CIM Group Plans Billion-Dollar Mixed-Use Project

[  Atlanta, Georgia USA  ]

The major project includes a $200 million renovation of Philips Arena in the south downtown area of Atlanta.   Philips Arena is home to the Atlanta Hawks (NBA) and Atlanta Dream (WNBA).

According to the firm’s website, CIM Group is a premier full service urban real estate and infrastructure fund manager with approximately USD $19.7 billion of assets under management.   The company was established in 1994, and is headquarters in Los Angeles.