Bank of America Endows $1M to Centennial Olympic Park Expansion

Staff Report From Metro Atlanta CEO

Friday, November 11th, 2016

Bank of America announced a $1 million grant to help redevelop and expand Centennial Olympic Park. The bank’s Atlanta market president Wendy Stewart presented the award to representatives from the Georgia World Congress Center Authority — executive director Frank Poe and David Allman, chairman of GWCCA’s Board of Governors.

Bank of America’s support for the park’s expansion will help GWCCA realize its 2020 Vision strategic plan by funding improvements to the 21-acre site and in turn strengthening the economic health of Atlanta.

“Centennial Olympic Park is a cornerstone of Atlanta civic activity, and Bank of America has a deep legacy with the Olympics, going back to our local predecessor NationsBank,” Stewart said. “We believed in the promise the park and the Games symbolized for a flourishing city, and since then have continually invested in the communities that make up our city by supporting neighborhood revitalization, arts and culture and environmental conservation.”

Through its Vision 2020 strategic plan, GWCCA will develop projects to increase community access, attract visitors and expand programming opportunities. These projects include adding additional green space, creating a pedestrian plaza, revamping the park’s popular amphitheater, creating a bike depot in conjunction with the PATH Foundation, and opening up the Baker Street corner to neighboring attractions.

“Over the past 20 years, Centennial Olympic Park has been a place where Atlanta welcomes visitors from around the globe,” Poe said. “Through Bank of America’s generosity, we are excited that the park will continue to serve as a glorious gathering spot for years to come.”

 Through its predecessor NationsBank, Bank of America has supported the Olympic Games and its impact in the city dating back to the early nineties. As a sponsor of the Olympics in Atlanta, the company significantly invested in the Games and in bringing the event to Atlanta.

“Bank of America supports local communities through capital investments in Atlanta and in cities across the U.S.,” Stewart said. “Through our grant and by partnering with GWCCA we’re helping to create jobs, enrich the cultural fabric of Atlanta and drive investment in the surrounding communities.”