Atlanta Mayor Keisha Lance Bottoms continues to redesign a proposed $5 billion redevelopment proposal for the downtown Gulch area in an effort to win over a majority of the Atlanta City Council.
The latest version of the deal, announced Tuesday, would reduce the maximum amount of bond financing to be backed by revenue generated from the Westside Tax Allocation District (TAD) from $625 million to $40 million. The new plan would place more financial responsibility on California-based developer CIM…
