Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Atlanta council backs feasibility study to address rising retail rents for small businesses
Summary
The Atlanta City Council unanimously approved a resolution to commission a feasibility study to identify incentives and strategies to keep commercial retail space affordable for small, "mom-and-pop" businesses amid steep rent increases, particularly in BeltLine tax allocation districts.
At a City of Atlanta meeting, the council unanimously approved a resolution to commission a feasibility study aimed at preserving affordable commercial retail space for small, "mom-and-pop" businesses across the city.
The resolution responds to steep increases in lease prices — described in the meeting as rising to about $55 per square foot — that council supporters said are making retail space unattainable for many small businesses, especially near BeltLine tax allocation districts. The study will explore financial incentives and other tools and involve partnerships with Invest Atlanta, Atlanta BeltLine Inc., and the mayor's…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
