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COMMERCIAL REAL ESTATE URBAN LAND INSTITUTE October 5-11, 2012 SPECIAL SECTION Page 25A Tapping resouces TAP teams wrestle development challenges By Martin Sinderman CONTRIBUTING WRITER roups dealing these communities come up with there are some projects done on a recommendations regarding development with real estate timely solutions.” pro bono basis. packages that identify the sites, program, development-related Potential TAP clients set things in motion The past year was a busy one for the expected goals, financing/ funding mecha- problems can tap by contacting the ULI office. Once TAP program, Callahan reported, with a nisms, and other incentives to attract into an increasingly they are cleared for TAP treatment, they total of six TAPs undertaken. developers. popular source of receive the services of a ULI panel of These included one TAP where the The LCI study in Morrow dealt with assistance from subject-matter experts in fields such as Fulton Industrial Community ideas regarding redevelopment of proper- the Urban Land development, urban design, city planning, Improvement District (CID) worked with ties that had been vacated by retailers over Institute. and/or other disciplines that deal with ULI Atlanta to obtain advice and the years, according to city of Morrow ULI’s Technical Assistance Program, commercial retail, office, industrial, recommendations on the revitalization Planning & Economic Development Gor TAP, provides what it describes as residential and mixed land uses. and improved economic competitiveness Director Michael McLaughlin. “objective and responsible advice” to city, Panels are typically comprised of eight of the Fulton Industrial Boulevard Following the conceptual study, “We county, and community-based nonprofit members, and are assembled specifically to Corridor, as well as examine possible went to ULI’s TAP committee and organizations, particularly those with focus on the particular problems or issues strategies to re-envision the boulevard told them we now wanted to home in on limited resources or those operating in at hand. Following information gathering/ and Interstate 20 interchange area. specifics,” McLaughlin said. “We wanted economically depressed areas. The research done on the front end, the TAP In Morrow, a TAP team worked to hear what people active in the program is designed to address specific team spends one and a half to two days with the city government to determine development community had to say to issues such as project feasibility, planning, on-site, getting input from the public, mechanisms to implement recently us about the recommendations of the LCI, development, or implementation. community leaders, and other stakeholders. completed Livable Centers Initiative and how to go about implementing them.” The TAP serves a couple of purposes, From there, the team formulates a draft redevelopment study recommendations, The Fulton Industrial Boulevard TAP, according to Robert Newcomer, a business and, following review, a final report. The focusing on identifying specific parcels meanwhile, provides stakeholders with a law and litigation minimum fee for a TAP engagement is whose redevelopment would best spark plan for revitalizing an area that, while attorney with The Lang $10,000, according to Callahan, although further activity. Morrow also sought TAP having some image problems in the past, Legal Group LLC, and has great economic potential. outgoing chair of TAP. “With the establishment of a police “On a community precinct station, a courtroom, and a fire level, TAP represents station set to open up in October, we’re ULI Atlanta’s ‘thought starting to see positive changes in the leadership in action,’ ” area,” said David Stewart, project man- Newcomer Newcomer said. It ager, Community and Economic The Lang Legal does this by bringing Development, for Power Co. Group LLC together teams of ULI Building upon these changes will take a members, real estate determined effort by property owners, industry experts, and community leaders, members of the Fulton Industrial he said, “to explore creative solutions to Boulevard CID, and other stakeholders, challenging land use and real estate asset according to Stewart, “And I think the allocation and management issues, and TAP process will be a to advance ‘best in class’ policies and catalyst for making that practices.” happen, by engaging On an individual level, “TAP provides the parties that are the means by which ULI’s network of going to be taking the members can make a positive impact in lead after the final their community and in the region,” said report comes out.” Newcomer. Both Stewart and The TAP is unique in the resources it Stewart McLaughlin say the brings to the table — and the speed by Co. expertise provided by which it works — in a team of ULI subject- addressing real estate matter experts makes the TAP process conundrums, particularly productive. according to incoming “The TAP program brings together a TAP chair Constance good cross section of people who are Callahan, vice presi- ULI members from areas like land use, dent for SunTrust development and redevelopment,” said Community Capital, a Stewart. “In our case, we also had people Callahan unit of SunTrust Banks with experience in commercial and indus- SunTrust Inc. that provides trial real estate, chambers of commerce, Community Capital financing for low/mod- and logistics.” erate-income housing At the Morrow TAP, “We had a lender, a and other community development efforts. homebuilder, an office developer, the city “Our biggest asset is our ability to being of Alpharetta’s planning director, and the together top-rated, high-quality expertise head of the Perimeter CIDs — a wide

from a variety of sources to address PHOTOS/SPECIAL variety of people,” said McLaughlin. development issues that confront On TAP: Both the city of Morrow and the Fulton Industrial Boulevard area are using “Putting all those different perspectives in communities,” said Callahan. “And we do resources from Urban Land Institute’s Technical Assistance Program to look at ways to one room makes the TAP a very creative this in a highly focused fashion, within a redevelop sites in those communities. TAP provides help with things like city planning, exercise, and provides a truly objective very compressed time frame, to help development and urban design. view of all the issues at hand.” Page 26A • October 5-11, 2012 COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE ATLANTA BUSINESS CHRONICLE Gateway Center is hours from anywhere in U.S. By Nicole Bradford planes and trains, the hotels and office CONTRIBUTING WRITER component of the complex is designed as a Gateway Center or visitors to Atlanta, the city’s newest destination, and already has become such. Location: I-85 and Camp Creek completed multi-use development is Opened in 2004 and billed as the world’s Parkway, College Park, Ga. only a two minute zip away via the only convention center directly connected Scope: $250 million mixed-use project Hartsfield-Jackson Atlanta F to a major airport, the Georgia consisting of a 400,000-square-foot International Airport’s Skytrain. International Convention Center is convention center, two hotels and the Eliminating the need for car owned an operated by the city of rentals or fares to access it, Gateway College Park, which has reaped Class A Gateway office building Center is a self contained village the benefits of progressive Developers: Grove Partners LLC, anchored by the 400,000-square-foot thinking in recent new private an Atlanta-based real estate devel- Georgia International Convention investments and growth. The opment firm, and the city of College

Center, the 403-room Marriott airport is about 7 miles south of SPECIAL Park’s Industrial Development Authority Atlanta Airport Gateway, a WINNER Atlanta’s Central Business District 147-room SpringHill Suites Atlanta and is also ranked as the busiest in Airport and a Class A office ULI the U.S. by passenger traffic. airport Skytrain expansion that opened in building. The firm also helped provide DEVELOPMENT OF building. Construction of the office EXCELLENCE “This area by the airport is ripe 2009 as the first expansion of the airport’s master planning for the development and building and hotels was completed for redevelopment,” said Paul K. internal transit outside of Hartsfield- interior design on the Marriott Hotel and during 2009 and 2010. Van Slyke, partner with Atlanta-based Jackson. Future development includes SpringHill Suites. A public-private partnership between Goode Van Slyke Architects and one of additional office and retail. Both hotels and The phrase “aerotropolis” is often used Grove Street Partners LLC, an Atlanta- the project’s designers. “This is a real cata- the office building are LEED certified by to describe an urban plan based on the based real estate development firm, and lyst for other developments to occur. In the the U.S. Green Building Council. notion that airports are major drivers of the city of College Park, the Gateway world of development, usually someone is “It’s more diverse in its functions than development today, just as railroads and Center project is a winner of the Urban waiting for someone else to put most airport developments — a highways have led development in the past. Land Institute Atlanta’s Development of their toe in the water first.” lot of them are outdoor shopping The Gateway complex is about a quarter Excellence, an award that recognizes not Van Slyke’s firm was involved malls — this is very different mile from the airport, and only a few steps only the finished product but its lasting in the design of Gateway from that,” Van Slyke said. “It’s from the first station on the airport’s impacts over time — and positive effects Center’s SpringHill Suites, the now a dynamic work place with a Skytrain. The second stop is the consoli- on the surrounding area. first of its brand to reach a LEED convention center in the middle.” dated rental car center, located to the west. The $250,000 million mixed-use Gateway Gold certification. Van Slyke said In addition to strengthening A nearby MARTA rail station provides project is a thoughtfully planned puzzle the hotel is designed to appeal to the College Park area, the another piece of the puzzle — a 10-minute with each piece carefully woven into place. a younger, active group of Slyke project adds to Atlanta’s diversity connection to downtown. It is designed to modern sustainable professionals. Goode Van Slyke of businesses and convention “One thing we have seen throughout the standards not just by its construction and “I feel like our part of the Architects centers in the metro area, said , and the world over a very materials, but availability of various modes project fit with all the pieces and project principal Dan Joy of long period of time, is as transportation of transportation. parts around it, which is part of the Rule Joy Trammell +Rubio Architects, infrastructure is put in place or expanded, Enclosed with thick windows and sound- walkable community idea,” he said . which provided architecture and interior real estate opportunities on many different proofing to seal out noise from nearby Gateway Center is the first stop on the design for the 120,000-square-foot office scales follow,” Joy said .

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*EFF3HAW\2YAN(OYT\*IM#ASWELL    ATLANTA BUSINESS CHRONICLE COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE October 5-11, 2012 • Page 27A Next for metro Atlanta – a culture of sharing? etro Atlanta has been redefining economic, societal and demographic intelligent densification and urbanization; Similarly, ULI must plan for the cities itself over the past 100 years. Due changes and environmental concerns, and integrating energy, resources and of tomorrow. to innovative thinking compels us to rethink the uses sustainably. We are entering a new era, one in which Mand public-private part- impacts on livability of how Each of these new priorities incorpo- demographic, economic and environ- nerships, the Atlanta region we grow, build and adapt. rates some aspect of housing, mental factors are changing what will be has grown ten-fold (from ULI is at the forefront of infrastructure, sustainability, capital built, where it will be built, and how it will 600,000 to 6 million residents) this change, anticipating how markets and industry leadership — all be financed. Most importantly, we must during an extraordinary short our urban areas will ultimately issues that provide content for ULI’s remember that what we plan, design, period of time in the history of be experienced, in terms of products, programs and activities. They renovate and build now must still be civilization. meeting the expectations are helping lay the groundwork for what appealing and worth preserving for the Coincidently, Atlanta faces of future generations for ULI Atlanta members will achieve in the next century. As the real estate and land some of the same challenges VIEWPOINT livability, amenities, flexibility, years ahead. use industry continues to evolve, ULI can TODAY that we confronted Jeff DuFresne mobility and choice. This We can take pride in the fact that our keep its edge by encouraging members to 100 years ago: Growing uncer- proactive course is reflected goal of excellent community design and keep learning from each other, create a tainty in financial markets, shifting in ULI’s new priorities, which include: building can be traced back to the organi- grassroots community of investment in economic growth drivers, changing creating resilient communities; zation’s earliest years. But, to borrow a tomorrow, and to “pass it on.” demographics and household size, understanding demand and market quote from J.C. Nichols, “An intelligent and socio-political uncertainty beyond forces; connecting capital and the built city plan … does not forget the greater DuFresne is executive director of Urban Land our shores. environment through value; promoting needs of tomorrow in the press of today.” Institute - Atlanta District Council. In the 1920s, the landmark U.S. Supreme Court case Euclid v. Ambler established the principle and practice of land-use zones in the U.S. The decision opened the door for jurisdictions to adopt zoning ordinances as a way to regulate growth and limit where objectionable land uses can locate (i.e. the industrializa- tion of our cities). Since then, Georgia law has increasingly adopted land-use regulations to protect the public health, safety, morals and welfare of our citizens. By the 1930s, cities around the country were trying to recover from the Great Depression and position themselves as leaders in an economy then dominated by manufacturing. They were grappling with inner-city neighborhoods in decay as well as new suburbs that would soon face rapid growth. After the Great Depression, ULI Founder and Developer J.C. Nichols, sought to gain knowledge about operating in this new environment by learning from other real estate profes- sionals. These leaders would take trains to meet together, unroll their plans, and discuss what was right or wrong with how, what or where they were building. Mr. Nichols later stated: “Remain in the ULI as long as you are in the real estate business. Whatever you learn as a result, however you benefit from it, don’t keep it to yourself. Pass it on.” Today, ULI’s culture of “sharing” continues. The defeat of the T-SPLOST pushed various organizations to re-evaluate the way transportation and associated developments are positioned. There is real opportunity now to be more FOCUSED on targeted solutions and to develop criteria that quantifies return on investment. ULI now has nearly 30,000 members worldwide, serving private investors, lenders, developers, owners, service providers and public sector officials. ULI still serves its original purpose as “the one place” for all market participants to engage in candid conversations, debates and analyses of market trends, best practices and future challenges facing urban markets. ULI’s unique knowledge network — and the expecta- tion that as a ULI member, you are obligated to share your mistakes, as well as your successes — remains unchanged. Looking ahead, the real estate and land-use industry has reached a pivotal point with formidable challenges and promising opportunities. Ours is a rapidly urbanizing world, one in which the gross domestic product in each nation will be determined by what happens in urban areas. This urbanization, along with Page 28A • October 5-11, 2012 COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE ATLANTA BUSINESS CHRONICLE ATLANTA’S TOP COMMERCIAL DEVELOPERS Ranked by square feet developed

Square feet currently Square feet Square feet under construction Year developed company owns in metro Atlanta / est. in Rank Prior Address 2011-2012* and developed† Square feet planned Partial list of buildings developed§ Chief Atlanta officer(s) Atlanta Offi ce

Ackerman & Co. Camp Creek Medical Center IV, Kris Miller, 150,000 Marietta Medical Center, Winn Medical Center, Charles Ackerman, (NR) 10 Glenlake Parkway, South Tower, Suite 1000, 612,000 2,700,000 1967 1. Atlanta, Ga. 30328 2,000,000 Pinnacle Eagles Landing, Corporate Forum, Rene Miller, (770) 913-3900 • www.ackermanco.net Perimeter Town Center Vivian Barnes

Cousins Properties Inc. 1,004,000 Cox Communications Technology, (2) 600,000 5,468,000 Larry Gellerstedt 1958 191 Peachtree St. N.E., Suite 500, Atlanta, Ga. 30303 NA 2. (404) 407-1000 • www.cousinsproperties.com

4100 North Commerce Drive Duke Realty Corp. 708,486 (Kuehne + Nagel Inc. build-to-suit), (4) 497,476 5,300,000 Chris Brown 1965 3715 Davinci Court, Suite 300, Peachtree Corners, Ga. 30092 NA One Primerica Parkway 3. (770) 717-3200 • www.dukerealty.com (Primerica Inc. build-to-suit)

John K. Dewberry, Dewberry Capital Corp. NA (NR) 460,000 1,120,000 redevelopment of Campanile Douglas G. Dewberry, 1989 1545 Peachtree St., Suite 250, Atlanta, Ga. 30309 6,000,000 4. (404) 888-7990 • www.dewberrycapital.com Ridr Knowlton

Taylor & Mathis Inc.^ NA Andrew Taylor (NR) 80,070 2,144,000 Inc. customer support center 1967 245 TownPark Drive, Suite 575, Kennesaw, Ga. 30144 NA [email protected] 5. (770) 795-1330 • www.taylormathis.com

Industrial

Southcreek Industrial Park Building C (The Clorox Co. build-to-suit), Industrial Developments International Inc. (IDI) 1,209,707 (1) 2,355,085 5,509,120 Huntcrest Business Center Tim Gunter 1989 St., Suite 1100, Atlanta, Ga. 30309 NA 1. (404) 479-4000 • www.idi.com (Mitsubishi Electric Cooling & Heating build-to-suit), Riverside Business Center Building A

Panattoni Development Co. Inc. Building Construction Products 1,290,985 Division of Caterpillar Inc. build-to-suit, Mike Gray (4) Paces Cumberland, 2675 Paces Ferry Road, Suite 200, 1,290,985 6,352,989 1996 2. Atlanta, Ga. 30339 1,850,000 Georgia-Pacific LLC build-to-suit, [email protected] (404) 921-2000 • www.panattoni.com Interroll Corp. build-to-suit

McDonald Development Co. Southmeadow J; 180,360 Southmeadow H; (2) 3715 Northside Parkway N.W., Building 200, Suite 700, 389,160 4,558,000 John R. McDonald 1989 3. Atlanta, Ga. 30327 3,450,000 Southmeadow Parkway, Building Two (404) 239-0885 • www.mcdco.com (Martin-Brower Co. LLC)

Pattillo Industrial Real Estate 77,126 Meadowbrook Meat Co. Inc., (3) 335,181 11,410,106 Lawrence P. Callahan 1955 5830 East Ponce de Leon Ave., , Ga. 30083 240,000 speculative building in Gainesville, Ga. 4. (770) 938-6366 • www.pattillore.com

4100 North Commerce Drive Duke Realty Corp. 708,486 (Kuehne + Nagel Inc. build-to-suit), (NR) 211,000 5,300,000 Chris Brown 1965 3715 Davinci Court, Suite 300, Peachtree Corners, Ga. 30092 NA One Primerica Parkway 5. (770) 717-3200 • www.dukerealty.com (Primerica Inc. build-to-suit)

Retail

The Sofran Group 94,062 (NR) 6160 Peachtree-Dunwoody Road, Building C-100, 188,124 NA Phase II of the Griffin Pavilion (The Kroger Co.) Freddie D. Crenshaw 1980 1. Atlanta, Ga. 30328 118,960 (770) 351-9300 • www.sofrangroup.com

Cousins Properties Inc. 1,004,000 Cox Communications Technology, (2) 82,000 5,468,000 Larry Gellerstedt 1958 191 Peachtree St. N.E., Suite 500, Atlanta, Ga. 30303 NA Emory Point 2. (404) 407-1000 • www.cousinsproperties.com

Columbia Properties Inc. 75,550 Dan O’Neill (3) 1355 Terrell Mill Road, Building 1478, Suite 200, 75,550 220,759 The Village at Millers Chapel 1980 3. Marietta, Ga. 30067 238,750 [email protected] (678) 460-3122 • www.columbiapropertiesinc.com

Hunter Richardson OliverMcMillan 90,000 (NR) 75,000 NA NA hrichardson@ 2011 733 Eighth Ave., San Diego, Calif. 92101 265,000 4. (619) 321-1111 • www.olivermcmillan.com olivermcmillan.com

1075 Peachtree (with development Selig Enterprises Inc. 1,300,000 (4) 23,000 4,543,679 partner Daniel Corp.), Steve Selig 1918 1100 Spring St. N.W., Suite 550, Atlanta, Ga. 30309 1,625,594 5. (404) 876-5511 • www.seligenterprises.com 77 12th at 12th & Midtown

* Refers to square feet developed from January 2011 through August 2012, either completed or under construction. All figures are for SOURCES: Atlanta Business Chronicle research and the companies the 20-county metro Atlanta area. † Refers to completed projects only as of August 2012. § May include office, industrial and retail properties. It is not the intent of this list to endorse the participants or to imply that the ranking of a company indicates its quality. Although every ^ Company submitted a statement of verification supporting figures. attempt is made to ensure the accuracy and thoroughness of Atlanta Business Chronicle charts, omissions sometimes occur. All NA - Not available or not applicable information listed is based on responses from the companies to Atlanta Business Chronicle surveys. Please send corrections NR - Not ranked or not relevant or additions on company letterhead to Rachael Gates, Research Associate, Atlanta Business Chronicle, 3423 Piedmont Road, Suite 400, Atlanta, Ga. 30305, or email [email protected].

ATLANTA BUSINESS CHRONICLE COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE October 5-11, 2012 • Page 29A Terminal moves ATL forward as global city By Nicole Bradford icon that will be recognized worldwide, CONTRIBUTING WRITER attracting more passengers to our great Maynard H. Jackson Jr. t’s true that recently opened city and state.” International Terminal Maynard H. Jackson Jr. International Cortes oversaw the design process and Terminal reduces congestion construction process beginning Location: 2600 Maynard H. I and lessens the burden on the with the terminal’s early stages Jackson Jr. Blvd. Hartsfield-Jackson Atlanta Interna- of planning. Scope: 1.2 million square-foot, tional Airport’s domestic terminal. The intent, he said, was to create $1.8 billion international airport But the underlying fact is: You a structure that was simple, terminal construction project that never get a second chance to make elegant and functional, but at the opened in May 2012 a first impression. same time stands as a contribution With its soaring glass walls and to modern and progressive Developers: City of Atlanta and flowing design, the $1.8 billion aviation architecture. Hartsfield-Jackson Atlanta WINNER International Airport completed project is sure A “flowing” design, along with SPECIAL to impress. ULI transparent and naturally lit spaces In the making since 2000, the DEVELOPMENT OF already have made the new facility excavation and retaining wall footprint. for the construction management joint international terminal opened EXCELLENCE an icon for the city, said Deputy The finished facility had to be built to venture, Holder-Moody-Manhattan-Hunt. May 16, the culmination of years of Project Manager Karen I. Duckett LEED specifications, among other require- The greatest one for construction planning and design and carefully executed president and CEO of Duckett Design ments, and all had to be completed by managers, he said, was completion of the coordination between scores of engineers, Group Inc., the firm that led the develop- 2012, including the terminal’s roadways Automated People Mover connector architects and construction who not only ment of the arrivals level, parking deck and parking structure. tunnel between the new terminal, which worked in conjunction with one another, and interior components of the connection To meet the deadline, the project was allowed the existing train system to serve but in a tight area alongside the airport’s between Concourse E and F. designed in 14 different construction pack- the new facility . fully functional terminal. Duckett, who worked under Mayor ages, with 32 consultant firms on the design The new international terminal’s connec- Named for former Atlanta Mayor Jackson executing the non-housing team in what Duckett describes as a monu- tion to the domestic terminal through Maynard H. Jackson Jr., the structure projects for the city’s Community mental effort. During the construction, extensions of the airport’s underground has what many of its designers call a Development Block Grant program, more than 1,300 workers were on site daily. train and pedestrian walkway is unique, “transparent look,” with glass walls and a believes the project’s namesake — who The site was extremely tight, she said. said James Brindle, senior project man- glass canopy that give approaching passen- loved cutting edge solutions — would be A separate joint venture prepared the road- ager with Manhattan Construction Co. gers more than a glimpse of the interior. pleased with the results. work design and construction package. “Such connections between airport termi- Passengers arriving curbside for “I can visualize Maynard’s development “We had to maintain non-encroachment of nals typically are above ground,” he said. departures can see through the structure’s goals throughout this project,” she said. “He the terminal to the roadway, and more The entire construction of the train and glass walls to the planes in the airfield. always wanted the best in development of importantly, design a parking structure that walkway extensions took place under “It is a beautiful, efficient and functional the facilities the city built. He always wanted fit within the space inside the curve of the active Concourse E operations, he said. facility,” said Jorge Cortes, architect and to go the extra mile and be creative.” roadway,” Duckett recalled. “That was like “The airlines and passengers couldn’t assistant director of design for the city of Design and construction of such a large designing for the hole in the doughnut.” tell that it was taking place and that was Atlanta Department of Aviation’s Office scale project was not easy. Its design had A project of that size and scope has chal- the intention,” he said. “It did not affect the of Planning & Development. “It is a new to integrate the previously constructed lenges, said Randy Rager, project director operations of the airport. ”

Safety Above All Else.

HITT Contracting was presented with the 2012 Diamond STEP Award and the 2012 Award of Safety Excellence from the Associated Builders and Contractors of Georgia.

Atlanta • • Charleston • Denver • South • Washington DC

(770) 916.1166 • hitt-gc.com • @twHITTr Page 30A • October 5-11, 2012 COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE ATLANTA BUSINESS CHRONICLE LARGEST TAXPAYERS BY COUNTY Ranked by tax amount paid

Cherokee Clayton DeKalb Douglas Cobb

2011 tax 2011 tax 2011 tax 2011 tax 2011 tax Company amount Company amount Company amount Company amount Company amount

Georgia Power Co. $1,077,962 Inc. $8,559,395 Georgia Power Co. $12,223,811 Georgia Power Co. $7,462,629 Greystone Power Corp. $1,464,912

Atlantic Southeast Co. $770,595 $1,720,398 The Home Depot Inc. $4,185,851 LLC $3,172,500 Georgia Power Co. $591,975 Airlines Inc.

BellSouth Cobb Electric Ohio Teacher's Georgia $568,583 AirTran Airways Inc. $1,396,516 $4,050,617 Telecommunications / $3,005,399 $560,314 Membership Corp. (EMC) Retirement Fund Transmission Corp. AT&T Inc.

Stone Mountain Staples Contract and GLL Selection II Georgia L.P. $491,483 Georgia Power Co. $1,219,557 SP4 $2,977,871 $2,265,509 $511,814 Industrial Park Commercial

Federal National Cobb Electric Membership Federal National $457,560 AMB Partners $671,135 $2,975,949 Highwoods Forsyth L.P. $2,092,790 $460,873 Mortgage Association Corp. (EMC) Mortgage Association

BellSouth Georgia Transmission Corp. $410,624 City of Atlanta $529,250 Lockheed Martin Corp. $2,615,068 Atlanta Gas Light Co. $1,976,644 Telecommunications / $447,052 AT&T Inc.

BellSouth Clorox Products Wells REIT II Telecommunications / $368,014 $467,695 $1,561,377 Koger Ravinia LLC $1,803,804 II LLC $429,780 Manufacturing Co. Wildwood Properties AT&T Inc.

CH Realty IV / $334,401 Atlanta Gas Light Co. $379,544 Walton Communities $1,514,926 RB Terraces LLC $1,652,490 Blue Valley $352,233 Woodstock LLC

BellSouth Windstream Georgia Interstate North Wells REIT II Birch Landing Atlanta $312,374 Telecommunications / $337,257 $1,478,331 $1,390,056 $348,060 Communications Corp. Office Park L.P. Parkside Atlanta Apartments LLLP AT&T Inc.

BellSouth DDRM Riverstone Plaza LLC $310,537 Highwoods Realty $281,092 Telecommunications / $1,445,820 Perimeter Summit LLC $1,377,659 Lytos-Creekside II Inc. $346,995 AT&T Inc.

Fayette Fulton Gwinnett Henry Rockdale

2011 tax 2011 tax 2011 tax 2011 tax 2011 tax Company amount Company amount Company amount Company amount Company amount

DDRTC Fayette Pavilion Development Authority of Henry County Visy Paper & Industrial $464,228 $9,849,755 Georgia Power Co. $4,136,038 $1,417,643 $1,371,082 III and IV Fulton County Development Authority Packaging

DDRTC Fayette Pavilion $459,792 Georgia Power Co. $4,042,385 Super Markets Inc. $3,830,605 Georgia Power Co. $1,268,249 Rockdale Hospital LLC $1,237,530 I and II

BellSouth BioLab Inc. Telecommunications / $415,943 Duke Realty Corp. $3,676,377 Wal-Mart Stores Inc. $3,359,555 US Industrial REIT II $828,722 $682,604 AT&T Inc.

Coweta/Fayette Electric Norfolk Southern Corp. $391,991 The Coca-Cola Co. $2,215,811 Duke Realty Corp. $3,003,911 $780,360 Acuity Lighting Group $662,390 Membership Corp. (EMC) combined

Snapping Shoals Electric Georgia Power Co. $382,866 AT&T Inc. $1,884,177 AT&T Inc. $2,966,984 Ken's Foods Inc. $764,440 $549,002 Membership Corp. (EMC)

BellSouth Inland Western, AT&T Communications Atlanta Gas Light Co. $342,169 $1,473,378 LLC $2,729,197 $748,304 $509,222 Telecommunications McDonough

Camden Summit Inc. / $340,695 BF ATL LLC $1,391,527 $2,630,406 Trees of Avalon LLC $698,883 Lake St. James TIC $493,273 Partnership L.P. Cisco Systems Inc.

DDRTC Fayette Pavilion Jackson Electric NP/I&G Conyers $338,405 Delta Air Lines Inc. $1,320,316 $2,362,025 Cardinal Health 110 Inc. $682,824 $484,553 I and II Membership Corp. (EMC) Crossroads

Coweta/Fayette Electric Georgia Transmission $336,145 Post Homes $1,283,953 Atlanta Gas Light $1,366,580 $648,557 Golden State Foods $343,292 Membership Corp. (EMC) Corp.

NCR Corp. and $309,617 SunTrust Plaza Associates LLC $988,527 LA Forum Peachtree I LLC $1,318,980 Prologis NA2 US LLC $595,424 Diversitech Corp. $206,136 corporate property

SOURCES: Atlanta Business Chronicle research and county Tax Commissioners’ Offices It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of Atlanta Business Chronicle charts, omissions sometimes occur. All information listed is based on responses from the counties to Atlanta Business Chronicle surveys. Please send corrections or additions on company letterhead to Patsy Conn, Research Director, Atlanta Business Chronicle, 3423 Piedmont Road, Suite 400, Atlanta, Ga. 30305, or email [email protected]. ATLANTA BUSINESS CHRONICLE COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE October 5-11, 2012 • Page 31A Finalists: The Edge, Clough Learning Center The Edge Clough Learning Center n the heart of Atlanta’s Old Fourth ased on holistic design, the new Ward sits a 9,000-square-foot LEED Clough Learning Center at the Georgia IPlatinum building that serves as an B Tech campus incorporates everything ideal example of how underused buildings from formal lecture halls to informal study can be repurposed to breathe new life into corners to a Starbucks location.

old neighborhoods. SPECIAL But this project amounts to much more The building named the Edge was once The Edge than a sum of its parts. The complex, also a 1940s structure that housed industrial referred to as the Clough Commons, SPECIAL works. Purchased by Atlanta-based Location: 399 Edgewood Ave. brings to the campus a sense of commu- Clough Learning Center sustainable design firm Epsten Group for Scope: The complete rehabilitation nity and cohesiveness, adding needed Location: 266 Fourth St. NW, Atlanta an estimated $860,000, it was renovated and “greening” of a 9,000-square- green space via a long and well leaving 95 percent of the structure intact, foot historic downtown building into researched planning process. Scope: Five-story, $85 million complex and has since been named a finalist in the LEED Platinum showcase Bringing the vision to fruition involved completed in 2011 and encompass- ULI Awards of Excellence Program. a number of firms, designers and other ing classrooms, laboratories, offices, Owner/developer: Epsten Group Epsten Group has had a committed professionals. lecture halls and a commons area interest in the resurgence of the Old Project engineer Eric Hagberg, Fourth Ward neighborhood since 2003, vice president of Palmer Engineering Inc., Architect: Bohlin Cwyinski Jackson according to Eileen Gohr, the firm’s place in the history of the . said a particularly challenging aspect project manager and architectural In its original state, large metal working was a tight deadline for producing project designer. equipment was bolted to the exposed construction documents. and staff in the fall 2011. It was named in The first building purchased by Epsten concrete floor on the ground level. A prolonged design and development honor of President Emeritus G. Wayne was a block to the east, where the firm set Exterior walls were uninsulated concrete phase compressed the time frame, he Clough and financed through a combina- up its first commercial office space. That block, bare except for some areas of said, because there was no change in the tion of private and public funding. was shortly before the recession, which drywall or pegboard, Gohr said. “There necessary completion date. Tucker-based The five-story building includes offices, slowed the Old Fourth Ward’s revival did not appear to be any air conditioning, Palmer provided structural engineering laboratories, lecture halls, project team somewhat, but didn’t stop it, she said. only two gas heaters.” services for the project. rooms, a language resource center, The name, the Edge, grew organically Renovation costs for the 9,208-square- “We had great help and worked well writing and presentation skills center and from a combination of factors, Gohr foot building ended up around $970,000. with Continental Concrete Structures to an information commons with computer explained. Also located on Edgewood Covalent Consulting, which provided create a design that was both cost effec- workstations. Avenue, the original Epsten office became mechanical, electrical and plumbing tive and done in a timely fashion,” he said, Sustainable strategies and site respon- known as the Edgewood Offices. The new design services, replaced all components “by working directly with the reinforcing siveness, the core of the Clough building was known locally as the Keen with new equipment, since none of the detailer and supplier.” Commons’ design, are among the aspects Edge Building, housing a metal workshop original systems could be reused. Among Despite challenges, the 220,000-square- of the project that earned it a position as a and warehouse for the saw blade manufac- the building’s new systems, designed to foot Clough Learning Center was finalist in the Urban Land Institute Awards turing and repair company. The building’s achieve a 42 percent energy cost savings, completed by New York-based Turner of Excellence Program . new name, she said, was given to honor its are occupancy sensors and a green roof . Construction Co. and opened to students Finalist stories written by Nicole Bradford. EXCELLENCE IN DEVELOPMENT AWARDS Past winners Dan & Tally Sweat Community Frank Carter Community Year Development of Excellence Project of the Year Leadership Award Achievement Award Ed McBrayer, Ray Weeks, Gateway Center; NA Co-founder and executive director of the Co-founder and chairman of 2012 Maynard H. Jackson International Terminal PATH Foundation Weeks Robinson Properties

1315 ; A.J. Land Jr., Shops Around Lenox; Helen Tapp, NA Chairman of Pope & Land 2011 The Commerce Club State Director of the Trust for Public Land Enterprises Inc. (Jury’s Award) Hotel Indigo Athens; 's Greystone; Don Childress NA Mayor Shirley Franklin 2010 White Provision; Childress Klein Properties Inc. Southface Campus (Sustainability Award) 44/55 Allen Plaza; ; HudsonAlpha Institute for Biotechnology; Andrew Young Charles Ackerman Sovereign 2009 Kirkwood Station; St. Regis Hotel & Residences; dilpomat, politician, pastor Ackerman & Co. Sustainability Program (Sustainability Award) Pemberton Place; The Howard School; Wayne Clough, ; Cobb Energy Performing Arts Centre Harold A. Dawson Sr. 2008 Athens Multimodal Transportation Center; Carl Patton, Georgia State University Serenbe (Sustainability Award) Church; Hattie Dorsey Greg Gregory One Vinings Mountain; Viridian Atlanta Neighborhood Development Industrial Developments 2007 Technology Enterprise Park; Nashville, Tenn. Partnership Inc. International Inc. (IDI) Terminus

Abercorn Common Shopping Center, Savannah; Bernie Marcus TWELVE ; John and Helen Aderhold 2006 Atlanta Vickery

BellSouth Metro Plan; Carrie Steele-Pitts Life Learning Center; The Passage John A. Sibley III Charles R. Brown 2005 Balzer Theater at Herren’s; Chattanooga, Tenn. Georgia Conservancy CRB Realty Associates Inc. Uptown Square, Memphis, Tenn.

Historic Scottish Rite; Technology Square Sam Massell Herman J. Russell Laurel House Apartments; 2004 Atlanta Buckhead Coalition H.J. Russell & Co. Metropolis

* Excellence in Development Awards are sponsored by the Urban Land Institute, Atlanta District Council. The Atlanta District SOURCE: Urban Land Institute, Atlanta District Council Council of the Urban Land Institute dates back to 1986 and has approximately 1,000 members. NA - Not available or not applicable It is not the intent of this list to endorse the participants or to imply that the listing of a property indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of Atlanta Business Chronicle charts, omissions sometimes occur. Please send corrections or additions on company letterhead to Patsy Conn, Research Director, Atlanta Business Chronicle, 3423 Piedmont Road, Suite 400, Atlanta, Ga. 30305, or email [email protected]. Page 32A • October 5-11, 2012 COMMERCIALwww.atlantabusinesschronicle.com REAL ESTATE/URBAN LAND INSTITUTE ATLANTA BUSINESS CHRONICLE Weeks cited for ULI contributions By Martin Sinderman “The process of going public pushed our CONTRIBUTING WRITER team to do more than we ever thought we Ray Weeks his year’s winner of Urban Land could,” he said, “as did our expansion into Age: 59 Born: Atlanta Lives in: Atlanta Institute Atlanta’s Frank Carter Texas, the mid-Atlantic, and Florida, all of Current job: Chairman and co-founder of Weeks Community Achievement which was very challenging.” Robinson Properties Award has a penchant for Weeks left Duke-Weeks in T Previous job: Founder, Weeks Property Group public policy, and a track record 2001 to form Weeks Properties of bringing people together to Group, the platform from which Education: Bachelor’s degree from Furman address issues that impact — he worked until 2008, when he University; a master of social science in urban and result from — the growth of founded Weeks Robinson studies from Georgia State University; and a juris metro Atlanta. Properties with CEO Forrest doctor degree from Mercer University. Chairman and co-founder of Robinson, a long-time (30-plus Weeks Robinson Properties, years) professional colleague. Family: Wife: Helen Ballard Weeks; Ray Weeks started his real estate FRANK CARTER Focused on developing and Children: Harry and Emily JOANN VITELLI career in 1980 following his grad- COMMUNITY investing in institutional-grade uation from Mercer University ACHIEVEMENT Sunbelt warehouse properties, law school. At the urging of his Weeks Robinson also takes on been developed without his committed solutions to growth-related challenges. father, he joined A.R. Weeks AWARD projects such as the redevelop- leadership,” said Shirley Franklin, former The Georgia Conservancy gave Weeks & Associates, a warehouse ULI ment of Fort Gillem, where it is mayor of Atlanta, who appointed Weeks. its 2007 “Distinguished Conservationist of developer. AWARDS OF EXCELLENCE part of the team tapped to serve “In a sense, the Atlanta Beltline is Ray’s the Year” award. That same year, the Weeks took the helm of the as the master developer for the Beltline for Atlanta,” Franklin added. Georgia chapter of the National company following his father’s 1,500-acre U.S. Army base that “He provided the kind of leadership an Association of Industrial & Office death in 1983, and during the next 16 years closed in 2011. individual elected official or mayor Properties recognized Weeks’ commit- expanded its reach to eventually make Outside of his business, Weeks has couldn’t, to a project which will transform ment to the real estate industry and his it the largest build-to-suit developer of served in a number of capacities reflective Atlanta, increase its livability, and make service as Atlanta BeltLine Partnership warehouses and suburban office buildings of his dedication to progressive public it a greater city for everybody.” chair when it gave him the 2007 Carter/ in the Southeast, with more than $2 billion policies on land use, regional planning, Weeks has also served as co-chair of the Mathis award for Outstanding Contribution in assets and operations in ten cities. and environmental protection. Clean Water Initiative, a joint task force of to the Community . He took the company public in 1994, In 2005, Weeks became the first the Metro Atlanta Chamber and the “Ray has love of public policy, a genuine creating Weeks Corp., a REIT, in a $115 mil- chairman of the Atlanta Beltline Regional Business Coalition, the latter passion for Atlanta, and is an incredibly lion initial public offering. In 1999, Weeks Partnership, the private-sector entity an organization he was instrumental in intelligent individual,” said John Ahmann, Corp. merged with Duke Realty Investments charged with ensuring the success of one creating. He was appointed by former executive director for the Atlanta Inc. to form Duke-Weeks Realty Corp., with of the largest and most innovative urban Gov. Zell Miller to chair the Georgia Committee for Progress, who has worked Weeks assuming the role of vice chairman, renewal projects in the United States. Department of Industry, Trade and with Weeks on a number of initiatives since president and chief operating officer. “Atlanta will forever bear the imprint of Tourism board; and, he served for three 1996. “And as a result, Ray has been able to Weeks says that taking Weeks Corp. Ray’s leadership in the development of the years as chairman of the Council for drive numerous public policy initiatives public was the hardest — and most satis- awesome, expansive and impactful Quality Growth. Weeks has been widely that have improved the quality of life and fying — episode in his professional life. Beltline, which would not ever have recognized for his contributions in seeking economic vitality of the Atlanta region. ” McBrayer finds PATH to success with trails By Randy Southerland Their first mission was to persuade the Ed McBrayer Curent job: Co-founder and executive CONTRIBUTING WRITER city to connect some of the Olympic director, PATH Foundation fter spending 15 years riding the venues with trails so that people could get extensive networks of bike tails around around without a car. McBrayer and friend Previous job: A homebuilder for Denver, Ed McBrayer Pete Pellegrini became regu- 20 years, mostly in Colorado. Before A faced a major disappoint- lars at City Hall pushing his that worked as an Aerospace Engineer ment when the Georgia native ideas. While there he met on the manned spacecraft program for returned to Atlanta. another biking enthusiast, NASA in Huntsville “It was a whole difference author Maxine Rock. The experience back in the late three decided they needed a Education: Aerospace Engineering ’80s,” he said. “There were nonprofit organization to help graduate from Georgia Tech basically no trails or bike lanes acquire land for the proposed Family: Mother, 90, who lives in Atlanta and even a lot of neighbor- trails — and offer tax breaks hoods didn’t have sidewalks DAN AND TALLY SWEAT to help persuade property Hobbies: Avid cyclist, cycling instructor back then. When I first came COMMUNITY owners to give up their prop- JOANN VITELLI at LA Fitness, have taught group fitness Age: 68 Born: Gainesville, Ga. for 35 years, private pilot, scuba diver, back I put my bike in the LEADERSHIP AWARD erty. Rock’s attorney husband garage and forgot about it for a drafted the documents to Lives in: DeKalb County north of Emory gardening, cooking few years.” ULI establish the organization. But the bicycle didn’t stay AWARDS OF EXCELLENCE They also adopted a name: there for long and McBrayer’s PATH, People of Atlanta for come out and ride one of the trails with sector working together to get his done passion for riding would Trails Here. them. The experience helped turn him into was one of the reasons that PATH has eventually contributing to the building of “We quickly realized that a straight line a supporter even though he quickly fell off been successful.” more than 150 miles of paved trails around from A to B wasn’t going to cut it because the bike, recalled Rock. Today, the miles of trails throughout the the city. His efforts on behalf of the we would have to find some way to McBrayer was determined to create city are treasured assets in every commu- nonprofit PATH Foundation have been condemn the land, or buy it,” said Rock. something like the intricate system of trails nity they touch, but that was not always recognized with the Urban Land Institute “Or, get people to donate swatches of land that allowed bikers in Colorado to not only the case. McBrayer met opposition from Atlanta’s Dan and Tally Sweat Community on which trails would be built. Some of it get around cities like Denver, but travel local residents who feared the trails would Leadership Award, which is given annually was city property, some state property, safely to nearby communities as well. attract crime and lower property values. In to a visionary from the public or nonprofit some private and some of it we couldn’t An aerospace engineer, he had served as addition, most people simply weren’t bikers. sector who has advocated for responsible find out who owned it.” a planner for the city of Englewood. That “The first thing we did was to build a trail, land use. In one case they discovered that a large led to his involvement with the Greenway it wasn’t so much a biking trail, but it was a In the early 1990s, after a harrowing ride section of property was owned by jazz musi- Foundation which was then building a trail trail around ,” said PATH out to Stone Mountain on Ponce de Leon cian Lionel Hampton. The trail that bears his along the South Platte River . board member Jim Kennedy of the Cox Avenue, McBrayer and a few cycling name became one of the first demonstration That experience with how public private Foundation. “It was mainly for walkers and buddies decided the city needed bike trails . trails on the city’s Southside. partnerships worked proved valuable upon mothers strolling kids — doing things that The 1996 Summer Olympic Games had The emphasis from the very beginning his return to Atlanta. you like to do, but in a busy city you have a been announced and he didn’t want the was on getting local governments to make “I went out to Denver to see how they time finding a place to do it. When we next great “international city to be embar- trails a part of the area’s infrastructure . did it,” said McBrayer. “We were struc- built that first trail, people could see it and rassed by the fact that it didn’t have a place McBrayer and his supporters persuaded tured differently than they were, but the it became a lot easier then to convince for people to walk or bike around the city.” then Atlanta Mayor Maynard Jackson to whole concept of the public and private them of the need to build more trails. ”

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