$800M Project In Doubt After Officials Missed Red Flags About Developer's Finances Economic development officials in Clayton County, near Atlanta, handed a novice developer more than $550K in grants to help kick-start a futuristic, $800M mixed-use project after the developer, Jacques Roman, claimed to have $100M secured to finance the project. But a review of records surrounding the deal show Roman never had $100M to build his vision, but the county failed to vet his claims and leased him 26 acres at $10 a year for 50 years for the project, The Atlanta Journal-Constitution reports. 
Roman's firm, Roman United, proposed in 2020 a massive project in Clayton County called The Roman on land county officials were seeking to redevelop. His pitch included two 27-story condominium towers, a 25-story, 420K SF office tower, a 7,500-seat amphitheater and a 17K SF small-business incubator. Aside from the $559K for architectural…  Read the full story here. | | |
