WASHINGTON — June 2, 2010 — Hunton & Williams LLP is pleased to announce its client the City of Atlanta won the Council of Development Finance Agencies' "2010 Practitioner's Showcase Award: Nation's Best Bond Deal of 2009" for its BeltLine project. Each year, CDFA recognizes successful projects that used bond financing in a creative and innovative way for a transformational economic development project in the community.
The Atlanta Beltline project, the most ambitious undertaking the City of Atlanta has attempted since the construction of Hartsfield–Jackson International Airport, will transform the city's infrastructure and the way people live, work and play. It will provide a new 22-mile pedestrian-friendly rail system; 1,300 acres of new greenspace; 33 miles of multi-use trails; $20 billion of new economic development; 30,000 new jobs; and new and greater connectivity for more than 45 neighborhoods. The planning area covers eight percent of the city's land mass and affects twenty percent of the city's residential population.
The Hunton & Williams team representing the City of Atlanta included Douglass P. Selby and William H. McBride as bond counsel for the transaction, and Matthew J. Calvert as litigation counsel. Hunton & Williams' public finance practice has been listed in the "Red Book" of municipal bond lawyers for more than 40 years; and the firm ranks among the most active law firms in the issuance of tax-exempt securities.
About Hunton & Williams LLP
Hunton & Williams LLP provides legal services to corporations, financial institutions, governments and individuals, as well as to a broad array of other entities. Since our establishment more than a century ago, Hunton & Williams has grown to more than 900 lawyers serving clients in 100 countries from 18 offices around the world. While our practice has a strong industry focus on energy, financial services and life sciences, the depth and breadth of our experience extends to more than 100 separate practice areas, including bankruptcy and creditors rights, commercial litigation, corporate transactions and securities law, intellectual property, international and government relations, regulatory law, products liability, and privacy and information management.