The Georgia Department of Transportation announced Monday that it selected a development team that includes Atlanta-based Cousins Properties Inc. and Cleveland-based Forest City Enterprises Inc. to negotiate a contract to become the master developer of a multi-modal passenger terminal in downtown Atlanta.

Cousins and Forest City are publicly traded real estate companies that have partnered with other firms to form a consortium for the public-private partnership concession. GDOT’s selection must still be approved by the state Transportation Board.

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