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Atlanta-born Purpose Built Communities accelerates work revitalizing neighborhoods

As published in the Atlanta Business Chronicle on October 6, 2017

OMAHA – Hundreds of people gathered from Oct. 2-4 here in the hometown of famed billionaire investor Warren Buffett to review the accomplishments of Atlanta-based Purpose Built Communities and preview its future efforts.

Buffett told the 500 attendees at the 8th annual Purpose Built conference how he was hesitant when Atlanta real estate developer Tom Cousins first approached him years ago to be an investor in the redevelopment of Atlanta’s East Lake community.

“I was skeptical, but you never want to underestimate Tom Cousins,” Buffett said. “He’s been going around like Johnny Appleseed… He has resurrected neighborhoods. There’s no one I would rather partner with.”