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Atlanta Magazine
Underground Atlanta will try, try again
Shaneel Lalani wants the historic heart of the city to thrive
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Photograph by Martha Williams
In the middle of 2020, as the Covid-19 pandemic put a question mark on the future of both downtown Atlanta and real-estate development, Shaneel Lalani got a phone call. WRS, the South Carolina–based developer that bought Underground Atlanta in 2017, wanted a loan. Lalani, the founder and CEO of the development firm Billionaires Funding Group, had been looking for a supersized project closer to his home in Decatur, but the call gave him a better idea: He bought the subterranean retail, restaurant, and nightlife district from WRS.
Nonprofit told to stop serving homeless in downtown
Civilians help feed the homeless hot soup and crackers in Hurt Park at Georgia State University.
Photo by Unique Rodriguez | The Signal
On Jan. 30, the Atlanta Downtown Improvement District Ambassador Force served a letter to the Atlanta Justice Alliance telling them to halt their service toward the homeless community in Woodruff Park.
“In light of the need for each of us to adjust our behaviors to positively impact the course of the viral pandemic, we are making you aware that public feedings are not welcomed throughout the City of Atlanta,” the letter states.
Evocative Art Projection To Illuminate Iconic Downtown Atlanta Fountain on New Year s Eve
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ATLANTA, Dec. 30, 2020 /PRNewswire/ To welcome 2021, Central Atlanta Progress (CAP) and Arts & Entertainment Atlanta (A&E Atlanta) have commissioned a special projection artwork by local artist Kris Pilcher to debut on New Year s Eve on the Woodruff Park International Peace Fountain water wall.
Pilcher s piece, Perseverance, will be featured alongside projection artwork installations by Amelia Carley, NNEKKAA, and Joseph Peragine that are part of the Perseverance is a digital monument to the people of the second decade of the 21st century, said Pilcher. We have survived a struggle unlike any in our lifetimes, and perseverance is a message of hope that we may break our confinement and close the distance between us in the New Year. This is a series of advanced particle generation and computer rendering techniques used to turn
Atlanta Magazine
Market Movers
Maybe you’ve been to a fundraiser at their house, one of the poshest in Buckhead. Maybe you’ve seen her cheering for the Atlanta Dream, the Women’s NBA team she co-owns. Or maybe you’ve seen him in the news. After all, his company just bought the New York Stock Exchange.
“It sounds preposterous,” the
New York Times declared. “A businessman from Atlanta blows into New York and walks off with the colonnaded high temple of American capitalism. No more will New York be the master of the New York Stock Exchange.” And yet if regulators approve the $8.6 billion purchase of NYSE Euronext, then Jeff Sprecher, the founder and CEO of Atlanta’s IntercontinentalExchange, and Kelly Loeffler, his wife and ICE’s vice president of investor relations and corporate communications, will indeed have shifted the inner sanctum of the 221-year-old free market temple to a blocky glass building in an office park along the Chattahoochee.