logo
Front Porch brings affordable housing units to Sweet Auburn

Front Porch brings affordable housing units to Sweet Auburn

Axios21-04-2025

The first phase of a redevelopment project that produced Auburn Avenue's first new build in nearly two decades is sparking hope that one of Atlanta's most famed thoroughfares will see a rebirth.
Why it matters: Once considered the " richest Negro street" in the world, Auburn Avenue — dubbed Sweet Auburn by its boosters — had one of the largest concentrations of Black-owned businesses in the country.
It was home to Atlanta's first Black-owned radio station, daily newspaper and office building, and was a business, political and cultural hub.
In the last few decades, however, commercial investment into Sweet Auburn has not kept up with money poured into neighboring streets and communities.
Driving the news: The Historic District Development Corporation on Wednesday cut the ribbon on Front Porch, a mixed-use development that includes 33 fully furnished residential units.
HDDC said 78% of the units, which start at $1,400 a month, are designated as affordable.
Utilities are also included in the rent.
Front Porch also has a rooftop garden, and event and retail space.
What they're saying: Michael Hatcher, president of Sovereign Construction and Development, which was part of the construction team, said the project is the first new build on Auburn Avenue since 2007.
Hatcher told Axios he hopes this development will spur "more activity and a lot more attention and investment" into Auburn Avenue.
Friction point: The path to last week's ribbon cutting wasn't easy, HDDC president and CEO Cheneé Joseph told Axios.
They faced several roadblocks when an appraiser "redlined" the property and undervalued it by $7 million, she said.
Knowing that valuation could jeopardize their ability to get financing, HDDC sought the services of another appraiser who Joseph said understood the significance of the neighborhood.
They eventually got the financing needed to move ahead with Front Porch.
"We knew that if we were not going to be able to finish this project, there was never going to be a product of this caliber in Sweet Auburn," she said.
The big picture: Along with Front Porch, other redevelopment projects are also underway in the neighborhood — such as Sweet Auburn Grande, a multi-phase mixed-use project that would transform much of Auburn Avenue between Jesse Hill Jr. Drive and Bell Street into a large mixed-use development.
The restoration of the Prince Hall Masonic Lodge, which has housed many influential Black organizations since it was built in 1940, is also underway.
Big Bethel AME, the oldest Black church in Atlanta, is teaming up with the Benoit Group to build residential units and to renovate its administrative offices.
The bottom line: Joseph said she hopes Atlanta will see Front Porch as a catalyst to re-invest in a once-thriving community torn apart by the construction of the Downtown Connector.
"I think that now that we've got the proof of concept that we can do it, Atlanta has to decide are they going to stand behind their words as far as what is truly the Atlanta Way," she said. "You cannot have a project like Sweet Auburn and the city — our people — not support it and ensure that it's successful."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fashion's Musical Chairs Ends — With Men in Almost Every Seat.
Fashion's Musical Chairs Ends — With Men in Almost Every Seat.

Business of Fashion

time5 hours ago

  • Business of Fashion

Fashion's Musical Chairs Ends — With Men in Almost Every Seat.

LOS ANGELES — This week, with the confirmation from LVMH on Monday that Jonathan Anderson is taking over creative direction of the women's, men's and haute couture collections at Dior, all of the empty chairs at fashion's top houses have now been filled. The pieces are now in place for the biggest fashion month ever this autumn. Among all the creative reshuffling, three of our industry's most talented designers have ended up with three of the biggest jobs at a critical time when luxury is facing a global downturn. In addition to Anderson's new role at LVMH-owned Dior, Demna is gearing up for his debut at Gucci, which will come after his final couture show for Balenciaga in July, and Matthieu Blazy is now installed at Chanel. That most of the big design roles have been filled by men has been a big topic in fashion of late. Save for Sarah Burton at Givenchy, Chemena Kamali at Chloé, Veronica Leoni at Calvin Klein Collection, Louise Trotter at Bottega Veneta and Silvia Venturini Fendi at Fendi, all of the big jobs in fashion are occupied by men. Loewe, Balenciaga, Jil Sander, Celine and Maison Margiela have also appointed men as creative directors. On Thursday, I popped into Neiman Marcus in Los Angeles, to take the temperature of what all of these changes mean. The store was a ghost town with nary a customer in sight. Admittedly, it was only 10:30 a.m. — a bit early for a splurge, but the countless displays shilling luxury fashion and leather goods for 'up to 50 percent off' spoke volumes about the state of the business today. As I was examining the Burberry wares on the ground floor (lots of trench coats and accessories emphasising the Burberry check), one of the store's employees and a dedicated BoF reader approached me to say hello. I asked how business was doing and he simply motioned around the shop-in-shops by Dior, Chanel, Bottega Veneta and Loewe and said all of this is about to change. Customers (and Neiman Marcus sales associates) are mostly in wait-and-see mode, he said, as the upcoming fashion season will bring a lot of creative transformation. This is long overdue. Gucci is the lynchpin of the Kering group, where sales have nosedived. Revenues at Kering's flagship brand plummeted by 23 percent in 2024 to €7.7 billion ($8.8 billion), down from €9.9 billion in 2023. The decline worsened in Q1 2025, with a 25 percent drop year on year. The group's share price has tumbled by more than 60 percent over the last two years. Demna (Getty Images) When Kering executives announced in March that Demna would move from Balenciaga to Gucci in July, luxury market analysts and industry watchers scratched their heads. But I remain convinced that if Demna — one of the most gifted and thoughtful designers working fashion — is able to re-imagine Gucci and move on from his once ultra-popular Balenciaga aesthetic, this could be a very smart move because it simultaneously gives Demna a new creative challenge while breathing new life into Gucci, which accounts for more than 60 percent of Kering's profits. Then there's Chanel, where Matthieu Blazy is in the hot seat. Known for his incredibly creative, globally inspired, craft-focused fashion shows at Bottega Veneta, Blazy has been tasked with upping Chanel's fashion quotient. With the most well-defined codes of any luxury brand, as well as a slew of iconic products (think quilted leather flap bags like the 2.55, bouclé tweed suits and bi-colour patent shoes), the brand is pretty resilient even in times of trouble. Matthieu Blazy speaking at BoF Voices in 2023. (Getty Images) But without a strong fashion direction, Chanel's cultural relevance has waned since the passing of Karl Lagerfeld in 2019. Meanwhile, revenues fell by $1 billion in 2024, down 4.3 percent year on year, as Chanel continued to raise prices by an average of 59 percent between 2020 and 2023, leading customers to question the value of Chanel's products and pull back from the brand's core leather goods offering. Executives are counting on Blazy to bring back Chanel's fashion magic while they think about how to recalibrate their pricing strategy. It's a similar story at Dior, where prices increased by an average of 53 percent over the same period. LVMH does not break out individual brand performance, but said revenues declined by 'slightly more' than the average 5 percent decline in the group's fashion and leather goods division in the first quarter of 2025. In an in-depth interview announcing Anderson's appointment, Delphine Arnault agreed with me that pricing is a big issue to address. For now, she is counting on Anderson's creativity and a focus on customer experience in Dior's upcoming megastores in Los Angeles and New York, to help turn things around. Jonathan Anderson speaking at BoF Voices in 2023. (Getty Images) As I was walking the floor of Neiman Marcus it was hard not to note that with the departures of Maria Grazia Chiuri at Dior and Virginie Viard at Chanel, men are back in charge. While pricing and fashion oomph may have been challenges under their tenures, Chiuri and Viard both oversaw an unprecedented expansion of these megabrands post-Covid, leaving me wondering if what might be gained in fashion relevance could lead to a lack of the connection these female designers were able to foster with their female customers. I've been asking some industry insiders why there is such a paucity of women at the helm of the big brands. One person posited that it's because all of the number two designers — the first go-to when brands are looking to appoint a new creative director — are also mostly men. Seems like that old adage that we tend to pick people who look like us holds true in fashion as well. If this is indeed the case, the change we need to see regarding women in the ranks of the industry's top creative positions needs to start with some of these men appointing more women as their number two. Fine. But there has to be more to it than just this explanation. Truly understanding (and valuing) how women designers connect differently to their customers — and giving them the opportunities to demonstrate this — must also be part of the change. Otherwise, the reign of men in top jobs is set to continue. Imran Amed, Founder and Editor in Chief P.S. Please join us next Monday, June 9 and Tuesday, June 10 for The Business of Beauty Global Forum 2025 livestream with speakers including Hailey Rhode Bieber and Tracee Ellis Ross. Register now. Below are my top picks from our analysis on fashion, luxury and beauty this week: 1. Under Pressure: Can Fashion's Sustainability Efforts Survive? With the industry in tariff paralysis and policymakers rolling back regulation, sustainable fashion advocates worry the movement is running out of steam. (Christophe Stache/AFP via Getty Images) 2. Case Study | The New Rules for Getting Acquired. Securing an exit at a desirable valuation has gotten harder for start-ups in recent years. But brands with strong growth strategies and loyal followings can still attract buyers that will maintain their integrity while taking their businesses to the next level, regardless of economic conditions. 3. How to Revive a Sleeping Beauty Watch Brand. A group of investors is reviving the Danish watch company Urban Jürgensen, a 250-year-old name revered by connoisseurs but largely unknown outside that bubble. (Getty Images) 4. Is Nike Finally Winning With Women? With bold marketing, a revamped leadership team under new brand president Amy Montagne and star power from A'ja Wilson, Nike's long-promised women's push is starting to stick. (Courtesy/Courtesy) 5. Beauty's Hottest New Trend: The Founder Buyback. Original influencer Huda Kattan has regained majority ownership of her namesake beauty brand and sent a message to the greater industry: When it's time to course-correct, you need your best driver. (BoF Team) This Weekend on The BoF Podcast (Sporty & Rich) Emily Oberg grew up far away from the fashion world in Calgary, Canada. After moving to New York for a role at the media company Complex, Oberg quickly built her profile as a tastemaker in the streetwear scene. But eventually, she got the entrepreneurial itch and leveraged her experience to turn Sporty & Rich, which started as a mood board on Instagram, into a multi-million-dollar brand with a dedicated community following. On a recent trip to Los Angeles, I had the opportunity to sit down with Emily to reflect on her unconventional path into fashion, how she made strategic business choices to grow her business, and the significance of world-building in creating an aspirational lifestyle brand. To receive this email in your inbox each Saturday, sign up to The Daily Digest newsletter for agenda-setting intelligence, analysis and advice that you won't find anywhere else.

Statue honoring Lancaster's first Black business owner completed
Statue honoring Lancaster's first Black business owner completed

Yahoo

time5 hours ago

  • Yahoo

Statue honoring Lancaster's first Black business owner completed

LANCASTER, Ohio (WCMH) — There is a new statue in the city of Lancaster honoring Scipio Smith, the man who became the city's first Black business owner in the 1800s. The statue is along Main Street, not far from where Smith's tinsmith shop was located. The statue shows Smith holding an open shackle with the day he was emancipated inscribed on it. He was enslaved in Virginia before being brought to Ohio. 'That was his way of showing you can't stop me, even this chain didn't hold me down,' said Michael Johnson, a local historian and the marketing director for the Fairfield County Heritage Association. 'You can't get much more of an underdog than being born a slave and losing your leg as a child.' Johnson found a brief entry about Smith in a history book. He said he'd never seen an entry quite like it, so he dug deeper. Eventually he learned about Smith's history as a slave. Four years after Smith was freed, he founded the AME church in town, which is now Allen Chapel. Italian eatery from Columbus couple behind Chapman's, Ginger Rabbit to open Friday 'To know he was right here, to know he was responsible for this church,' said Evan Saunders, Pastor of Allen Chapel. 'You don't even know the lives he's touched but yet here 2025 we realize he's touching a whole community with that so his legacy still continues to live on.' About two years after opening the church, Smith opened a tinsmith shop in Lancaster. That made him the city's first Black business owner, according to Johnson. 'He was pretty quick to act once he got his freedom. He knew what he wanted,' Johnson said. 'Opened door for other Black business owners.' Johnson wrote about Smith's story. But he wanted to do more to honor the local legend. About two years ago he started fundraising for a statue. It's now completed, full of symbols and Smith's story. 'For me I think statues are celebrations, they are people we should be looking up to, the ideals they represent, and Scipio, you can't beat his work ethic, his faith, his tenacity, the ability to overcome unbelievable obstacles. You can't beat that story,' Johnson said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Volvo Cars unveils multi-adaptive safety belt for EX60
Volvo Cars unveils multi-adaptive safety belt for EX60

Yahoo

time7 hours ago

  • Yahoo

Volvo Cars unveils multi-adaptive safety belt for EX60

Geely-owned Volvo Cars has introduced a "world-first" multi-adaptive safety belt technology, set to debut in the fully electric Volvo EX60 in 2026. This innovative feature is designed to offer unprecedented protection by adapting to both the traffic environment and the individual characteristics of passengers, utilising real-time data from the vehicle's sensors. The multi-adaptive safety belt represents a significant advancement in automotive safety. It adjusts its settings in response to various factors, including the severity of a crash and the specific profile of the person wearing it. By considering attributes such as height, weight, body shape, and seating position, the system customises the level of restraint provided, aiming to minimise injury risks in the event of a collision. For instance, in a severe crash, a larger occupant would experience a higher belt load setting, which is crucial in reducing the likelihood of head injuries. Conversely, a smaller person in a less intense crash would benefit from a lower belt load setting, decreasing the chance of rib fractures. Moreover, the system's capacity for continuous improvement through over-the-air software updates ensures that the safety belt will evolve and enhance its protective capabilities over time. Volvo Cars Safety Centre head Åsa Haglund said: 'The world first multi-adaptive safety belt is another milestone for automotive safety and a great example of how we leverage real-time data with the ambition to help save millions of more lives. This marks a major upgrade to the modern three-point safety belt, a Volvo invention introduced in 1959, estimated to have saved over a million lives.' In another development, Volvo Cars has reported a 12% decline in global sales for May, with 59,822 vehicles sold. This decrease represents a notable change in the company's sales performance when compared to the same month in the previous year. "Volvo Cars unveils multi-adaptive safety belt for EX60" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store