Politics & Government

Mayor Reed to Seek Second Term

Atlanta mayor tells audience at breakfast put on by the Midtown-based Carter real estate group that he will not seek higher office in our nation's capital.

At a breakfast Thursday morning hosted by the Midtown-based investment, development and advisory firm Carter, Atlanta Mayor Kasim Reed confirmed that he would run for re-election next year and would not be seeking a higher office in Washington D.C., where he he has made numerous trips to in recent months stumping for President Barack Obama.

WABE reports that Reed told the audience of around 150 at the Atlanta History Center that, “I’m going to be Mayor of the city of Atlanta until the last minute of the last day of the last hour of my term if I’m fortunate enough to be re-elected.”

Reed was elected as Atlanta's 59th mayor in 2009 and was officially inaugurated on January 4, 2010. It appears now that he will seek a second term in 2013.

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Will you vote for Mayor Reed next year? How would rate his first term to date? Let us know in the comment section below.

Reed was interviewed at the gathering by Carter President Scott Taylor, who also revealed information of new project from the company, headquartered at 171 17th Street.

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The University of Louisiana at Lafayette (ULL) project includes the on-campus program management for the university’s new 170,000-square-foot student union. 

Following in the theme of the breakfast – "Bold New Future” – the news of the assignment comes on the heels of Carter’s successful completion of a $100 million, 1,934-bed student housing project at ULL. The project also features a structured parking deck. Work for the student union is well underway, and completion is expected by the fall of 2014.

“We are thrilled to be a part of two side-by-side projects that are transforming the University of Louisiana at Lafayette campus in such a positive way,” John Jokerst, senior vice president of Carter who is leading the project, said in a press release.

In September, Carter unveiled a new brand identity and announced it had closed on approximately $100 million in equity development deals aligned with the company’s streamlined focus. Since then, the company has strengthened its practice in key areas, including student housing, multifamily and mixed-use projects in core markets.

“This assignment really communicates the message of our bold, narrowed focus on investment, development and advisory services,” said Taylor. “We have exciting higher-education projects currently scattered across the country, and we’re delighted to continue building upon such great momentum.”

Carter’s higher education group has managed $2.5 billion in new projects and capital improvements, completing more than 70 projects on 30 separate campuses.


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