Tuesday, October 24, 2006

Coke to give land for rights museum | ajc.com

Coke to give land for rights museum | ajc.com: "Coke to give land for rights museum
Surprise gift: CEO pledges 2.5 acres for historic attraction that Atlanta leaders have dreamed of creating.

By Walter Woods, Leon Stafford
The Atlanta Journal-Constitution
Published on: 10/24/06

Following a tradition of landmark gestures to the city, Coca-Cola has agreed to grant a piece of land next to the Georgia Aquarium for an attraction honoring Atlanta as the cradle of the civil rights movement.

Coca-Cola Chief Executive Neville Isdell made the surprise announcement at a lunch of downtown business leaders Monday. He and Mayor Shirley Franklin struck a deal for the 2.5-acre property last week.

Coke will pass the property, estimated to be worth $8 million to $11 million, to the city either as a gift or for a minimal amount. The details have yet to be worked out."

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