The SunTrust Foundation presented the Westside Future Fund a $5 million grant Monday morning to support more affordable housing and provide entrepreneurial and small business opportunities for community residents.SunTrust CEO Bill Rogers said the grant, the single largest gift in the foundation’s history, had been in works before the bank announced its merger with BB&T.
As published in the Atlanta Business Chronicle on February 22, 2019When Dan Cathy first began challenging the Atlanta business community to invest in Atlanta’s Westside, businessman Arthur Blank suggested to the CEO of Chick-fil-A Inc. that he should open a restaurant in the community.
The Atlanta City Council unanimously approved plans on Monday for the Echo Street Communities development in English Avenue, one of the first large-scale developments in the area that has triggered strong alarm among many residents concerned about gentrification on the Westside.
The affordable housing plans for the project, which also includes thousands of square feet in office space and retail, match the city’s guidelines, with 35 potential additional affordable units in the works.
It was a big crowd for 7:15 on a Friday morning — probably about 300 people eventually squeezed their way into the meeting room. That shows the hunger of the west side’s most committed partisans to hear what Atlanta’s still-new mayor would say about their neighborhoods and its struggles.
The pair of parks set to open in English Avenue and Vine City next year will mean more than acres of places to play, exercise or relax. They’re also meant to bring benefits that won’t be obvious by looking.