Archives for March 2016

Grant Is Catalyst for Post Centennial Park Housing

A $4.35-million Westside Tax Allocation District grant approved by Invest Atlanta will help finance construction of Post Centennial Park, a 438-unit apartment community located across the street from the Center for Civil and Human rights and the World of Coca-Cola in downtown Atlanta. Post Properties is the developer for the project, which broke ground in… Read more

Invest Atlanta demonstrates financial reporting excellence

Invest Atlanta has received another clean audit bill of health for each of the 18 units for which Invest Atlanta has a reporting responsibility. It’s extremely rare, if not unique, for an organization to receive that many clean audit reports, with no findings or significant issues.  Findings traditionally indicate breakdowns in internal controls or reporting… Read more

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An Award for City Lights

The National Association of Home Builders (NAHB) has given City Lights Apartment Homes, in Atlanta’s Old Fourth Ward, its GOLD award as the Best 55+ Affordable Rental Community in the U.S. NAHB announced the honor in January at its International Builders Show in Las Vegas as part of its annual Best of 55+ Housing Awards… Read more

A New HQ for Families First

Atlanta Emerging Markets, Inc., an affiliate of Invest Atlanta, provided Families First with an $8.5 million New Markets Tax Credits (NMTC) investment from SunTrust to acquire and convert a former Atlanta Public Schools building on Atlanta’s Westside into its headquarters and main services complex. Families First’s mission is providing safe homes for at-risk children, housing… Read more

Key Transaction Underwrites Movie Studio Complex

Atlanta Emerging Markets, Inc. (AEMI), an Invest Atlanta affiliate, closed a $7 million NMTC (New Markets Tax Credits) transaction last December that will help finance the redevelopment of part of the former Fort McPherson army base into filmmaker Tyler Perry’s new movie studio facility. The Tyler Perry Studios complex, on 331 acres, will have 11… Read more

Trade Mission Explores Possible FinTech Partnerships

Invest Atlanta collaborated with the Mayor’s Office of International Affairs and United Kingdom Trade & Investment (UKTI) to organize Finovate 2016, a major trade mission that brought Georgia banking and financial technology industries to London, England in February of this year to explore business and partnership opportunities in that country with industry counterparts, international expansion… Read more

Mobile World Congress Draws Mobile Industry Heavyweights

Seeking to expand Atlanta’s already-extensive reach into the mobile industry, Invest Atlanta joined attendees from 204 countries at the 2016 Mobile World Congress, the industry’s premier event. Held in Barcelona, Spain, the 2016 Mobile World Congress featured more than 2,200 exhibiting companies showcasing cutting-edge mobile products and services. The presence of more than 3,600 international… Read more