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 […]
Tag: invest atlanta
Posted inAllison Joyner
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 […]
Posted inLatest News
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.
Posted inLatest News
Fulton commercial tax breaks get a day in court
Judge’s OK needed for tax breaks on four Atlanta development deals.
Posted inLatest News
Reporter’s Notebook: Jump-start for construction at Greenbriar, voting and more
Also, new life for two Grant Park monuments.
Posted inLatest News
Atlanta board OKs controversial cash, tax breaks for major companies
BlackRock, Norfolk Southern and Invesco.
Posted inLatest News
Atlanta BeltLine: Equitable development report amid concerns over citizen input
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.
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.
