BREAKING ATLANTA NEWS
Home prices rise 5.4% in metro Atlanta over past year
NPUv Community Forum coming November 7th
The Formula w/Tall Boy & Co. - Mon 3-5p, Wed 9-11p
Kasim Reed pledges to preserve historic Gaines Hall
TALLBOY & CO.
... FOR THE LATEST LOCAL HEADLINES
MARTA to make an $8 billion pitch to change the face of Atlanta
For 50 years or more, even before I-285 was finished, metro Atlanta’s orientation has been circular. Over the next seven months, MARTA executives will be building support for an $8 billion expansion of commuter rail that would transform the region. Approval of state lawmakers would be required. But that blessing wouldn’t include a tax increase to pay for the new rail, according Robert Ashe, chairman of the MARTA board. The General Assembly accomplished that this spring.
Creflo Dollar will get his $65 million luxury jet
Metro Atlanta-based World Changers Church International says it has one purpose – global Christian ministry. The church's board also says God wants his people to dream big - Gulfstream G650 big. The church’s board has released a statement saying the church plans to buy the jet. The board says its G650 appeal published on the creflodollarministries.org website, has not, and will not, seek donations from the public. The fundraising campaign was, the board says, directed to a specific community "of like-minded people who love and support the ministry and its global missions work.”
Memorial Drive may get self-taxing CID to help pay for bike lanes, sidewalks, round-abouts, etc.
Sidewalks, bicycle lanes and round-abouts could be installed along Memorial Drive sooner rather than later if commercial property owners support a possible tax hike. The Memorial Drive corridor is shaping up as Atlanta’s next Old Fourth Ward, which has been extensively redeveloped in the last decade.
A number of developers serve on the city’s Imagine Memorial Task Force. It is overseeing the review of a possible self-taxing community improvement district. Task force members include David Cochran, of Paces Properties, which built Krog Street Market and Stove Works; and Mark Pollack and John Reagan, of Urban Realty Partners, which has projects including Puritan Mill, The Reynolds, and The Brookwood.
A giant Houston-based real estate investment trust and a group led by TV host Steve Harvey have emerged as finalists to buy and redevelop the 20-acre Atlanta Civic Center.
People familiar with the process say there is a strong possibility the two finalists could end up joining forces and present one winning bid for the project. The city hopes the redevelopment of the Civic Center can spark investment just south of North Avenue and better connect the district to the bustling Old Fourth Ward, where Jamestown’s Ponce City Market and the Beltline’s Eastside Trail have sparked several new projects.
FOR MORE INTELLIGENT URBAN NEWS