Cobb Real Estate, a massive real estate development in Atlanta, has gone under the knife to repair the damage done by Hurricane Matthew, according to a new report.
Cobb’s chief executive officer, Scott W. Cobb, told the Atlanta Journal-Constitution that he is “shocked and devastated” by the storm’s devastation.
Cobb’s comments come just days after the company announced that it was closing its flagship site in the heart of downtown Atlanta because of the flooding and damage.
The real estate giant said that it had to temporarily suspend construction for the next four weeks to repair a hole in the sidewalk that was caused by Hurricane Isaac last week.
The Atlanta Business Chronicle reports that Cobb was on a tour of its property during the storm when he saw an unusual flash of light and said it sounded like a “massive explosion.”
The company said that as it repaired the damage, it found “significant damage” to the sidewalk in the center of the city, which Cobb said he believes was caused not by Isaac but by Hurricane Florence.
Cobb said that while the city is “very lucky to have this structure,” the company is “still very much focused on what we can do to minimize the impact of the storm.”
Cobb told the AJC that he’s “not sure what it will be like” when the company has the funds to restore the damaged sidewalk.
The company also told the paper that the “damage was not caused by the hurricane,” but by “an old construction project.”
Cobb also told The AJC the damage is “a little different” than what he had seen on the news, but the company “will not be spending any money to repair it.”
According to the AJT, Cobb said his company is planning to make a $200,000 donation to the city of Atlanta.