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Mayor Kasim Reed Announces $100M Expansion of Piedmont Park

Post Date:12/29/2017 7:51 PM

 Mayor’s Office of Communications
55 Trinity Avenue, Suite 2500 • Atlanta, Georgia 30303 

Anne Torres, Director
404-330-6423, office
404-904-2618, cell
amtorres@atlantaga.gov

Jenna Garland, Press Secretary
404-330-6612, office
404-357-5579, cell
jgarland@atlantaga.gov

 FOR IMMEDIATE RELEASE: December 29, 2017

 News Release

 Mayor Kasim Reed Announces $100M Expansion of Piedmont Park

ATLANTA – Mayor Kasim Reed today announced that the City of Atlanta has signed Letters of Intent with two property owners to purchase the property located at the corner of Piedmont Road and Monroe Drive for the historic expansion of Piedmont Park and the Atlanta Botanical Gardens. Joining Mayor Reed for the announcement was Department of Parks and Recreation Commissioner Amy Phuong, Chief Operating Officer Dan Gordon, Chief of Staff Candace L. Byrd, as well as Piedmont Park Conservancy President and CEO Mark Banta and President and CEO of the Atlanta Botanical Gardens Mary Pat Matheson.

“It is fitting that for my final announcement as the 59th Mayor of the City of Atlanta, that I had the honor of announcing an historic expansion of Piedmont Park,” said Mayor Reed. “Piedmont Park is our city’s crown jewel, and my friends Mary Pat Matheson and Mark Banta shared my belief that this moment represents a once-in-a-generation opportunity to purchase the land needed to expand this beautiful park. I want to thank Mary Pat and Mark for their partnership in this effort, and everyone who made this agreement possible. This expansion will create a new gateway to the park, and will fundamentally transform the area at Monroe and Piedmont. Words cannot express my happiness and my gratitude.”

The purchase of this land will enable the City to create an enhanced landscape that will serve as a gateway entrance to Piedmont Park. As the City moves forward with this project, the Department of Parks and Recreation will host a community engagement process to incorporate public feedback in the park design. The expansion project will include a connection to the Atlanta BeltLine, improved pedestrian trails and access to Piedmont Park, additional open greenspace and forested land.

“I was honored to stand by Mayor Reed today to make this historic announcement. Over the past eight years of his Administration, I believe Mayor Reed has set a new standard for parks and greenspace expansion. He should be honored as one of the greatest parks Mayors our city has ever had, and it has been a tremendous privilege to carry out his vision,” said Commissioner Phuong.

The City will contribute $20 million to the initial acquisition. Carol Tomé, CFO of The Home Depot and a member of the Atlanta Committee for Progress, has volunteered to lead the philanthropic effort raise up to $80 million in private funds to acquire all the remaining property and fund the park design and construction.

An anonymous philanthropist contributed $2 million to support the initial $20 million acquisition. In addition to the gift, the City will leverage various sources, including but not limited to Park Impact Fees, TSPLOST funds and Watershed funds to fund the acquisition. The City will also take on the current leases and utilize the net operating income from generated from those leases.

Under Mayor Reed’s leadership, the Department of Parks and Recreation has reopened all the City’s recreation centers and formed partnerships to invest more than $6 million in philanthropic dollars in the Centers of Hope. More than 3,500 young people receive leadership development training, participate in modern technology courses, and experience true mentorship at Centers of Hope each year. In addition, the department acquired an additional 171 acres of land in the City of Atlanta which includes 15 new parks. As a result, 64 percent of Atlanta residents live within a half mile walk of a park.

Conceptual renderings of the park expansion can be found here.

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 For more information about the City of Atlanta, please visit http://www.atlantaga.gov or watch City Channel 26. Follow the City of Atlanta on Facebook and Twitter @CityofAtlanta. Follow Mayor Reed on Facebook and Twitter @Kasim Reed

 

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