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Posted on: May 21, 2014

City of Atlanta Buys "Underground" for $8.8 Million -Atlanta Chronicle-

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-Atlanta Chronicle-

Atlanta now owns Underground Atlanta. The city officially bought out the remainder of an 88-year lease with the project’s operating partner, Dan O’Leary, for 8.8 million, the city confirmed May 12. The official owner is the Downtown Development Authority, an authority within the Atlanta Development Authority (Invest Atlanta).

The city plans to market Underground Atlanta to developers.

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