Feds To Invest In Atlanta’s Pittsburgh Yards Project

28 August 2018
Pittsburgh Yards

U.S. Secretary of Commerce Wilbur Ross recently announced that the Department’s Economic Development Administration is awarding $2.9 million in grants to the state of Georgia to make critical infrastructure improvements needed to support local disaster recovery efforts. According to grantee estimates, the projects are expected to spur more than $70 million in private investment. …

The Annie E. Casey Foundation, Inc., will receive $1.5 million to help fund infrastructure improvements at the Pittsburgh Yards development in Atlanta. The project will provide a mixture of commercial and light industrial space, including office space, storage, and shared retail store fronts along the Atlanta Beltline. According to grantee estimates, this project is expected to create 270 jobs and generate $20 million in private investment.

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Courtesy of The Atlanta Journal-Constitution