Dunwoody Police Department Crime Comparision 2013

Thanks for all the great work our Police Officers continue to do  for us!  
cut and paste  the link below and you will find The PDF is DPD Crime Comparison 2012-2013 thru Nov PDF click that for an easy read of the PDF below

http://www.dunwoodyga.gov/Departments/Dunwoody-Police-Department/About-Dunwoody-PD/Crime_Comparison.aspx

93 cents from every Dunwoodian Brookrun Park 's Canopy

Structure cost $19,000  concrete cost $12,000 awning cost $4995.20 concrete/structure costs $13,956.80 
                     TOTAL $49,952.80 divided by 46,267 people in Dunwoody
                                   or 93 cent/person for the awnings in Brookrun   Please give money for the heaters it is cold over there. Helped during the summer but not winter Maybe that is why Buckhead's chastain park has no awning even though it is out in full sun. 
Has Dunwoody taken care of all their infra structure problems? Is the city council putting in playsets before repairing the plumbing?

                 

                        

dunwoody view blog: brook run canopy

Understanding the State Farm incentive paid by Dunwoody Phase 1

The following is a document for those that asked about the incentives paid by Dunwoody to entice State Farm to move their call center to the Terraces in the Perimeter Center.

Incentives approved by Sandy Springs:

·       Cox Enterprises – $1.4 million

·       Graphic Packaging – $187,000

·       Matrix Resources – $151,201

·       Americold – $8,000

·       GT Software – $6,284

Incentives approved by Dunwoody:

·       RBC 64 and 66 Perimeter Center East – $8.2 million (State Farm incentive package)

·       CHEP – $130,000

·       AFC Enterprises – $77,000
See below link for article on  Economic incentives Dunwoody vs Sandy Springs

www.reporternewspapers.net/2013/08/.../incentives-new-normal-cities/
“Dunwoody vs Sandy Springs Economic Incentives”
Incentives are the new normal for cities by Dan Whisenhunt

And for additional information on the topic see
Douglas Sams article Atlanta Business chronicle
Perimeter Center primed for rapid urbanization
http://www.bizjournals.com/atlanta/print-edition/2013/12/06/perimeter-center-primed-for-rapid.html?page=all

Just think if we had the revenue from pill hill how much we could spend  incentive wise. I wonder why Sandy Springs is spending so little??
Does any one know what is the return on our money?



8-K 1 a8k-6466perimetercenteracq.htm FORM 8-K - 64 & 66 PERIMETER CENTER ACQUISITION

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

    

FORM 8-K

    

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 28, 2012

    

WELLS CORE OFFICE INCOME REIT, INC.

(Exact name of registrant specified in its charter)

    

Maryland	000-54248	26-0500668
(State or other jurisdiction of incorporation or organi	Commission File Number)	IRS Employer     Identification No.

6200 The Corners Parkway

Norcross, Georgia 30092-3365

(Address of principal executive offices)

Registrant's telephone number, including area code: (770) 449-7800

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy 

the filing obligation of the registrant under any of the following provisions:

[ ]        Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]        Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]         Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]          Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 1.01. Entry into a Material Definitive Agreement

The information required by Item 1.01 is included in Item 2.01 below and is incorporated by reference herein.

Item 2.01. Completion of Acquisition or Disposition of Assets

    

On December 28, 2012, Wells Core Office Income REIT, Inc. (which may be referred to herein as the “Registrant,” “we,” “our” or “us”), through Wells Core REIT - 64 & 66 Perimeter Center, LLC, a wholly owned subsidiary of Wells Core Office Income Operating Partnership, L.P., our operating partnership, acquired a ground leasehold interest in two office buildings containing 583,700 square feet (collectively, the “64 & 66 Perimeter Center Buildings”) for approximately $118.5 million, exclusive of closing costs and purchase price credits of $12.7 million for rental and operating expense reimbursement abatements and $10.5 million for outstanding tenant improvement obligations. The acquisition of the 64 & 66 Perimeter Center Buildings was funded with proceeds from our $200.0 million unsecured revolving credit facility and proceeds raised from our ongoing public offering. The 64 & 66 Perimeter Center Buildings, which are located on approximately 17.4 acres of land in Atlanta, Georgia, consist of a 15-story office tower built in 1985 and an eight-story mid-rise office building built in 1971. The 64 & 66 Perimeter Center Buildings were acquired from RB 64 PCE, LLC and RB 66 PCE, LLC, both Delaware limited liability companies, which are not affiliated with us, Wells Core Office Income REIT Advisory Services, LLC (the “Advisor”), or an affiliate of the Advisor.

Fee simple title to the land upon which the 64 & 66 Perimeter Center Buildings are located is held by the Dunwoody Development Authority (the “Development Authority”), which issued Development Authority Taxable Revenue Bonds (the “Bonds”) totaling $115.0 million in connection with significant building renovations. Certain real property tax abatement benefits are available to us because the fee simple title to the property is held by the Development Authority. The Bonds will mature and the property tax abatement benefits will expire in April 2027. The amount of rent payable under the ground lease (which we owe) and the payments due on the Bonds (to which we are entitled) are approximately the same. We will acquire fee simple title upon exercise of an option to purchase contained in the ground lease. The purchase price will be approximately equal to the amount then due to us under the Bonds. We are not likely to exercise the purchase option until the tax abatement benefits expire.

The 64 & 66 Perimeter Center Buildings, which were recently renovated, are 96% leased to eight tenants and are anchored by State Farm Mutual Automobile Insurance Company (“State Farm”). Once State Farm's phased occupancy, which includes expansion into space currently occupied by existing tenants, is complete in August 2013, State Farm will lease approximately 86% of the 64 & 66 Perimeter Center Buildings. The initial phase of the State Farm lease commenced on December 1, 2012. For approximately 13 months following the commencement of the initial phase and each expansion phase of State Farm's lease, which are expected to occur in January 2013, March 2013 and July 2013, State Farm is entitled to receive a full rental abatement. State Farm provides various insurance and financial services in the United States and Canada. State Farm utilizes the 64 & 66 Perimeter Center Buildings for general office use including, but not limited to, sales and services related to financial and insurance products.

The current aggregate annual base rent of the 64 & 66 Perimeter Center Buildings is approximately $2.3 million. The current weighted-average rental rate of the 64 & 66 Perimeter Center Buildings over the terms of its leases in place for all eight tenants is approximately $14.88 per square foot. Both the current and future average rental rates reflect the impact of the State Farm rental abatement for which we received a purchase price credit. The current weighted-average remaining lease term of the 64 & 66 Perimeter Center Buildings is approximately ten years. State Farm's lease expires in December 2023, but it has the right to extend the term of its lease for three additional five-year renewal periods at 95% of the then-current market rate. State Farm also has an ongoing right of first refusal and first offer to lease additional space available in the 66 Perimeter Center Building at the then-current terms and conditions for the balance of the space leased.

Based on the current condition of the 64 & 66 Perimeter Center Buildings, we do not believe it will be necessary to make significant renovations. Our management believes that the 64 & 66 Perimeter Center Buildings are adequately insured.

2

---

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective December 31, 2012, John C. Alexander, III has resigned as a member of our board of directors. Mr. Alexander joined the board of directors in March 2011 and served as a member of the Audit Committee and the Conflicts Committee. Mr. Alexander's decision to resign was not the result of any disagreement with our company.

Item 9.01. Financial Statements and Exhibits

(a)     Financial Statements.

Since it is impracticable to provide the required financial statements for the acquired real property described above at the time of this filing, and no financial statements (audited or unaudited) are available at this time, the Registrant hereby confirms that it intends to file the required financial statements on or before March 18, 2013, by amendment to this Form 8-K.

(b)     Pro Forma Financial Information.

See Paragraph (a) above.

3

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	WELLS CORE OFFICE INCOME REIT, INC.
Dated: January 3, 2013	By		/s/ Douglas P. Williams
			Douglas P. Williams
			Executive Vice President, Secretary and Treasurer

Man revived with AED after collapse at Dunwoody gym.

Dun woodyGym, Citizens of Dunwoody, Dunwoody Police department , 

Money - Pink Floyd HD (Studio Version)

Dunwoody December 2013 City Council Lynn Deutch park comments

Dunwoody December 2013 City Council Adriane and Warren comments on Brook...

Terry Nall, Lynn Deutsch, John Heneghan, Denis Shortal, Adrian Bonser, Doug Thompson, Dunwoody view blog Dunwoody City council Dunwoody 

Progress to the Village Parkway

 The median is scheduled to be
removed this January.
Happy New Year Dunwoody!

Click on arrow

Dunwoody City Contracts

 The city has entered into contracts without being   fully aware of the terms. As Mr Shortal puts it.. add ons 

Would you buy a pool if there was no plumbing to it? I would hope not. The citizens of Dunwoody deserve better.

Why does the council continually accept such poor performance?



When the presentation was given to DHA, why were they not told this was only part of the project to complete the security in the park? 
Did no one notice that wiring was not discussed?

 Once again the citizens are out more money. The two were not negotiated together.
Why does our City Council members continually approve projects without knowing final cost. Why has the City Council failed to get a turn key project?

I am Loved

Hi I am someone's daughter.  I am 17 y.o. , 120 lbs and 5'7".
Last seen possibly getting in a dark sedan. Please call police with info 678-382-6919 

Mirah Ann Moreland last since December 19th






678-382-6919
Please call with info

I am loved 


Missing since
December 19th

pryor

This is a small clip from the city council meeting 12-9-13. The entire 4 hours can be found on the city website

The article below is a reprint from Atlanta Business Chronicle. 

http://www.bizjournals.com/atlanta/print-edition/2013/12/06/perimeter-center-primed-for-rapid.html?page=all

Dec 6, 2013, 6:00am EST

Perimeter Center primed for rapid urbanization

Douglas Sams

Commercial Real Estate Editor- Atlanta Business Chronicle

Email  | Twitter

State Farm Insurance Co. is about to spark a development boom in Dunwoody – transforming the suburban city into more of an urban center.

The biggest change is destined for a 1-mile stretch of Perimeter Center Parkway, where earlier this yearState Farm picked a site for its new metro Atlanta operations center — one of the largest corporate office projects in the region’s history.

State Farm controls 17 acres at the intersection of Perimeter Center Parkway and Hammond Drive by the Dunwoody MARTA station, land zoned for up to 2-million square feet of new development. It’s building similar employment hubs in Dallas and Phoenix.

In Dunwoody, the first building could be close to 600,000 square feet, according to people familiar with the project. But, State Farm is also going to be a catalyst for several other sites along Perimeter Center Parkway.

“We are potentially going to see a district that is closer to something like Buckhead or Midtown,” said Dunwoody Economic Development Director Michael Starling. “We are going to have to decide how we make this area more pedestrian friendly.”

Several sites are primed for new projects.

Boston-based GID Development Group has 36 acres zoned for 400,000 square feet of office, 400,000 square feet of retail, and 3,000 residential units, including apartments.

An affiliate of Crown Holdings Group wants to develop the 15-acre Gold Kist Foods site, also adjacent to the planned State Farm campus. It’s zoned for more than 1 million square feet of office, and a 500-room hotel.

Even Perimeter Mall owner General Growth Properties Inc. may eventually look at ways to develop some of its outparcels and better connect to projects planned on Perimeter Center Parkway.

The potential for rapid urbanization is going to create a true Dunwoody town center.

It’s also going to change the type of expertise the city looks for on its staff, especially planning and development positions. For example, the city needs a new community development director.

“We’re going to need someone with a lot of experience in urban development patterns,” Starling said.

Urbanization is still a relatively new concept for cities on the edge of the Perimeter, including Dunwoody and nearby Sandy Springs and Brookhaven.

In the 1970s and 1980s, the Perimeter saw the initial wave of suburban Atlanta mixed-use office developments that included Concourse Corporate Center, Galleria, and Northpark Town Center.

In the mid-’80s, projects such as One Ravinia Drive helped launch office development on Ashford-Dunwoody Road. As corporations leasing office space in the Perimeter looked for buildings with quick access to the highway, Ashford-Dunwoody remained the logical target for office development. But, other parts of the Perimeter landed newer projects.

Three Ravinia Drive was the last office tower developed in Dunwoody — in 1991.

Most thought when office development bounced back after the downturn, Ashford Dunwoody would remain the target for new towers.

Today, that target has shifted to Perimeter Center Parkway, which has the Dunwoody MARTA station.

Companies such as State Farm prove that their employees, especially Millennials, want access to transit.

Earlier this year, even before State Farm announced it would build its operations center in Dunwoody, Mayor Mike Davis met with MARTA General Manager and CEO Keith Parker, telling him sites around the Dunwoody station would become bull’s eye for new development.

“I think State Farm truly represents this shift,” said Bo Jackson, a senior managing director of the Southeast region for real estate services company Transwestern.

Perimeter Center Parkway has benefited from key transportation improvements in recent years, including the flyover bridge across Interstate 285, and the Ashford-Dunwoody Diverging Diamond Interchange. Now the leadership of the Perimeter Community Improvement District and MARTA are working on more upgrades to enhance connectivity.

The CID has a master plan that proposes a “commuter trail system” that is essentially a variety of infrastructure improvements that form an interconnected network of bicycle and pedestrian facilities to link office buildings, stores and residential projects.

“We are asking how we transition this district to something new — something the market is asking for,” Starling said. “State Farm didn’t want to be in the suburbs. It wanted to be in a dense, walkable, mixed-use environment.”

Now, Dunwoody is trying to decide how to create it.

Douglas Sams covers Commercial Real Estate

Thank you Dr. Adrian Bonser for your years of service to Dunwoody. We know that we will continue to see you around town  giving your time to our community. 

Congratulations to Doug Thompson and Denis Shortal. Thank you for your service to the city and your continue

dedication. 

Jim Riticher pictured below with Bev Wingate is the newly elected councilman representing District 2 . Tell  the councilman hello when you see him around Dunwoody. Congratulations Jim.

dunwoody view blog

Village Parkway has changed

Stop looking for the trees 

Mayor kept his word  cutting those trees

                       

Looks like We are down to one lane

                                                                      Road Diet!!!

Dec 12,2013 Patiently waiting