Atlanta Closes On $5 Billion Centennial Yards Redevelopment Agreement

Atlanta Closes On $5 Billion Centennial Yards Redevelopment Agreement

ATLANTA, Ga. (CW69 News at 10) — Mayor Keisha Lance Bottoms announced Atlanta is now ready to move forward with the Centennial Yards project, a $5 billion mixed-use development expected to create historic community investments.Bottoms says they closed on the deal after signing agreements and hammering out the details with Los Angeles-based real estate developer CIM Group. “This has been a long time in the making,” she said. “We are building and …

Mayor accepts $33.5 million 'communiity benefits' check from Centennial Yards developers - Reporter Newspapers

Mayor Keisha Lane Bottoms accepts a $33.5 million check from the developers of Centennial Yards. Mayor Keisha Lance Bottoms accepted a check for $33.5 million from the developers of Centennial Yards earmarked for “community benefits” during a ceremony at city hall on Oct. 14.The check is part of a community investment deal agreed to by the city in return for nearly $2 billion in tax breaks to CIM Group to build the $5 billion mixed-use project o…