CLARIFICATION: We reported on Monday that New York City development firm Tishman Speyer, the company behind the redevelopment of Yankee Stadium and Rockefeller Center, had purchased Mall West End. For clarification, the company has signed a contract, but a sale has not been completed. According to the AJC, Mall West End will be demolished to make way for a new mixed-use development featuring offices, retail and residential.
The City of Atlanta is expected to receive more than $100 million dollars in pandemic relief funding via the American Rescue Plan (ARP). Through an administrative order, Mayor Keisha Lance Bottoms has directed the City’s Chief Operating Officer and Chief Financial Officer to develop allocations for the funds likely to be awarded from the federal American Rescue Plan. The city will also allocate $15.2 million in funding for the COVID-19 Emergency Housing Assistance program. The United Way of Greater Atlanta (UWGA) is administering ATL Strong’s rental assistance funds. To date, nearly 6,000 Atlanta households have been served, with an average grant of $5,000. Households and individuals who have not yet applied may do so in April through the City’s ATLStrong website, through the UWGA, or by calling 211.