Mayor Keisha Lance Bottoms will hold a public information session to share with residents the City’s plan to transform The Gulch. The 6 p.m. meeting will be held in the Old Council Chambers at the Atlanta City Hall and will also be live-streamed on the City of Atlanta’s Facebook, Twitter and Instagram accounts.
According to the mayor, the proposed agreement with CIM Spring Street represents a “historic and unprecedented opportunity to bring much-needed investment and redevelopment” to the heart of downtown Atlanta.
“The project would not only increase the city’s tax base and create thousands of permanent jobs, (but) it would also reserve up to 30-percent of the units for affordable housing,” Bottoms has said about the project. “It would also allocate tens of millions of dollars from the developer for affordability and other initiatives citywide.”
A number of city officials, including Chief Financial Officer Roosevelt Council, and area attorneys have been invited to attend the session.