The PATH400 project recently announced that it can complete the first phase of construction of the proposed 5-mile trail running alongside Ga. 400.
On May 29, Livable Buckhead announced the Buckhead Community Improvement District pledged $2 million to build the first section from Lenox Road to Old Ivy Road. Livable Buckhead and the CID are partners on the project, along with the nonprofit PATH Foundation.
When it’s completed, the trail will connect to the Atlanta BeltLine. With the CID’s contribution, the project has $6.9 million in funding. The CID and Livable Buckhead have a close partnership with overlapping interests. Buckhead CID is a self-taxing group of local business owners. The CID funds the Buckhead Area Transportation Management Association, and BATMA created Livable Buckhead to focus on green space in Buckhead.
Livable Buckhead Executive Director Denise Starling said the organization is laying the groundwork for a fundraising campaign that will raise money to pay for the rest of the project. The total cost is expected to be around $12 million, but Starling added that’s a moving target.
“We are very grateful to the Buckhead CID for its generous support of PATH400,” Livable Buckhead Executive Director Denise Starling said in a press release announcing the CID’s $2 million commitment. “This donation is critical, not just in monetary terms, but also because of the strong support from the local business community that it represents.”
Here is a list of the current funding sources for PATH400.
Buckhead CID: $2 million for construction, $750,000 design
Georgia Transportation Infrastructure Bank: $750,000
PATH Foundation: $3.2 million
City of Atlanta: $200,000
Source: Livable Buckhead, Buckhead CID