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There's always something new happing in Atlanta. To
keep up to speed on the latest, check back often to
get the latest scoop.
July 22, 2010
200 Peachtree, Located in Former Macy's Building, Moves Forward
ATLANTA – Imagine Downtown, Inc. (IDI), an affiliate entity of the Atlanta Development Authority (ADA), has provided a $12 million New Markets Tax Credit mezzanine loan to convert the former Macy’s department store in downtown Atlanta into 200 Peachtree, a major mixed-use retail and entertainment destination. This $35 million project is located on Peachtree Street and occupies the first three floors of the historic building.
July 8, 2010
ADA Awards $3.3 million in Grants to Revitalization Projects in the Vine City and English Avenue Communities
ATLANTA – The Atlanta Development Authority (ADA) has awarded $3.3 million in capital improvement grants to projects located in the Vine City and English Avenue communities this summer.
June 30, 2010
Atlanta's Newest Tax Allocation Districts Now Open for Development
The long awaited Commercial Tax Allocation Districts are open for application as of June 30, 2010. The CTADs – Campbellton Road TAD, Hollowell/MLK TAD, Metropolitan Parkway TAD, and Stadium Neighborhoods TAD – are primarily focused on larger commercial, industrial and mixed-use developments with total project sizes of $5 million and greater. Follow the links below to access the TADs’ individual pages on the ADA website. Applications can be found after each district’s overview.....
June 14, 2010
ADA Celebrates its 500th Affordable Housing Closing
The Atlanta Development Authority (ADA) has provided downpayment subsidies to homebuyers since May 2007 with the goal of helping working families live closer to their jobs and begin building wealth. With its most recent closing, ADA has made homeownership a reality for 500 families.
June 9, 2010
City of Atlanta, Bahrain Sign Agreement to Boost Bilateral Ties
Mayor of Atlanta Kasim Reed today signed an agreement with the Bahrain Economic Development Board (EDB) that will facilitate strong commercial and economic ties between the City and the Kingdom of Bahrain.
June 3, 2010
Sunny pitch to lure Hub's industries
FOR THE LAST three years, the Atlanta Development Authority has come to Boston to try to sell our hottest industries, like life sciences, on Atlanta’s low costs and well-educated workforce. Atlanta has grown by 1.2 million people since 2000, while Greater Boston’s population has grown by less than 200,000. Boston needs to work hard to remain a competitive location for the businesses that Atlanta is trying to poach.
May 21, 2010
Georgia Welcomes Sony Ericsson Americas Headquarters to Atlanta
Georgia Welcomes Sony Ericsson America’s Headquarters to Atlanta: Mobile technology leader to employ 180
May 20, 2010
ADA Closes $19.7 Million Residential Development Deal in South Atlanta Represents the First Multifamily Tax Exempt Bond Closing for the Authority in Three Years
The housing finance division of The Atlanta Development Authority (ADA), closed bonds to finance the Amal Heights Townhomes project on May 20th. This deal represents the first tax exempt bond financing that ADA has funded since 2007 when the credit markets began to weaken.
March 29, 2010
ADA and Metro Atlanta Chamber Travel to Boston, Market Atlanta to Employers
This week, the Atlanta Development Authority (ADA) and the Metro Atlanta Chamber are leaving on their third annual business development trip to Boston.
March 25, 2010
SUBWAY Restaurants Makes Aggressive Expansion into Atlanta's Emerging Markets Campbellton Road Store Opens April 5
SUBWAY Restaurants currently has 60 new stores in development in North Georgia, with plans to open at least seven locations in Atlanta’s emerging markets within the next eight months. The location at 2151 Campbellton Road will reopen April 5 after having been closed for six months for renovations.
March 24, 2010
ADA to host FREE homebuyer seminar on April 10
Join the Atlanta Development Authority for another free homebuyer education seminar and learn how to access up to $60,000 in government subsidy to help with downpayment and closing costs.
March 18, 2010
Atlanta Development Authority Names Interim President
The Board of Directors for the Atlanta Development Authority (ADA) today announced its interim president for the organizations charged with promoting economic development for the city of Atlanta.
February 24, 2010
International Biotech Company Establishes North American Headquarters in Atlanta International Biotech Company Establishes North American Headquarters in Atlanta
ATLANTA (February 24, 2010)—The Georgia Department of Economic Development (GDEcD) announced today that Barcelona, Spain-based biotechnology firm Sepmag Technologies selected Atlanta as its North American headquarters.
February 11, 2010
ADA Aids in Novelis Expansion North American HQ Relocates from Cleveland
ATLANTA – Novelis Inc. announced today that approximately 80 professional positions will be moving to
Atlanta as the company relocates its North American headquarters from Cleveland to its world
headquarters here.
February 4, 2010
ADA leads business development trip to India
Under the leadership of ADA Project Manager of Business Engagement Danielle Fernandes, the Innovation Crescent Regional Partnership has embarked on a business development mission to India from February 1 – 10.
January 12, 2010
URFA allocated $25 million in SF bonds
The Atlanta Development Authority (ADA) recently closed a $25 million single-family housing bond issue funded through the New Issue Bond Program (NIBP).
October 7, 2009
Federal Stimulus Dollars Ready to be Deployed in Atlanta to Address Foreclosure Crisis
The City of Atlanta has received $1.1 million from the federal
government under the American Recovery and Reinvestment Act to address
foreclosures in the city's hardest hit neighborhoods.
July 30, 2009
Beltline looks to October bond issue for more project funding
By Thomas Wheatley in Creative Loafing The Atlanta City Council Finance and Executive Committee yesterday gave Beltline officials the green light to issue up to $267 million in bonds to fund the 22-mile loop of parks, trails and transit.
July, 15
Center for Civil and Human Rights Seeks to Secure Exhibition Rights for King Collection
The Center for Civil and Human Rights (Center) announced today that it is closer to obtaining exhibition rights for the Morehouse College Martin Luther King Jr. Collection (Morehouse King Collection).
May, 15
Biotechnology key industry for Atlantas future
By Gregg Simon
For the Journal-Constitution Next week, the city of Atlanta welcomes the largest global event for the biotechnology industry to the Georgia World Congress Center. The 2009 BIO International Convention attracts the biggest names in biotech.
May, 1
Atlanta Development Authority Participates in Business Mission to China
In early April, the Atlanta Development Authority (ADA) participated in a two-week business development mission led by the Metro Atlanta Chamber that sent a delegation from Atlanta to China with the goal of bringing back new jobs for the city.
April, 10
Second Annual Atlanta Environmental Trade Mission Signs New Participants
ATLANTA --- The Second Annual Atlanta Environmental Trade Mission has announced that the following foreign consulates, bi-national chambers of commerce and regional and local organizations have signed on as participants in the June 8 - 12 trade mission taking place in Atlanta, Georgia.
March, 10
Brand Atlanta loses city funding
By Dave Williams,
Atlanta Business Chronicle Atlanta Mayor Shirley Franklin pulled the plug Monday on Brand Atlanta, the city's three-year-old marketing campaign, citing the effect of the recession on the city's finances.
March, 7
DOT, Atlanta reach deal on commuter rail
By Eric Stirgus,
The Atlanta Journal-Constitution Northeast Atlanta residents who feared Amtrak and other commuter trains roaring through their neighborhoods received welcome news Friday: State transportation officials backed off their push that four miles of railroad tracks be used to take passengers through Atlanta.
August 20, 2008
Atlanta Council Approves $120M Deal for BeltLine Project
By Tedra DeSue
The Bond Buyer
ATLANTA -The Atlanta City Council on Monday made more progress towards bringing the historic BeltLine tax allocation district project to fruition by approving a $120 million bond deal for its development.
August 18, 2008
Metro Atlanta growth slows, but city core booms
J. Scott Trubey Staff Writer
Atlanta Business Chronicle
The City of Atlanta saw its fastest population growth in 40 years, but overall growth in metro Atlanta slowed to its lowest levels in five years, officials with the Atlanta Regional Commission (ARC) said Thursday, and the housing slump is likely to blame.
February, 2, 2009
Beltline supporters rally against high-speed rail option
By Kent A. Miles,
The Atlanta Journal-Constitution
People came to Saturday's rally on the edge of Piedmont Park on foot and by car and bicycle, some of them bearing signs, all with a common message: Keep the Beltline on track in Atlanta.
July, 9
Atlanta and the Urban Future
By ROB GURWITT, Governing.com A major American city has undergone big demographic changes overnight. Will others follow?
November, 16
How to avoid foreclosure? Federal program begins December 15th
The Atlanta Journal-Constitution New plan to keep more people in their houses
July, 28
City finding innovative ways to aid homeless, but it needs help
By Dawn J. Luke,
For the Atlanta Journal-Constitution
An AJC article on a new study by the Georgia Department of Community Affairs reported, "The state's first-ever count of its homeless found that 20,000 Georgians are homeless on any one day and that 75,000 people are homeless over a year" ("State homeless count finds many families," Metro, July 18).
July, 31
For Beltline, good enough isnt
By George Dusenbury,
The Atlanta Journal-Constitution
Piecemeal sales will hurt integrity of a grand asset
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Mayor
Franklin to Promote Business Opportunities Along Peachtree
Corridor at ICSC, click
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City of Atlanta
to fund Brand Atlanta Campaign, click
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Citizen
Involvement Day Set for March 25, 2006, click
here
BeltLine,
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