Written: June 21, 2017

306 new homes proposed in Cobb County

Developers are proposing four new residential developments in Cobb County that would have a total of 306 homes.

3757 Floyd Rd Property LLC is proposing a 58-unit townhome community on 7.3 acres. Homes would be 1,500 to 2,000 square feet and up, according to plans filed with Cobb planners.

Meritage Homes of Georgia LLC is proposing 174 homes on 47.5 acres at the southwest intersection of Floyd Road and Glore Road in Cobb County. The project would include townhomes of 1,700 to 2,300 square feet and up, and single-family detached homes of 1,800 to 3,200 square feet and up.

Traton Homes LLC is proposing 56 homes on 16.3 acres at the southwest intersection of Burnt Hickory Road and Bob Cox Road in Cobb County. Homes would be 1,800 to 2,800 square feet and up, with Traditional/Craftsman architecture.

And CPS Development LLC is proposing 18 homes on 8.9 acres on the west side of Wesley Chapel Road and the south side of Sandy Plains Road. Homes would be 3,000 square feet with Traditional/Craftsman architecture.

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Boston Consulting Group confirms $9.2 million, 200-job Atlanta expansion

Boston Consulting Group (BCG), a global management and consulting firm, will create more than 200 jobs and invest $9.2 million in a new regional support center in Atlanta.

 As part of the expansion, the “Big Three” consulting firm will lease 40,000-square-feet — or two floors — in an undisclosed downtown Atlanta building and create more than 500 jobs over a decade. Construction is expected to begin in June 2017 and to be completed in June 2018

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Sarasota, Fla., OK’s deal committing Braves to spring training facility through 2048

The Atlanta Braves would be committed to spring training in Sarasota County, Fla., through at least 2048 under final agreements unanimously approved this week by the county.

The facilities and non-relocation agreements receiving unanimous approval this week also commit the Braves for paying for any cost overruns for the $75 million to $80 million complex in North Port, Fla., and set an October funding deadline. A key piece of funding still pending is a $20 million state grant; the agreements pave the way for that grant application, according to a story Tuesday in the Sarasota Herald-Tribune.

Sarasota County’s vote Tuesday was perhaps the most important to date to finalize the team’s move that has been more than two years in the making.

“We’re now the dead center of Major League Baseball,” Commissioner Charles Hines said. “Even if you don’t go to those games or don’t like them, it adds another feather to our cap, our community … we’ve got it all; what a great opportunity.”

Plans for the complex include a roughly 8,000-seat stadium, practice facilities and public multi-use fields. It will be located just south of the State College of Florida, Manatee-Sarasota campus near U.S. 41 and River Road in the West Villages commercial and residential district.

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Atlanta developer Stan Thomas files bankruptcy for Tennessee project

The Atlanta-based owner of half of the massive Ovation development in Cool Springs, Tenn., filed for bankruptcy protection hours before the property was set to be sold at auction.

The May 17 bankruptcy filing had the desired effect, canceling a foreclosure sale that was scheduled for noon today on the steps of the Williamson County Judicial Center in downtown Franklin. It would have been a dramatic twist for a high-profile project more than four years in the making, one that aims to create an urban mixed-use environment in the region’s longtime suburban corporate headquarters hub. Ovation, which will cost more than $1 billion to build, is planned to include up to 1.4 million square feet of office space — including the new headquarters for Mars Petcare U.S. Inc., one of the county’s largest employers — as well as 480,000 square feet of retail, restaurants and entertainment space; 950 residential units; and 450 hotel rooms.

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73-townhome development proposed in Brookhaven

A 54-year-old apartment complex just off Buford Highway in Brookhaven could make way for a brand new townhome development.

The Ardent Companies LLC is proposing to redevelop the Park Villa Apartment complex at 2069 Coosawattee Drive in Brookhaven into 73 townhomes. The developer says in a filing with the city of Brookhaven that the 92 existing rental units, built in 1963 and occupying 6.3 acres in the northeast quadrant of the intersection of Coosawattee Drive and Cliff Valley Way, are functionally obsolete.

The new townhomes would be three stories with facades of brick, stone or siding, and contain 2,200 to 2,800 square feet and have two-car garages.

The project is scheduled to go before the city of Brookhaven’s zoning board of appeals on May 17.

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Nearly 50,000 pack ​Centennial Olympic Park in Atlanta for Shaky Knees Music Festival

Nearly 50,000 Rock music fans packed Centennial Olympic Park for the fifth annual Shaky Knees Music Festival just one week after about 46,000 dance music fans descended on the park for the second annual Shaky Beats Music Festival.

The festival featured headliners The xx, LCD Soundsystem and Phoenix with support from Cage The Elephant, Pixies, The Shins, Nick Murphy, X Ambassadors, Third Eye Blind and Portugal. The Man. In total, more than 60 bands performed on three stages over the course of the three-day rock music festival.

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Rebuilt I-85 bridge to open by Monday morning

The rebuilt Interstate 85 bridge over Piedmont Road will reopen to traffic in time for the morning commute on Monday or even sooner, a full month ahead of the original schedule, Gov. Nathan Deal announced Wednesday.

The bridge collapsed March 30 when a fire broke out in construction materials stored below the bridge. Since then, motorists have been forced to detour around one of the most heavily traveled highways in metro Atlanta.

Originally, state Department of Transportation officials said the bridge couldn’t be rebuilt before mid-June. But the project was fast-tracked to a 24-7 job and chief contractor C.W. Matthews Contracting Co. Inc. was offered up to $3.1 million in incentives to speed up the work, which will allow it to be done in just six weeks.

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Country singer Alan Jackson selling Lake Burton estate for $6.4 million

Country singer Alan Jackson is selling his Lake Burton estate for $6.4 million.

The 7,687-square-foot, lake-front property has five beds and nine bathrooms, according to the listing. It also comes with a two-story boathouse.

“Extraordinary design, materials and craftsmanship define this prominent Lake Burton estate home located on a 1.2-acre manicured lot with majestic mountain, lake and sunset views,” says the listing. Julie Barnett with Harry Norman Realtors is the listing agent.

Jackson, famous for songs such as “Chattahoochee,” is just one celebrity who has called Lake Burton home.

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Lenox Square cancels July 4th fireworks, partners with Centennial Olympic Park

After 57 years of hosting one of the Southeast’s largest light shows, Buckhead’s Lenox Square has canceled its annual July 4th fireworks celebration, mall owner Simon Property Group said Wednesday.

Instead, it will partner with Centennial Olympic Park to deliver the “best fireworks show in Atlanta,” according to a media release.

“By partnering with Centennial Olympic Park, which is only nine miles away, we can deliver an even better experience for everyone involved and provide much needed operational relief to the city of Atlanta during a very busy holiday,” Robin Suggs, general manager of Lenox Square, said in a statement.

Jennifer LeMaster, chief administrative officer for the Georgia World Congress Center Authority, the state agency that oversees Centennial Olympic Park, said Lenox Square will provide a “generous donation” for the fireworks celebration in downtown.

“We look forward to sharing some of the recent – and ongoing – revitalization efforts in downtown Atlanta and helping them celebrate Independence Day this year in the heart of Atlanta,” LeMaster said.

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India-based tire maker Apollo moving North America HQ to Atlanta

India-based tire maker Apollo Tyres Ltd. is moving its North American headquarters to Atlanta as the company launches a U.S. expansion.

Apollo is the world’s 17th-largest tire maker. It recently opened a new plant in Hungary as it expands in Europe.

Apollo’s vice chairman recently stated that “The U.S. plays a real important part for us in our growth strategy,” Rubber & Plastics News reports. “Given now that we have two domestic markets, which is largely Europe and India, our next stop has to be the U.S.” Apollo exec Steven Smidlein has been working to lay the foundation for the company’s U.S. expansion, the publication says.

The Atlanta headquarters will be at 1175 Peachtree in Midtown, TireReview.com reports. Read more here. It will initially have five employees but will grow as the company expands in the United States, Rubber & Plastics News reports. Read the full story here.

 

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