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The Bank of America tower in Atlanta was developed by Cousins Properties and sold in 2006 for $436 million. In 2012, it sold at foreclosure for $235 million Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta , Charlotte , Austin , Phoenix , Tampa , and Chapel Hill ...
Community opposition killed the proposal. In the early 1960s, Georgia 400 and Interstate 285 were constructed, connecting Sandy Springs to metro Atlanta and initiating a housing boom that brought new residents and major land development as part of the white flight from Atlanta after the Civil Rights Movement won greater racial integration ...
The project was named for Alonzo F. Herndon, who was born a slave, and through founding the Atlanta Life Insurance Company became Atlanta's richest African American. [36] [37] On June 15, 2016, Atlanta Housing Authority announced a development team has been selected to create a mixed-use mixed-income community on the site, "Herndon Square". [38]
The property is the site of the annual New Year's ball drop celebration. In 2004, Jamestown invested $300 million into the General Motors Building on Fifth Avenue in Manhattan. [6] As of 2012, One Times Square brought in more than $23 million in revenue as its billboards are visible to millions of pedestrians each year. [7]
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