BUSINESS BRIEFS

The Boston Consulting Group (BCG), a global management and consulting firm, will create more than 200 jobs and invest $9.2 million in a new regional support center in Atlanta. The new jobs will include highly skilled positions in creative visual services, finance, client and business support, legal and information technology and other areas. BCG expects to create more than 500 jobs over the next 10 years with this new facility, according to a media statement. The new support center, which is to be located in a building yet-to-be-named in Downtown Atlanta, will consolidate and expand operational functions in support of BCG’s North American and global businesses. The Atlanta Business Chronicle reported the center could land at the Equitable Building.

The Woodruff Arts Center has announced that Doug Shipman has been named President and Chief Executive Officer, effective July 18. Shipman was the founding CEO for the National Center for Civil and Human Rights. He succeeds Virginia Hepner, who is retiring from the position after five very successful years leading the Midtown arts center, home to the Alliance Theatre, the Atlanta Symphony Orchestra and the High Museum of Art. and The Painted Duck plan to open later this summer. Stockyards occupies three acres on the corner of 10th Street and Brady Avenue in West Midtown, Atlanta. The tract is one of the last remaining pieces of Atlanta’s historic industrial core. Stockyards, a joint venture between Federal Capital Partners and Westbridge, is adapting three historic warehouses into a 142,500 square-foot mixeduse project. The development is now 75 percent pre-leased ahead of the completion of phase one, which will be delivered later this summer. appointed Robert B. Aland as Atlanta Market President. Aland most recently served as Birmingham Market President for National Bank of Commerce, and takes the helm at Private Bank of Buckhead from Charles B. (Charlie) Crawford, Jr., who is departing to take on the task of helping a Philadelphia community bank recapitalize and grow.

The Stockyards development in West Midtown has landed a 19,000 square-foot lease with New York-based co-working provider, Industrious. The co-working company joins Fitzgerald and Co. and Momentum Worldwide, both owned by InterPublic Group; Mannington Mills Inc., and Donetto, a new restaurant concept from The Indigo Road. The Painted Duck, a sister concept to the Painted Pin in Buckhead, signed a 24,500 square foot lease. Both Donetto

The Ellis Hotel in Downtown has completed a $2 million renovation project. Along with updates to the 127 guest rooms, the boutique hotel also refreshed the patio for the Terrace Bistro, added a new fitness center, redesigned lobby and new awnings on the Peachtree and Ellis Street sides of the historic building.

Shipt, a new grocery delivery company that recently raised $40 million in funding, has expanded to Atlanta. Shipt will deliver grocery and household items from local Publix and Kroger supermarkets directly to your kitchen counter. For more information, visit shipt.com/atlanta.

Private Bank of Buckhead has

Kroger’s Atlanta Division donated $5,000 in gift cards to Lost-N-Found Youth, the nonprofit that provides shelter, food, services and helps young adults find permanent housing. The donation was made in observance of Pride Month in June.

Stackfolio, one of the ventures at TechSquare Labs in Midtown, was selected as the Judges’ Choice at Google’s Demo Day, a pitch event featuring startups from Canada, Mexico and the U.S. Stackfolio is an online marketplace for loan trading, powered by a data research platform. In just over six months, more than 450 banks have signed up for the marketplace and platform. As part of Stackfolio’s winnings from Demo Day, Tech Square Ventures’ Allen Nance has committed an additional $150,000 in funding to the company, and entrepreneur Steve Case has also committed to fund 20 percent Stackfolio’s upcoming Seed Round.