Category

Downtown Development

Construction, openings, investment, and physical transformation of Atlanta's city center.

A rendering of Underground Atlanta's proposed housing tower (courtesy of Lalani Ventures)
Downtown Development

City gives boost to Underground Atlanta apartment tower

Invest Atlanta's Urban Residential Finance Authority gave preliminary approval to finance a 163-unit mixed-income apartment tower at Underground Atlanta's historic Five Points location. The $40 million tax-exempt financing is a key step in a broader redevelopment plan that includes housing, retail, and public spaces.

Sep 19, 2024