07 Sep TADs in Gwinnett County
Location: Gwinnett County, GA
Client: Gwinnett County and Private Developers
Timeframe: 2010 through 2021
TADs in Gwinnett County: Information about KB’s Planning and TAD Advisory Services for Gwinnett County, GA
Gwinnett County first retained KB Advisory Group in 2010 and later in 2012 to establish five TADs within the County’s unincorporated community improvement districts (CIDs). Then even later, the County had KB dissolve and recertify the five TADs. That last TAD task was following the 2009 Recession.
MORE RECENT GWINNETT TAD EFFORTS
In late 2019 Fuqua Development requested Gwinnett County approve the sixth TAD to incentivize a significant development project near the Mall of Georgia. KB drafted the redevelopment plan for TAD #6 and assisted in obtaining consent from the Board of Education. KB also worked with the County and the developer to prepare terms of a development agreement to leverage the project’s future tax increment through a bond issue.
Bonds to support the development were closed in 2020, and the large-scale project, known as The Exchange at Gwinnett, opened its first phase in 2021.
KB’s Key Gwinnett County TAD-Related Accomplishments:
- KB identified TAD boundaries to support a new regionally serving mixed-use development
- KB wrote the TAD Redevelopment Plan for Gwinnett County
- KB worked with the County to obtain plan adoption and School Board adoption.