Archives for June 2017

Innovation Village Made of Shipping Containers Coming to MLK Corridor

The Invest Atlanta board recently voted to authorize the use of $550,000 to create the MLK Innovation Village using repurposed shipping containers at the H.E. Holmes MARTA station. The container village will provide transit-accessible retail and office space for small businesses along the Martin Luther King, Jr. Drive corridor. “We think there’s going to be… Read more

Grant to Fund Affordable Workforce Housing in Downtown Development

At their June 15 meeting, the Invest Atlanta Board of Directors passed a resolution approving the use of $9 million from the Eastside Tax Allocation District (TAD) for the development of a $90.5 million, 14-story, 302-unit residential tower at 161 Peachtree Center Avenue in Downtown Atlanta. Sixty of the units, or 20 percent of the… Read more

CEO Message for June 2017: Strengthening Atlanta’s Commercial Corridors

The future strength and equity of Atlanta’s economy depends on several key factors, one of which is how we can effectively invest in our city’s emerging commercial corridors. As the City of Atlanta’s population is expected to double in the coming years—from 465,000 today to an estimated 1.3 million by 2050—a large percentage of these… Read more

A Month of Tech Travels for Economic Development Team

Members of the Invest Atlanta team spent the month of June representing Atlanta, networking with company executives, and meeting with savvy entrepreneurs at several international technology conferences. These trips are part of IA’s larger strategy to attract and retain businesses from targeted industry sectors, including cybersecurity, health IT, and the biosciences. Kevin Johnson, IA’s Senior Vice… Read more

Southwest Connector Trail Open House Showcases Homebuyer Incentives

On Saturday, June 10 Invest Atlanta and Atlanta BeltLine co-hosted the Southwest Connector Trail Open House Walking Tour 2017.  The free home tour event, now in its third year, allowed hundreds of prospective homebuyers to learn helpful information about purchasing a home near the Southwest Connector Trail with Invest Atlanta down payment incentives. Starting from… Read more

Boston Consulting Group Bringing 200 Jobs to Atlanta

Gov. Nathan Deal and Atlanta Mayor Kasim Reed announced The Boston Consulting Group (BCG), a global management consulting firm, will create more than 200 jobs and invest $9.2 million in a new regional support center in Atlanta. The new jobs will include highly skilled positions in creative visual services, finance, client and business support, legal and… Read more

Publix On Moores Mill Now Open for Business

Mayor Kasim Reed, alongside members of the Atlanta City Council, Dr. Eloisa Klementich, and representatives of Publix, cut the ribbon to announce the grand opening of a Publix grocery store at Moores Mill. The new Publix, part of the first phase of the $95 million shopping center development, opened for business later that morning. "Today… Read more

Round-Up: Int’l Affairs and IA Win Sister Cities ED Award, Plus More IA News

Atlanta-Toulouse International Startup Exchange Recognized as Innovative Economic Development Program The Mayor's Office of International and Invest Atlanta were honored with the Sister Cities International (SCI) 2017 Innovation Award for Economic Development for a city with a population between 100,001 and 500,000. The Sister Cities Innovation Award for Economic Development recognizes the accomplishments of outstanding community… Read more

Women’s Entrepreneurship Initiative Hosts InnovateHER Challenge

The Women’s Entrepreneurship Initiative (WEI) hosted the U.S. Small Business Administration (SBA) 2017 InnovateHER: Innovating for Women Business Challenge on Thursday, June 1. InnovateHER is a national business competition seeking entrepreneurs who are creating products or services that have a measurable impact on women and their families, fills a need in the marketplace and has… Read more

Newly Closed Housing Opportunity Bonds to Fund Affordable Housing Initiatives

Update (7/17/2017): Invest Atlanta, the City of Atlanta, and the Atlanta Housing Authority are pleased to announce the Housing Opportunity Bond Multifamily and Single Family Development Programs are now “LIVE” and the updated application is available on our website. Download the Residential Development Incentives application here.  Thanks to the support of Mayor Kasim Reed, the Urban… Read more