Atlantic Station On Track In Atlanta
6 November 2001 - 9:00am
Atlantic Station, an ambitious multibillion-dollar mixed-use project is ready for the first phase.
"On Oct. 24 and 25, Atlantic Station developers Jacoby Development Inc. and AIG Global Real Estate Investment Corp. got $76.5 million from the sale of tax allocation bonds (the first tax allocation bond issue in state history) and closed on an $80 million construction loan, allowing the developers to finally close on the 140-acre land purchase for the project and setting the stage for the first residential and retail pieces of the multibillion-dollar project."
Full Story:
Money gets Atlantic Station rolling
Source:
Atlanta Business Chronicle, November 5, 2001
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