Atlanta, Georgia, July 30, 2025
News Summary
Tom Cousins, a prominent figure in Atlanta’s real estate and community development sectors, has passed away at the age of 93. Over four decades, his work significantly impacted the city’s landscape, contributing to its sporting and cultural institutions. Cousins co-founded Cousins Properties, constructed landmark buildings, and was involved in community renewal efforts. His legacy includes revitalized neighborhoods, educational support, and significant contributions to Atlanta’s identity.
Atlanta, Georgia — Tom Cousins, Influential Real Estate Tycoon and Philanthropist, Dies at 93
Overview of Tom Cousins’ Life and Achievements
Tom Cousins, a prominent figure in Atlanta’s real estate development and community revitalization, passed away at the age of 93. His extensive career, spanning over four decades, profoundly shaped the landscape of Atlanta and its surrounding areas.
Early Life and Education
Humble Beginnings in Atlanta
Born on December 7, 1931, in Atlanta, Cousins grew up in a modest household. His family moved frequently due to his father’s work as an auto distributor. During his youth, he worked various jobs, such as mowing lawns and delivering newspapers, to support himself.
Academic Pursuits
He attended grade school in Decatur and Rome, graduating from Darlington School in 1948. At age 16, he enrolled at the University of Georgia, earning a finance degree in the top 10% of his class. After graduation, he served as a First Lieutenant in the U.S. Air Force.
Start and Growth of His Real Estate Career
Early Ventures
In the late 1950s, Cousins began his real estate career with Knox Homes in Thomson, Georgia, quickly establishing himself as a top salesman. He co-founded Cousins Properties in 1958 with his father, focusing on subdivisions, apartments, and shopping centers.
Major Development Milestones
By the 1960s, Cousins became Georgia’s largest home builder and took his company public in 1962. His first significant office project was the Piedmont-Cain Building, completed in Atlanta in 1965.
Urban Land Acquisition
Beginning in 1966, he purchased land in downtown Atlanta, including areas that would become The Gulch and sites for the Five Points MARTA station, demonstrating his commitment to urban development.
Contributions to Atlanta’s Sports and Architecture
Sports Franchises and Venues
Cousins’ investments extended into sports. In 1968, he bought the St. Louis Hawks for over $2 million and relocated the team to Atlanta. He also acquired an NHL expansion franchise, naming it the Flames, and was instrumental in developing The Omni, which was originally built for these teams. The building later became the CNN Center when sold to Ted Turner in 1986.
Iconic Buildings
He announced plans for the 50-story 191 Peachtree Tower in 1988 and designed the Bank of America Plaza in 1989, which stands as the tallest building in the Southeast at 1,023 feet.
Community Revitalization and Philanthropy
East Lake Neighborhood Revival
Cousins played a vital role in transforming Atlanta’s East Lake neighborhood, restoring the East Lake Golf Club and helping reduce crime rates through community-focused initiatives. His work earned praise for its positive impact on local residents.
Philanthropic Efforts and Community Support
Through his foundation, Cousins supported numerous universities—including Auburn, Emory, and Georgia State—and cultural institutions like the High Museum of Art. He served on leading boards, including the University of Georgia Foundation and the Georgia Research Alliance.
Later Years and Legacy
He served as CEO of Cousins Properties until 2002 and remained chairman until December 2006. His leadership and investments left an indelible mark on Atlanta’s urban and cultural landscape. Cousins is survived by his wife, Ann Cousins; two children, Grady Cousins and Lillian Giornelli; several grandchildren; and a child, Caroline, who died in 1999.
Background Context
Tom Cousins’ story exemplifies a trajectory from modest beginnings to a major influence in Atlanta’s development. His efforts in real estate, sports, and community revitalization have collectively shaped the city’s modern identity, leaving a legacy of both economic growth and social transformation.
Key Facts Summary
- Born: December 7, 1931, Atlanta
- Passed away: Age 93
- Founded Cousins Properties: 1958
- Major developments: Piedmont-Cain Building, 191 Peachtree Tower, Bank of America Plaza
- Ownership: St. Louis Hawks, NHL Flames
- Community work: East Lake neighborhood revitalization
- Philanthropy: Support for universities and cultural institutions
Frequently Asked Questions
Who was Tom Cousins?
Tom Cousins was a prominent Atlanta-based real estate developer, sports franchise owner, and philanthropist, known for transforming parts of Atlanta and supporting community development.
What are some of Tom Cousins’ major contributions?
His major contributions include developing iconic Atlanta landmarks like the CNN Center and Bank of America Plaza, bringing NBA and NHL teams to Atlanta, and revitalizing the East Lake neighborhood.
What philanthropic work did Tom Cousins do?
He supported various universities such as Auburn, Emory, and Georgia State, as well as cultural institutions like the High Museum of Art, and engaged in community revitalization efforts, especially in East Lake.
When did Tom Cousins pass away?
He passed away at age 93, with his death reported in late 2023.
Key Features of Tom Cousins’ Impact
| Feature | Description |
|---|---|
| Major Developments | Includes CNN Center, Bank of America Plaza, and the 191 Peachtree Tower |
| Sports Franchise Ownership | Owned the St. Louis Hawks and NHL Flames, facilitating their relocation and expansion |
| Community Revitalization | Led efforts to transform the East Lake area, reducing crime and improving living conditions |
| Philanthropy | Supported universities and cultural institutions, fostering community growth |
| Legacy | Shaped Atlanta’s urban landscape and contributed significantly to its economic and social fabric |
Deeper Dive: News & Info About This Topic
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Additional Resources
- WSBTV: Atlanta Real Estate Tycoon Tom Cousins Has Died at 93
- NBA.com: Original Hawks Owner Tom Cousins Dead at 93
- AJC: Tom Cousins, Seminal Atlanta Developer and Philanthropist Dies
- WSB Radio: Tom Cousins, Real Estate Tycoon Who Helped Shape Atlanta Skyline Dies at 93
- Global Golf Post: The Legacy of Tom Cousins
- Wikipedia: Tom Cousins
- Google Search: Tom Cousins Atlanta
- Google Scholar: Tom Cousins
- Encyclopedia Britannica: Tom Cousins
- Google News: Tom Cousins
