The Beat Report

EPA gives Jacoby green light on Atlantic Steel bridge Despite a moratorium on new Federal road development, Atlanta-based Jacoby Development Inc. has been given the green light to build an auto and bicycle bridge to connect its mixed-use Atlantic Steel project with Atlanta's bustling Midtown area. The 124-ft.-wide bridge will span I-75/85 and is slated for construction between 2000 and 2002.

Atlanta is currently under a development moratorium on road projects that require federal approval, due to the city's air pollution problems. Jacoby won EPA approval through the Project XL (eXcellence in Leadership) program, which gives companies flexibility with environmental rules if the project's end result is better air, water or land quality. The Atlantic Steel project is the first site chosen by the EPA to use the XL program, and without this exemption the bridge would not have been approved and the project could have met its demise.

The Atlantic Steel project will include 1.2 million sq. ft. of retail and entertainment space at The Block at Midtown Atlanta, developed by The Mills Corp., Arlington, Va. The center has commitments from Virgin Records Megastore, Rainforest Cafe and Bennetton.

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