A new report says, building a cruise ship terminal in Savannah could bring Georgia $89 million a year in new spending and create 1,000 jobs. A Miami-based consulting firm prepared the study. It says, the city could build a terminal in four years at the Georgia Ports Authority. Five years later, it could build a terminal at the city's historic waterfront.
A Washington Post investigation found $400 million in squandered public housing funds nationwide -- including about $4 million in Georgia. The newspaper says, the Department of Housing and Urban Development spent money on housing projects for the poor that haven't been built and have sat idle for years. Delayed projects include two in Atlanta.
Gov. Nathan Deal is lending is his support to building a new $140 million highway that would give trucks expanded access to the Port of Savannah.
Chatham County taxpayers could be taking a big risk by publicly financing a new hotel at the Savannah Trade and Convention Center. That's the conclusion of a consultant hired by the trade center board to run the numbers. The consultant says, the hotel business is extremely volatile and the hotel's developer is being overly-optimistic about potential revenue.
Federal transportation officials want to improve road and railways leading to the nation’s ports. The upgrades could help with a traffic surge from the Savannah Harbor deepening.
Atlanta-based Delta Air Lines will feature Georgia-grown produce this summer. Passengers on more than 17,000 flights in May and June will see a series of short videos about Georgia’s Vidalia onions, watermelons, peaches, and blueberries. The goal is to drive people to the www.gagrown.us website that promotes Georgia’s agricultural products.
Mitsubishi Power is marking the end of one phase of construction and the beginning of another at its plant near Savannah. Officials with the Japanese heavy equipment maker say, they expect to begin work soon at their electrical turbine manufacturing facility in Pooler. The company will dedicate the plant, expected to employ 200 by the end of next year.
Georgia agriculture official's say actions could be coming on fraudulent onions. Vidalia's can only be grown in 20 counties. Packing rules tight as well.
Governor Nathan Deal still is reviewing a bill to boost tax incentives to spur some tourism projects. The tax breaks could help a proposed convention hotel in Savannah. Some hotel owners have tried to block the hotel because it could be financed with 50-million-dollars in county bonds. The opponents says, that's unfair to privately-backed hotels.
A court-appointed guardian is taking control of the assets of the developer of the luxury Georgia golf community Reynolds Plantation, a move aimed at helping the financially troubled company avoid bankruptcy or foreclosure. Five lenders said in a court filing Wednesday that Linger Longer Development Co. and two of its affiliates are in default and appear to be in deep financial distress.