Atlanta Business Chronicle (98)

New high school, JA center focus on career readiness

Come the fall of 2018, two new educational institutions will open their doors to eligible middle and high school students in Forsyth County and surrounding communities. Together, the public facilities represent an approach to education designed to provide young students with practical financial ...

Ecommerce firms thriving in Forsyth County

Christmas Lights Etc.'s opened for e-commerce business in 2000 from a home office. Many e-commerce businesses were going bust at the time, so the climate for success wasn't exactly a lock. The company has since re-branded as Wintergreen Corp. and moved to a warehouse in Alpharetta, where the company ...

Forsyth seeks to draw more filmmakers

Film and TV productions on the hunt for rural scenery find plenty of it in Forsyth County, which sees the film business as a potential area for growth. Among the priorities for the Cumming-Forsyth County Chamber of Commerce in developing its strategy for the next few years is to have more awareness ...

Halcyon gaining momentum with restaurant leases, more to come

Work is steadily moving forward at the Halcyon development in Forsyth County. We broke ground on Halcyon last year, and have been working as quickly as we can to prepare the site for the development,' said Patrick Leonard, principal of RocaPoint Partners, the developer behind Halcyon, via email. The ...

More to come for strong residential housing market in Forsyth County

Building permits for more than 1,000 residential units have been issued in Forsyth County so far in 2017, and residential development in the north metro county is showing no signs of slowing down any time soon. The Forsyth County government has issued 1,395 permits for houses since Jan. 1, said ...

Forsyth County launches 'Ascend Forsyth' growth plan

The newly constituted Forsyth County, Ga., Board of Commissioners has made it a priority to lower the residential taxpayers burden by proactively bringing more high income/low impact employers to Forsyth County. Earlier this year, the Forsyth County Board of Commissioners convened key local economic ...

Georgia senators launch review of tax breaks

Film and TV productions in Georgia generated $9.5 billion in economic impact during the last fiscal year, a boom largely credited to generous tax incentives the state began offering in 2008.

How an Atlanta nonprofit has helped 10,000 students

The Truancy Intervention Project was hatched' by Alston & Bird attorney Terry Walsh and Juvenile Court Judge Glenda Hatchett back in the early 1990s.

THE MOVIE BIZ: The Greatest Generation's War

Dunkirk,' Christopher Nolan's superb chronicle of the heroic mass evacuation of Allied troops from Occupied France in 1940, is an amazing story — and an amazing picture.

Proposed $250 million park over 400 moves ahead, long way to go

A roughly $250 million plan to build a signature park in Buckhead over Georgia 400 is moving forward, with the hope of beginning design and engineering work in early 2018.

Property tax freeze hits Atlanta Public Schools budget

Fulton County's decision to freeze property assessments at 2016 levels has created a $12 million budget shortfall for Atlanta Public Schools, 11Alivereports. Teachers and staff also won't be receiving any raises for the time being and three furlough days will be unpaid, APS Superintendent Meria ...

Clermont Lounge reopening delayed

The reopening of the Clermont Lounge has been delayed. The infamous entertainment facility was supposed to open this weekend after renovations, but issues with the sprinkler system have delayed the reopening, according to 11Alive, broadcast partner of Atlanta Business Chronicle. Over the years, ...

Tenants announced for Peachtree Corners Town Center

Jim 'N' Nick's Bar-B-Q, Marlow's Tavern and Willy's Mexicana Grill are among 11 restaurants and four stores that will be part of the Peachtree Corners Town Center development, the Gwinnett Daily Post reports. Fuqua Development broke ground on the 21-acre development in June. The city's part of the ...

Celebrating 50 leaders in Nonprofit Service

Atlanta Business Chronicle's Who's Who in Nonprofits 2017 special section features 50 individuals influencing Atlanta's nonprofit world.

MARTA eyeing Campbellton Road for transit improvements

Southwest Atlanta is getting a large share of the transit improvements MARTA has launched since voters approved a half-cent sales tax increase last year to pay for bus and rail projects, a MARTA executive said Wednesday.

Millennial homebuyers want space for the dog

Young people are more motivated to buy a home to have a yard for their dog than they are by an upcoming marriage or the birth of a child, according to a new survey done for SunTrust Banks Inc. In the survey, conducted online by Harris Poll on behalf of SunTrust Mortgage, a third of millennials who ...

Agco to buy planting equipment line from Monsanto

Georgia-based farm equipment manufacturer Agco Corp. has agreed to acquire a line of high-tech planting equipment from Monsanto Co. after the seed company abandoned plans to sell the unit to Deere & Co. under pressure from the Justice Department, The Wall Street Journal reports. Agco said Wednesday ...

Coca-Cola gives Coke Zero a facelift, name-change

Coke's new stance on sugar has a new name. Coca-Cola Co. announced Wednesday that it will replace no-calorie Coke Zero with Coca-Cola Zero Sugar, a "new and improved" version of its predecessor. "The packaging revamp supports our company's 'One Brand' strategy to bring all Coca-ColaTrademark brands ...

City to hire designer for 280-acre Westside Park at Bellwood Quarry

In the preliminary design concept, the city is looking for ideas to similar parks in Montreal, Shanghai and Paris.

Atlanta BeltLine CEO Paul Morris could be on his way out

During a luncheon talk Wednesday at the Atlanta Commerce Club, Atlanta Mayor Kasim Reed implied he might be making a leadership change at Atlanta BeltLine Inc., the city's arm in charge of development along the 22-mile corridor. In response to an attendee's question about affordable housing along ...

Home of the Day: St Marlo Country Club Beauty

By Christopher and Jackye McCarley, Agent Home of the Day is presented by the Atlanta Business Chronicle with Coldwell Banker Residential Brokerage. This is your invitation to view some of Atlanta's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view ...

North Avenue 'smart city' pilot project gets preliminary go-ahead

An Atlanta City Council committee gave the green light Wednesday for a demonstration project that will deploy smart technology along North Avenue to improve traffic flow and reduce vehicle accidents.

Q&A with Tony Conway, 2017 Most Admired CEO

Atlanta Business Chronicle has just named our list of Atlanta's Most Admired CEOs of 2017. They will be honored on August 24 at an awards event at The Foundry at Puritan Mill. Here's a Q&A with one of the honorees, Tony Conway, owner of Legendary Events. Q: You've been named one of Atlanta's Most ...

​Former Major League Baseball player Jason Varitek sells Georgia home for $1.25M

Former Georgia Tech baseball player Jason Varitek just sold his 5,957-square-foot mansion in Gwinnett County. The Gold Glove Award winner, Silver Slugger Award winner, three-time All-Star and two-time World Series champion's former home sits on 0.53 acres at 5654 Brendlynn Drive in Suwanee . It was ...

Casey Cagle leads gubernatorial fundraising

​Lt. Gov. Casey Cagle was the top fundraiser through the second quarter among the candidates running for governor next year.

$250 million Buckhead park over Ga. 400 moves forward

The nine-acre park would create a greenspace over a half-mile section of Ga. 400.

Delta and Alaska Air back $30M plan for faster TSA screening lines

Seattle-Tacoma International Airport leaders have approved a $30 million plan to install automated security screening lines to mimic the success seen in airports like Atlanta. The move aims to moves passengers and their belongings through the Transportation Security Administration security ...

​Atlanta firm: Real asset strategies, private equity lead new investment commitments

Public pension plans are favoring exposure to real assets and private equity strategies in the second quarter of 2017, according to new data from Atlanta-based eVestment. The institutional research and analytics company reported 85 new investment commitments announced by U.S. public pension plans in ...

​How much did the Tedeschi Trucks Band gross at the Fox Theatre in Atlanta?

The husband-and-wife team of Derek Trucks and Susan Tedeschi were quite the hit at the Fox Theatre. The Grammy Award-winning blues band with support from Hot Tuna and The Wood Brothers performed at the Fox Theatre in Atlanta July 15 in front of a sold-out crowd of 4,389 fans. The show, which was ...

Lisa Pittman to lead Cushman & Wakefield's industrial tenant rep practice

Pittman joined Cushman and Wakefield in 2004 as a research assistant, eventually rising to full partner and working with longtime industrial real estate broker Ray Stache.

Coca-Cola's revenues fall 16 percent as it continues its reinvention

The Coca-Cola Co. reported Wednesday its second quarter revenues fell 16 percent and profits plunged 60 percent as the company continues its reinvention. The company said it achieved substantial progress against its strategic priorities, which include transforming its beverage portfolio, reducing ...

EastGroup Properties makes second Atlanta acquisition

The Mississippi-based company entered the Atlanta market in early 2017.

Mayor Reed and key city council members are at odds over closing Eastside taxing district

Invest Atlanta provided financing to a record number of developments at its board meeting July 21 – projects that will add a total of 493 units of affordable and workforce housing – a top priority of Mayor Kasim Reed. But a reason there was such a rush of projects was due to the possible closing ...

Viewpoint: Georgia's mountains are made for summer

Every July for the last decade or so our big family piles in a rented or borrowed van and heads to the Georgia Mountain Fair in Hiawassee. But this year with everyone busy as a bee, none of our seven children were available. Not wanting to break our long-standing tradition, Windy and I loaded up and ...

Georgia senators vote to take up Obamacare repeal

Georgia's two U.S. senators voted with their fellow Republicans Tuesday to move forward with debate over repealing Obamacare. The Senate voted 50-50 to resume efforts that have stalled since the Republican-controlled House of Representatives passed an alternative to the Affordable Care Act in May. ...

Mercedes-Benz Stadium set to open in 32 days

The Falcons plan to play their first pre-season game in the new stadium Aug. 26 against the Arizona Cardinals.

Georgia country artist Sam Hunt sings to the tune of $580,000 in Alpharetta

Cedartown, Ga.-native Sam Hunt recently had a big night in his home state. Hunt with support from Maren Morris and Chris Janson performed to a sold-out crowd of 12,500 at Verizon Wireless Amphitheatre at Encore Park in Alpharetta July 14. The show, which was promoted by Beverly Hills, Calif.-based ...

OliverMcMillan seeking buzz on 'The Office,' ramping up site work

​OliverMcMillan is tweaking the design of its Buckhead Village office building, as it prepares to demolish the former HiFi Buys still standing in the way.

Atlanta City Council seeking more details on affordable housing plan

An Atlanta City Council committee delayed action Tuesday on an ordinance setting aside surplus land as affordable housing to get more information on how many city-owned properties might be available. While the city owns 1,419 parcels that have been deemed surplus, 1,188 are under the purview of the ...

Mercedes-Benz Stadium retractable roof will not be ready for Falcons home opener

The retractable roof is the showcase feature of the $1.5 billion Mercedes-Benz Stadium.

Chick-fil-A executive joins the board at Tampa Bay's biggest community bank

Chick-fil-A Inc. executive David G. Salyers has joined the board of directors for Tampa Bay's CenterState Banks Inc. . Salyers is head of brand activation marketing for Chick-fil-A, the Atlanta-based, fast-food restaurant chain with more than 2,100 locations in 46 states and Washington, D.C. He has ...

UPS CEO signs pledge to 'advance diversity and inclusion'

United Parcel Service Inc. Chairman David Abney has joined a growing list of CEOs that pledge to emphasize the importance of diversity in the workforce. One month after 175 CEOs launched the CEO Action for Diversity & Inclusion, nearly 100 more have taken the pledge, committing themselves – and ...

​Metro Atlanta Chamber CEO joins board of frozen potato supplier

The president and CEO of Metro Atlanta Chamber is joining the board of directors for a frozen potato distributor based in Idaho. Lamb Weston Holdings Inc. officially announced Tuesday that it had appointed Atlanta's Hala Moddelmog and DICK'S Sporting Goods Inc. Executive Vice President Andre Hawaux ...

Tyler Perry could receive millions in bonds for keeping jets at Cobb airport

Atlanta media mogul Tyler Perry could receive $35.3 million in bonds for housing three of his company's jets at Cobb County International Airport-McCollum Field. On July 24, the Development Authority of Cobb County voted unanimously to adopt the bond resolution, which would allow Perry to ...

New 256-unit apartment project planned near Coolray Field

Developer Pedcor Investments is seeking to rezone the 23- acre property at Laurel Crossing Parkway near Buford Drive and Interstate 85 to a multifamily residence district.

Augusta University researcher gets $1.6 million grant to study link between sugary drinks and weight gain

Georgians have a longstanding love for a certain sugary soft drink, but Augusta University researchers have found scientific links between this indulgence and rapid weight gain. Dr. Ruth B.S. Harris, physiologist at the Department of Physiology at the Medical College of Georgia at Augusta ...

More food options revealed for Mercedes-Benz Stadium

Just about a month before it opens, officials with Mercedes-Benz Stadium revealed more of its food options to the media. The new home of the Atlanta Falcons and Atlanta United will feature such items as a hand-breaded free range fried chicken sandwich for $11. It's a special item that aims to ...

​'Captain Marvel' to shoot in California instead of Georgia

Marvel has made Atlanta its unofficial home in recent years, but the Big Peach is losing out on the studios' latest production, which was lured away by $20.8 million in California tax credits. "Captain Marvel" will be the first Marvel movie to shoot primarily in California since 2014's "Captain ...

​First construction feature completed for Savannah Harbor expansion

The Savannah Harbor Expansion Project is picking up steam. The U.S. Army Corps of Engineers' Savannah District completed the first navigation feature for the expansion, it announced July 24. It cost $6.5 million to raise a dike in a major dredge material containment area to prepare the area to ...

​'Scarface' remake filming in Georgia

One of the most iconic gangster movies of all time is being remade in Georgia. Universal Pictures is rebooting "Scarface," and according to My Entertainment World, it will shoot in Georgia this fall. Actor Diego Luna, who is riding high off the success of 2016's "Rogue One: A Star Wars Story," will ...