Author: Andy Peters

AT&T has agreed to acquire the ground lease and air rights for CNN Center from the state of Georgia, a possible precursor to AT&T selling the downtown Atlanta property to a new developer.

Tyler Perry, the Rev, T.D. Jakes strike deals to buy remaining property at former U.S. Army base Fort McPherson in metro Atlanta.

A local development company has at least some of CSX’s large Tilford Yard railroad property on Atlanta’s Westside under contract, according to people familiar with the matter.

A year after the protests of the George Floyd shooting, many downtown Atlanta business owners say things are almost back to normal. Most of the plywood installed after windows were smashed at places like Reuben’s Deli has been removed. But foot traffic is still below pre-protest and pre-COVID days and some wonder if it will ever fully rebound.

It only covers 16 acres, but the new Rodney Cook Sr. Park in Atlanta’s Vine City neighborhood attempts to tackle a host of issues. Flood control, clearing vacant and blighted property, stimulating development of affordable housing and retail, gathering place for neighborhood residents, site to host community festivals — planners tried to address all these goals. The park also uses an innovative architectural design feature to enhance visibility to help the community feel safer going to the park.

Gas shortages were reported in scattered locations in metro Atlanta, and prices rose, as a result of the cyberattack on the Colonial Pipeline gas pipeline.

The city of Atlanta has purchased 31 acres along the Beltline near the planned Microsoft campus. The $25 million deal is the city’s biggest push yet to add affordable housing along the converted railway tracks that loop around Atlanta and have become a magnet for luxury developments.

The vacant Murphy Crossing site on the southern segment of the Beltline walking trail may soon be redeveloped. The city of Atlanta is looking for private companies to redevelop the site with an eye toward affordable housing and job creation.

A big data center combined with apartments and retail is planned for Atlanta’s Westside at a former cardboard packaging factory, located across the street from the Fulton County Jail and near the Beltline.

Underground Atlanta was sold in November for about $32 million, almost the same price paid by its previous owner in 2017.