Archives for September 2017

Long-Vacant Adair Elementary to Be Redeveloped Info Affordable Housing Units

On Thursday, September 14, the Urban Residential Finance Authority Housing Committee approved $1.5 million from funding raised through the Housing Opportunity Bond to finance the adaptive reuse and redevelopment of the historic Adair Elementary School. The school has been vacant since the 1970's. The new development, called Academy Lofts, will include 35 residential units, of… Read more

CEO Message for September 2017: Ensuring Atlanta is First to the Future

This week, Atlanta officially launched the North Avenue Smart Corridor, which will use the latest technology in data collection, integration, and analytics to make North Avenue safer and more efficient for drivers, cyclists, and pedestrians. Invest Atlanta funded the purchase of the smart cameras that will be used to gather critically important data along the… Read more

Atlanta Cuts the Ribbon on the North Avenue Smart Corridor

The City of Atlanta and Georgia Tech officially launched the North Avenue Smart Corridor at Ponce City Market on September 14. Funded by the Renew Atlanta Infrastructure Bond, the Smart Corridor will have more than 100 street sensors gather real-time data, which will then be used to provide efficient traffic management through data analytics. The goal… Read more

FlatironCity Named ULI Atlanta’s 2017 Project of the Year

FlatironCity was awarded the 2017 Project of the Year by The Urban Land Institute (ULI) Atlanta at the organization's annual Awards of Excellence.  Invest Atlanta supported the renovation of the Flatiron building, Atlanta's oldest skyscraper, into a next-generation office space. Originally built in 1897, the Flatiron Building is an iconic Downtown Atlanta structure listed in… Read more

Companies Announced for 2017 Atlanta International Startup Exchange

The City of Atlanta announced on September 5 that the Mayor’s Office of International Affairs and Invest Atlanta, along with international partners including the U.K. Department for International Trade, Sage and Metropole Toulouse, had selected the final ten companies for the 2017 Atlanta International Startup Exchange. The Startup Exchange is a one-week international residency which will… Read more

AEMI Awards Civic Impact Loans to Three Atlanta Social Entrepreneurs

Atlanta Emerging Markets, Inc. (AEMI) officially closed on the first round of its new Civic Impact Loans program that will go to three Atlanta social entrepreneurs. The flexible, zero-percent interest rate loans will support honorCode, Marddy’s, and Gilliam’s Community Garden as they seek to expand their businesses and make a greater impact in the communities… Read more

Groundbreaking Kicks Off Work on Rehab of Wheat Street Towers

The official groundbreaking for upgrades to the Wheat Street Towers on Auburn Avenue took place on Thursday, August 17. The Urban Residential Finance Authority (URFA) supported the acquisition, rehabilitation, preservation of the residential complex through a $12.5 million bond financing. Once open, the Wheat Street Towers will have 208 units available for seniors earning 60% Average Median… Read more