 years as part of the $600 million package it provided the company.
Posted inLatest News
Invest Atlanta offering loans to small businesses as part of city’s response to COVID-19
Invest Atlanta has created a new $1.5 million loan fund for small businesses that have been disrupted by the new Coronavirus pandemic.
Posted inLatest News
Invest Atlanta grants nearly $5 million from TAD funds
“I would hope we can uncover more of these projects … so I’ll give you that challenge.”
Posted inLatest News
Saved from foreclosure, Atlanta Housing’s London Townhomes project could be “success story” for agency
A humble, decades-old co-op community just inside The Perimeter’s westernmost reaches seemed destined for foreclosure in 2017. But thanks to a collaboration between Atlanta’s housing authority and real estate developer The Benoit Group, the London Townhomes complex is primed for a major upgrade.
Posted inColumns
Federal program extended to foster jobs in low-income areas: A partial win for advocates
A threatened federal program that has helped fund redevelopments throughout Atlanta has been taken off life support – for another year. The Flatiron Building, Christo Rey Atlanta High School, Grady Memorial Hospital and the Tyler Perry studio are among the projects Invest Atlanta has funded through the New Market Tax Credit program.
Posted inMaggie Lee
Atlanta taps the brakes on some developer incentives. It’s not alone.
“It tends to be in what you would say are superstar successful cities …”
Posted inLatest News
Invest Atlanta okays creation, rehab for 709 affordable housing units
The City of Atlanta’s economic development agency approved bond resolutions that would help fund the construction and restoration of more than 700 affordable apartments.
