The city of Atlanta — more specifically, the Downtown Development Authority — officially purchased Underground Atlanta on Monday, paying $8.8 million to buy out the remainder of the 88-year lease from Underground Festival/CV Underground. Underground, which has long struggled (and that's putting it nicely) to draw patrons and become the shopping and entertainment hub it was designed to be, will be marketed to developers. So, the big question... Now what, Atlanta? [Atlanta Business Chronicle]
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