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Atlanta Business Chronicle
BeltLine reaches two-thirds of affordable housing goal
Atlanta BeltLine Inc. has reached 66% of its goal to create or preserve 5,600 units of affordable housing by 2030, according to the nonprofit overseeing the build-out of the trail. The milestone comes after ABI, Invest Atlanta, Atlanta Housing and The...
Deal for $1B film studio derails
A deal to build a roughly $1 billion film studio about 30 miles south of Atlanta has collapsed. Called Kane Studio, the 1,600-acre film project had the green light from Chattahoochee Hills officials but its developer was not able to secure the necessary...
Spelman bags $1M Goldman Sachs prize for third time
For the third time in four years, Spelman College is bringing home $1 million from Goldman Sachs. Goldman Sachs hosted its fourth-annual Market Madness competition for historically Black colleges and universities, culminating with a final round in New...
Electricity sales to data centers surge 12%
When companies first started locating their data centers in Southern Co.'s service area, CEO Chris Womack said that many asked for 24/7 carbon-free energy. Now, the companies are simply asking, "Do you have power?" Electricity sales to data centers...
Dozens of BTR townhomes planned for Atlanta suburb
A leading producer of build-to-rent housing is planning another development in metro Atlanta. Trilogy Investment Co. is preparing to build a townhome community in Decatur, in collaboration with Seattle-based real estate investment firm Pinnacle Partners. The...
Job postings are sliding overall, but not for these high-demand roles
At a time when job postings have declined 28% from a pandemic-era high in 2021, certain positions — including multiple skilled trades — are in high demand. That’s according to recently released data from global job-search engine Indeed. Indeed's...
Suburban city sees future in e-bikes, BeltLine connection
John Park is five months into his role as mayor of Brookhaven, the newest city on the Atlanta Perimeter. In a sense, Park and the city he leads share the potential to grow together. Now, Park is deciding what to prioritize as he shapes development....
Major project cuts office space by 50%, illustrating Perimeter changes
A decade ago, State Farm Insurance Co. offered the blueprint for developing a modern Atlanta Perimeter city. In this case, it was the City of Dunwoody, newly formed in 2008. Back then, KDC was chosen to develop the State Farm campus, one of the largest...
Atlanta's Largest Life Insurance Agencies
Rank Business name 2023 total production credits for Georgia MDRT qualifiers Number of producers Total staff Primary life company represented Chief Atlanta officer 1 Northwestern Mutual - Goodwin, Wright, 3438 Peachtree Rd., #1200, Atlanta, GA 30326,...
Chronicle unveils a more modern, streamlined print edition
Welcome to the new design of your Atlanta Business Chronicle. This decision was not taken lightly. It took months of planning centered on balancing the same quality of news and insight you have come to expect from us over the past 46 years with the...
Upscale Western wear store coming to Avalon
Tecovas, a store specializing in handmade Western boots for men and women, is planning a second metro Atlanta store. Tecovas is slated to open late this year at North American Properties’ Avalon development in Alpharetta, according to NAP. This...
Local builder plans hundreds of homes near Marietta’s core
One of the largest homebuilders in the country is expanding its footprint to Cobb’s county seat. Atlanta-based Beazer Homes USA Inc. (NYSE: BZH) bought 174 acres to build 591 houses in north Marietta. The community, called GreenHouse, is planned...
Pinky Cole gives HBCU grads sizable commencement gift
Savannah State University’s graduates received a surprise commencement gift from two Atlanta-based founders. Pinky Cole Hayes, the founder of the Slutty Vegan and Bar Vegan restaurants, and John Hope Bryant, founder, chairman and CEO of Operation...
Casey Foundation report ‘a call to action’ to improve equity
When Lisa Hamilton was growing up in the Cascade Heights neighborhood southwest of Downtown Atlanta, she spent a lot of time on a school bus. By her estimate, as many as 4,300 hours by the time she graduated from high school. “It was one of the many...
Meet the 2024 CFO of the Year Awards finalists
Chief financial officers play a critical role in a business. They are in the business of recognizing opportunities, identifying and managing risk, diminishing debt, achieving profitable growth, and being the corporate financial steward. Atlanta Business...
BizSpotlight: Harris Lowry Manton LLP
Across Georgia in complex cases, the legal team based in Savannah and Atlanta earned the award for winning life- and law-changing jury decisions totaling more than $82M from the Daily Report’s 2023 Southeastern Legal Awards. Harris Lowry Manton...
Small-business grants you can apply for this month
Small-business owners are optimistic about their growth prospects as we move toward the midpoint of 2024. <\p> According to a recent WalletHub survey of business owners, more than 60% of small-business owners believe now is a good time to grow. That's despite 64% who believe inflation won’t be coming down soon, and 60% who say their business is in need of financing more than it was a year ago. <\p>
What an evolving retail landscape means for America's downtowns
The challenges facing America's downtowns are frequently linked to the staggering amount of empty office space sitting in towers. But another important segment of the downtown revitalization conversation is how to fill a growing amount of vacant retail space in cities across the country.<\p> Once the core shopping hubs of cities and metro areas, downtowns for many retailers have lost favor to more suburban locations, even predating the Covid-19 pandemic, thanks to population and demographic patterns. Even the suburban retail story has faced challenges, though, with U.S. malls posting an average vacancy rate of 8.7% in 2023 — the highest of any retail property type tracked by Jones Lang LaSalle Inc. (NYSE: JLL).<\p>
Here are the Health Care Champion Awards finalists
With the Covid-19 crisis squarely in the rear-view mirror, Atlanta's health care community is forging ahead — empowered with lessons learned from the pandemic and motivated by the myriad conditions affecting the industry now — from consolidation to higher costs. <\p> Atlanta Business Chronicle will honor the most innovative frontline healthcare employees and the industry’s most influential leaders during its inaugural Health Care Champion Awards. <\p>
CEO explains why nonprofit is 'important voice' in health care
Like many health care organizations, Visiting Nurse Health System has been impacted by the shortage of health care workers.<\p> The 75-year-old nonprofit is looking for ways to make the job attractive, despite its challenges. <\p>
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