At his final press conference on Friday, Atlanta Mayor Kasim Reed announced a $100 million plan to expand Piedmont Park.
As part of that expansion the city is spending $20 million to acquire roughly five acres at the corner of Piedmont Avenue and Monroe Drive.
The mayor said the project would “open up the blinds” on the park and that because of rising real estate cost and development pressure, the city needed to move swiftly to assemble the land.
Reed said that a committee chaired by Home Depot CFO Carol B. Tome would work to raise the remaining $80 million from the philanthropic community.
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The AJC’s Stephen Deere keeps you updated on the latest in the Atlanta mayoral race and everything else going on at City Hall. You'll find more on myAJC.com, including these stories:
- Recount unlikely to favor Norwood in Atlanta mayor's race
- Bottoms declares victory in Atlanta mayoral race; Norwood seeks recount
- Mayor Kasim Reed denies plan to oust Atlanta recreation authority head
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