Articles about Downtown

Invest Atlanta Approves Sale of Historic Atlanta Constitution Building

The Invest Atlanta Board of Directors has approved the sale of the Atlanta Constitution building, which will be restored and redeveloped into a mixed-used development with 34 affordable housing units. This historic structure has been vacant since the 1970’s. “This is a project that’s near and dear to all our hearts,” said Dawn Luke, Invest Atlanta’s Senior Vice… 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

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

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 Approves Creation and Retention of 493 Units of Affordable and Workforce Housing

At Invest Atlanta’s July monthly board meeting this morning, Mayor Kasim Reed and members of the Invest Atlanta board approved five projects that in total would create or retain 493 units of affordable and workforce housing. The new developments will increase the availability of affordable housing within Atlanta’s in-town communities and are located near MARTA… Read more

Dr. Klementich to CREW Atlanta: Let’s Strenghten Our Commercial Corridors

Invest Atlanta President and CEO Dr. Eloisa Klementich recently wrote about the importance of investing in our city's emerging corridors for the CREW (Commercial Real Estate Women) Atlanta blog. Atlanta's real estate industry will be deeply involved with this issue in the coming years, especially as the City of Atlanta's population continues to grow. CREW Atlanta is… 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