How Golf Can Revive A Blighted Neighborhood

Tom Cousins is building what "experts say is one of the most impressive mixed-income communities in America" around a golf course. Will it work in other cities?

1 minute read

August 20, 2001, 6:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"[Tom Cousins] calls it 'golf with a purpose.'The purpose is the rehabilitation of one of Atlanta's most blighted neighborhoods. This summer, Cousins, the CEO of publicly held Cousins Properties and king of Atlanta real estate, will see to the final touches on his ambitious project: a 400-acre, $125 million development known as East Lake. With ingenuity, a government grant, and the generosity of his big-name golfing buddies, he has built 542 new homes, spearheading the transformation of a notorious crime zone into what urban experts say is one of the most impressive mixed-income communities in America."

Thanks to Jim Barrows

FULL STORY: More Than a Game

Monday, September 3, 2001 in Fortune

Community / Economic Development Georgia

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