Battery developers eye Downtown | Centennial Yards taps financing | East Lake Golf Club's makeover
Atlanta Business Chronicle
The Atlanta region's source for local business news & events. Part of the American City Business Journals network.
Welcome to Atlanta Business Chronicle’s LinkedIn Weekly Edition! I'm Digital Editor Chris Fuhrmeister, bringing you the business news to keep you in the know.
State officials have picked a development team for a project that would build an entertainment destination next to Mercedes-Benz Stadium. It's a few familiar names, reports Amy Wenk.
The Georgia World Congress Center Authority chose Atlanta development and investment firm Pope & Land Real Estate, Atlanta developer Fuqua Development and Minneapolis-based architecture firm Nelson Worldwide to repurpose the 11-acre Home Depot Backyard. It's the same group that developed The Battery Atlanta, the mixed-use project surrounding the Atlanta Braves' Truist Park.
Read Amy's story for more details.
• • •
Sign up for Atlanta Business Chronicle's emails to get the latest metro Atlanta business news in your inbox twice a day. Already signed up and loving the work we do? Consider subscribing for less than $4 a week.
• • •
Another commercial real estate scoop from Amy: The developer of Downtown's Centennial Yards made its first big ask to draw down incentives previously approved for the Gulch-reshaping project.
The board of Invest Atlanta, the city's economic development agency, gave unanimous approval to the developer to sell roughly $557 million worth of bonds and certificates to help finance its next 8-acre phase. City officials previously approved up to $1.9 billion of public financing for Centennial Yards. Invest Atlanta said there is no additional funding being allocated.
• • •
For the past year, East Lake Golf Club has been undergoing a restoration project that reaches into the past to set the course for the future with its annual signature event, the PGA Tour Championship. Richard Lawson takes an in-depth look at the restoration.
• • •
The Chronicle has announced its Best Places to Work and Healthiest Employers in 2024. The announcement includes all the honorees in alphabetical order, but if you want to know the rankings, you'll have to attend our Healthiest Employers Best Places to Work Awards ceremony on Thursday, Aug. 29. The event will take place from 6 p.m. to 9 p.m. at Your 3rd Spot, the "eatertainment" destination at The Works on Chattahoochee Avenue.
Elsewhere in honoree news, the Chronicle announced its Most Admired CEOs for 2024. This year's honorees will be recognized during our Most Admired CEOs event Aug. 15 at The Foundry at Puritan Mill.
Commercial real estate news of the week
Residential real estate news of the week
‘Redy’ leaders bringing a seller-centric housing marketplace to Atlanta
Affordable housing project breaks ground in northeast Athens
Restaurant, retail and hospitality news of the week
More Atlanta business headlines
Atlanta allocates $7.5 million for small businesses affected by water outages
Girl Scouts of Greater Atlanta taps former airport executive as new CEO
QuikTrip to fuel construction of new At-Promise youth center
Q&A: CEO of Atlanta-based Mercedes-Benz USA on F1's influence
That's all for this week's headlines. Thanks for reading Atlanta Business Chronicle! Questions? Comments? Concerns? News tips? Send them to [email protected].