Ft McPherson Sale to Filmmaker to Close Shortly

first_imgThe LRA for the former Fort McPherson is expected to close on the sale of 330 acres, about two-thirds of the 475-acre post located on the southwest edge of Atlanta, to filmmaker Tyler Perry for $30 million by the end of the month, reported the Wall Street Journal.The McPherson Implementing Local Redevelopment Authority plans to acquire the installation from the Army for $26 million. The property has been appraised for as much as $75 million.Perry, best known as the creator of the “Madea” film franchise, would purchase the property for $30 million to build up to 16 sound stages for a movie and television production complex. The redevelopment authority will retain more than 144 acres that it intends to remake into a mix of shops, offices, apartments and open space.Some local residents and lawmakers have opposed the deal since the city of Atlanta announced it a year ago. Critics point to the reuse plan crafted by the community — which called for a bioscience campus and a mix of housing and retail — as a superior alternative because it would have more successfully connected the former post to the surrounding neighborhood.Atlanta Mayor Kasim Reed defended the sale to Perry, noting that the filmmaker was the first organization to make a serious offer for the property.“We have been working at securing a major tenant for Fort McPherson for seven years, and we have not had an offer from another currently operating business entity,” Reed said. “Tyler Perry Studios is certainly the most successful business to express interest in the base.”The sale will provide some cash for the redevelopment authority and allow it to retain a large parcel for redevelopment. If the LRA opted to purchase the property from the Army and act as its master developer, it would have been forced to assume millions of dollars in debt and upkeep costs for the property, he said.“The reality right now is that this plan for film studios and [related] retail is the best chance to start the redevelopment and to catalyze other redevelopment in the surrounding area,” Brian Hooker, the LRA’s executive director, told the Journal. Dan Cohen AUTHORlast_img read more

Virtual reality game Beat Saber reaches licensing deal with Imagine Dragons

first_img Oculus Virtual Reality Review • Oculus Quest is amazing, even months later Gaming Culture Tags The 10-track Imagine Dragons Music Pack will be available across major platforms like Oculus Quest and Rift.  Beat Saber Imagine Dragons fans and VR gaming nerds could soon be attending the same parties.Beat Saber, an award-winning virtual reality game, will get an Imagine Dragons music pack, Beat Games said Monday. The fast-paced music rhythm game is currently available on major VR platforms, such as Facebook’s Oculus Quest and Rift devices.The announcement of the expansion pack comes as the Electronic Entertainment Expo, or E3, gets underway in Los Angeles. The conference is the video game industry’s biggest event of the year, with updates on major game franchises and consoles. Oculus will demonstrate a new 360-degree level that features the Imagine Dragon’s hit “Believer.” A 360-degree level allows the user to look in all directions of their simulated environment as they would in real life. The 10-track music pack includes songs from the Grammy-winning band’s Night Visions, Smoke + Mirrors, Evolve and Origins albums. The addition of Imagine Dragons songs marks the first time major labels have partnered on an expansion pack for the VR game. Imagine Dragons is on the KIDinaKORNER and Interscope Records labels. Players can buy songs individually for $1.99 apiece or purchase the entire package for $12.99. The pack, which goes on sale Monday at 9:15 a.m. PT, will be available on all major VR platforms.  CNET may get a commission from retail offers. In the game, players wear VR controllers and slash beats that zoom towards them. A VR headset uses two small lenses to focus images for players and immerse them in the game experience. Players slash red blocks with their left hands and blue ones with their right hands. The game uses music and visual effects to build excitement and has been compared to the VR versions of Guitar Hero or Just Dance. $398 News • Oculus Quest may have its first killer app with Beat Saber See it 0 Oculus Quest Post a comment Mentioned Above Oculus Quest Share your voicelast_img read more

Bank official killed in road crash

Bank official killed in road crash

first_imgA senior bank official was killed and two others injured as a speeding bus hit a CNG-run auto-rickshaw carrying them at Dewanhat area under Double Mooring police station in the port city of Chattogram on Wednesday morning, reports UNB.The deceased is Anwarul Azim, 56, assistant vice-president of Islami Bank Khatunganj branch and a resident of Haitkandi area in Mirsharai upazila.The accident took place when Anwarul along with one of his colleague was going to his office around 10am, said sub-inspector Alauddin Talukdar of Chittagong Medical College Hospital (CMCH) police outpost quoting family members.The bus hit the auto-rickshaw while crossing the Dewanhat flyover, leaving them critically injured.Physicians declared Anwarul dead at noon when he was taken to CMCH while his colleague Shaidul Islam, 45, and CNG driver Jahir Uddin,40, are undergoing treatment at the hospital, the SI added.last_img read more