Articles about Eastside

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

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

Invest Atlanta Helps New Realm Brewing Come Home to Atlanta

New Realm Brewing, co-founded by well-known Brewmaster Mitch Steele, will soon open in Poncey-Highlands along the Atlanta BeltLine, thanks in part to Invest Atlanta’s behind-the-scenes efforts. Kent Spencer, Invest Atlanta’s Manager of Business Expansion and Retention, provided New Realm Brewing’s three founding partners—Steele, CEO Carey Falcone, and CMO Bob Powers—assistance with site development and connectivity… Read more

Resurgens Fund Grants to Bring New Life to Eastside Properties

At their March meeting, the Invest Atlanta board approved two Resurgens Fund grants, including one that will allow The Ethical Property Group to create a new space for non-profit organizations. “The Resurgens Fund was deliberately created to with the intention of reactivating these vacant and obsolete buildings,” said Jennifer Fine, Invest Atlanta’s Vice President of… Read more

Sweet Auburn Ballroom Receives Resurgens Grant

The Sweet Auburn Ballroom will receive the first grant from Invest Atlanta’s recently-established Resurgens Fund in the Eastside TAD. Named after the historic downtown neighborhood, the vacant former Butler Street YMCA building at 17 Jesse Hill Jr. Drive will soon be transformed into a 1,200-person capacity live music venue for established and rising artists alike.… Read more

Invest Atlanta Now Accepting Applications for New Eastside TAD Projects

After achieving success with previous Eastside Tax Allocation District (TAD) development and façade improvement grant projects, Invest Atlanta is now accepting new applications for qualified development and improvement projects in the Eastside TAD. Through the Eastside TAD, the City of Atlanta is providing tax increment financing to fund infill projects in Downtown and surrounding neighborhoods… Read more

Façade Improvement Grants Underwrite Openings of Trendsetter Restaurants

The imminent opening of two of the most anticipated new restaurants to come to Atlanta this year – Café + Velo and Georgia Beer Garden – is being made possible by Downtown Façade Improvement Grants (DFIGs) issued to both projects by Invest Atlanta. Georgia Beer Garden received a $233,000 DFIG for the renovation of its… Read more

340 Auburn Avenue Gets a Facelift

The exterior renovation of 340 Auburn Avenue, which was partly financed through a grant awarded by Invest Atlanta, has been completed and fully funded. Work on the project began last October and included the installation of new storefront systems, front and back windows and awnings, as well as graffiti removal and brick repair. The downtown… Read more

Invest Atlanta Hits the Streets with Outreach to Castleberry Hill Business Owners

Kent Spencer of Invest Atlanta’s Business Retention & Expansion team recently briefed members of the Castleberry Hill Business Association on IA programs and resources that can help meet the needs of the neighborhood’s business owners. Among other things, Spencer told the audience about IA loan opportunities and a retail impact study of the area that… Read more