Archives for August 2017

IA Travels to Hong Kong to Exchange Transit-Oriented Development Insights

Erika Davis, Senior Project Manager of Business Retention and Expansion at Invest Atlanta, recently joined with several other City of Atlanta officials for a fact-finding trip focused on transit-oriented development, or TOD. Along with Davis, the Atlanta contingent included: William Johnson, Commissioner of Public Works; Jalal Slade, Senior Policy Advisor on Real Estate; and Catherine… Read more

Sheltering Arms Early Education Center Officially Opens in Peoplestown

Sheltering Arms, Georgia’s largest nonprofit early education and child care organization, opened its newest center during a ribbon cutting ceremony on August 24. Members of the Atlanta Emerging Markets, Inc. (AEMI) team were on hand to celebrate the occasion. Located on the campus of Barack and Michelle Obama Academy (formerly D.H. Stanton Elementary School), the… Read more

Board Approves $26 Million in Bond Financing to Support Homelessness Initiatives

Mayor Kasim Reed and the Invest Atlanta Board of Directors unanimously passed a resolution at its August board meeting that will provide $26 million in additional funding for initiatives to eradicate homelessness in the City of Atlanta. “This funding, in addition to the philanthropic support we have received, constitutes the largest investment in the homeless… Read more

AEMI Supports Renovation of Grady Women’s and Infants’ Center

Grady Hospital’s Women’s and Infants’ Center will undergo a $20 million renovation and expansion, thanks in part to funding from a New Markets Tax Credit allocation received through Atlanta Emerging Markets, Inc. (AEMI). (AEMI is a certified Community Development Entity created by Invest Atlanta in 2006 that specializes in providing gap financing for large-scale, high-impact… Read more

CEO Message for August 2017: Making a Difference in Atlanta’s Neighborhoods

A couple of weeks ago, I was truly touched to hear from an Invest Atlanta staff member about the feedback she’d received at a recent Neighborhood Planning Unit (NPU) meeting. The meeting was for NPU-T, which lies south of the Martin Luther King, Jr. Drive corridor and consists of Atlanta University Center (AUC), Ashview Heights,… Read more

Key Staff Focused on Housing, Real Estate and Innovation Join Team IA

The Invest Atlanta team is growing! Robert Lumpris is our new Vice President of Housing & Real Estate Services, and Noelle London will be taking overthe Manager of Innovation and Entrepreneurship position. Robert Lumpris joins the Community Development team in a newly created role tasked with implementing our increasing portfolio of housing finance programs as well as… Read more

Much-Needed Upgrades Coming to Midtown’s Colony Square

North American Properties is set to transform Colony Square, which sits in the heart of Midtown Atlanta at Peachtree and 14th Streets, into a vibrant mixed-use development. And under Mayor Reed’s leadership, the Invest Atlanta Board of Directors passed an inducement resolution to provide up to $160 million in bond financing for the project. “What… Read more

Invest Atlanta Supports Projects Key to City’s Past, Present, and Future

At their July meeting, the Invest Atlanta Board of Directors authorized seven Eastside TAD grants totaling $27.4 million. Once finalized, this funding will support projects that honor Atlanta's past through the rehabilitation of key historic assets, while also strengthening the city’s economy for the future. In total, the seven projects these grants support will create 3,456 new full-time jobs, attract $486.7 million… Read more

Invest Atlanta Hosts Inaugural Westside Housing Fair

The first-ever Westside Housing Fair, held on Saturday, July 22 at the Hollis Innovation Academy, offered residents valuable housing information from Invest Atlanta and our partners, as well as prizes and fun activities for the entire family. The partners participating at the Fair provided valuable insights to attendees, whether they currently rent, already own a home,… Read more

Executive Corner: GPTC’s Preisinger On the Emory Proton Therapy Center

Ashley Preisinger, President of the Georgia Proton Treatment Center, recently visited Invest Atlanta's Executive Corner to discuss the benefits of proton therapy treatment, why they chose to build a facility in Midtown Atlanta, and how Invest Atlanta and the City of Atlanta have supported this effort. Take a look: In July, the Emory Proton Therapy Center's… Read more

Chris Ahrenkiel Joins Invest Atlanta Board of Directors

The Invest Atlanta Board of Directors welcomed their newest member, Chris Ahrenkiel, at their meeting in July. Chris brings with him a wealth of commercial real estate knowledge and experience to Invest Atlanta. He is currently a Managing Director of Tishman Speyer and leads the firm’s activities in Atlanta. Locally, Tishman Speyer’s focus is the development and… Read more

City of Atlanta Launches 2017 International Startup Exchange

The Mayor’s Office of International Affairs and Invest Atlanta recently launched the 2017 Atlanta International Startup Exchange Program—a one-week international residency which will provide eight selected companies a platform for global expansion in either Toulouse, France or the United Kingdom. “We look forward to building off the success of last year’s startup exchange by further… Read more