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The Stadium Neighborhoods Tax Allocation District was created in late 2006 and its basic purpose is to create a major financial incentive that would support the creation of an effective public-private partnership to facilitate the resurgence and redevelopment of the area closest to I-75 and Turner Field by encouraging substantial new development. The TAD would establish the framework for new redevelopment opportunities and investment including portions of the Summerhill and Mechanicsville neighborhoods and provide an important economic incentive to enhance the market competitiveness of the greater Stadium Neighborhoods area.
The TAD incentives will allow this key area just south of the Central Business District to compete aggressively for new development opportunities that might otherwise locate outside of the City. The TAD area consists of approximately 391 acres with 671 individual parcels located in the areas around Turner Field.
Applications are not currently being accepted for Stadium Neighborhoods TAD financing. The funding application will be posted prior to the application period. For more information on the application and approval process, please review the Program Description.
Program Description
The Stadium Neighborhoods TAD Redevelopment Plan
Mechanicsville Neighborhood Tour of Homes
Atlanta Emerging Markets Website
For more information about Tax Allocation Districts: please contact Tyrone Rachal (trachal@atlantada.com) at 404-614-8339
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