Midtown developments have been the biggest beneficiaries of property tax discounts put on track within the city of Atlanta since January, 2019.
Two authorities offer such incentives in the city: Invest Atlanta and the Development Authority of Fulton County.
Coverage from SaportaReport.com:
Complaints about parking deck costs, lack of finance put three Atlanta developments in line for property tax breaksSaportaReport's running list of these incentives starts in January, 2019 and was last updated December 08, 2020.
Total value over 10 years: $239,550,222
| Name or address | Abatement value over 10 years | Project Owner | Purpose | Status | Authority | Address |
|---|---|---|---|---|---|---|
| Norfolk Southern | $23,599,682 | Norfolk Southern | office | final bond resolution approved 17-Jan-2019 | Invest Atlanta | West Peachtree Street at Ponce de Leon Avenue and Third Street |
| 982 Memorial Drive | $1,982,946 | 982 URPDC Development LLC | housing, part affordable | final bond resolution approved 22-Jan-2019 | Development Authority of Fulton County | 982 Memorial Drive |
| Star Metals | $16,692,285 | Star Metals | housing, part affordable | final bond resolution approved 22-Jan-2019 | Development Authority of Fulton County | 1050 Howell Mill Road |
| 1105 West Peachtree | $16,043,768 | Selig Enterprises, LLC | hotel/office | final bond resolution approved 26-Feb-2019 | Development Authority of Fulton County | 1105 West Peachtree Sreet 30309 |
| 900 Joseph E. Lowry | $1,491,950 | Lincoln Property Company / CRP/LPC Aspire Owner LLC | housing part affordable for 20 years | final bond resolution approved 26-Feb-2019 | Development Authority of Fulton County | 900 Joseph E. Lowry Blvd NW |
| Fairfield Residential | $2,619,579 | Fairfield Residential | housing, part affordable | final bond resolution approved 26-Feb-2019 | Development Authority of Fulton County | 125 Milton Avenue |
| Fairfield Residential | $5,586,135 | Fairfield Residential Company LLC | housing, all affordable | letter of inducement approved 26-Feb-2019 | Development Authority of Fulton County | 300 block of Fair Drive and 1944 St. Johns Ave 30315 |
| Midtown Union (MetLife) | $57,563,608 | Midtown Heights, LLC - MetLife, Inc. | office, hotel, retail | final bond resolution approved 19-Nov-2019 | Development Authority of Fulton County | Block between 17th, W. Peachtree & Spring streets |
| Alta Dairies II | $2,608,732 | WP South Acquisitions | housing, part affordable | final bond resolution approved 26-Mar-2019 | Development Authority of Fulton County | 777 Memorial Drive |
| JDV Botique Hotel | $866,998 | WLKR Ponce Owner, LLC | hotel | final bond resolution approved 26-Mar-2019 | Development Authority of Fulton County | 551 Ponce De Leon Ave |
| 72 Milton Avenue SE | $3,896,102 | CRP/Pollack 72 Milton Owner, LLC | housing, part affordable | amended final bond resolution approved 3-Dec-2019 | Development Authority of Fulton County | 72 Milton Avenue SE |
| 14th and Spring | $6,626,125 | 1150 GS Green LLC/Greenstone Ventures | office, retail | final bond resolution approved 25-Jun-2019 | Development Authority of Fulton County | 1150 Spring Street |
| 400 Bishop Street | $2,277,000 | 400 Bishop Master LLC | office, retail | final bond resolution approved 22-Oct-2019 | Development Authority of Fulton County | 400 Bishop Street |
| Waldo's | $3,607,373 | RCC, LLC | office, hotel, retail | final bond resolution approved 23-Jul-2019 | Development Authority of Fulton County | 40 Boulevard / Gartell St / 39 Daniel St |
| Goat Farm | $2,787,235 | Goat Farm Development, LLC | residential some affordable; art studios | final bond resolution approved 23-Jul-2019 | Development Authority of Fulton County | 1200 Foster St |
| Marriott | $4,816,773 | FV IV-VA Atlanta Midtown LLC / Noble Hospitality Fund IV-VA Acquisitions LLC and UGP-640 Peachtree St | hotel | final bond resolution approved 23-Jul-2019 | Development Authority of Fulton County | 640 Peachtree St. |
| 667 Auburn Ave | $3,502,937 | Portman O4W LLC | hotel, f&b | final bond resolution approved 27-Aug-2019 | Development Authority of Fulton County | 667 Auburn Ave |
| 99 West Paces Ferry | $3,355,560 | JLB West Paces Ferry LLC | residential, retail | final bond resolution approved 25-Jun-2019 | Development Authority of Fulton County | 99 West Paces Ferry |
| 1454 and 1460 LaFrance St | $2,700,000 | Columbia Ventures, LLC | residential, some affordable | final bond resolution approved 20-Jun-2019 | Invest Atlanta | 1454 and 1460 LaFrance St |
| 1061 Memorial Dr | $728,219 | Camand Capital | residential, some affordable | final bond resolution approved 21-Nov-2019 | Invest Atlanta | 1061 Memorial Dr |
| 577 Englewood Ave | $1,228,992 | Domos Co-Living, LLC | residential, some affordable | letter of inducement approved 16-May-2019 | Invest Atlanta | 577 Englewood Ave |
| 100 Edgewood | $3,617,983 | 100 Edgewood Owner, LLC | office, some retail | final bond resolution approved 21-Nov-2019 | Invest Atlanta | 100 Edgewood |
| 374 East Paces Ferry | $3,809,600 | Sobu Flats, LLC | hotel, f&b | final bond resolution approved 24-Sep-2019 | Development Authority of Fulton County | 374 East Paces Ferry |
| Hartsfield East Distribution Center LLC | $683,100 | AMB Hartsfield East Distribution Center LLC | warehouse | final bond resolution approved 21-Nov-2019 | Invest Atlanta | 3705 Wilson Road |
| Vesta Adams Park | $1,099,890 | Vesta Adams Park LLC | housing, all affordable | final bond resolution approved 3-Dec-2019 | Development Authority of Fulton County | 1991 Delowe Drive |
| CODA (portion) | $5,009,400 | Data Center Atlanta, LLC | data center | final bond resolution approved 21-Nov-2019 | Invest Atlanta | 756 West Peachtree St. |
| 725 Ponce (personal property) | $705,560 | BlackRock, Inc | office equipment | final bond resolution approved 21-Nov-2019 | Invest Atlanta | 725 Ponce de Leon |
| 170 17th St. | $9,713,738 | Atlantic Yards Investors LLC | office | final bond resolution approved 3-Dec-2019 | Development Authority of Fulton County | 170 17th Streeet |
| The Interlock II | $5,498,694 | The Interlock II, LLC | grocery, office, hotel | final bond resolution approved 8-Dec-2020 | Development Authority of Fulton County | 654 Ethel St & 1042, 1058, 1090 Northside |
| Echo Street West | $10,244,610 | West Midtown Groundup Owner LLC & Residential Owner LLC (induced as West Midtown OZ Holdings, LLC) | residential, some affordable, office, retail | final bond resolution approved for each of two parts of the project 28-Jul-2020 | Development Authority of Fulton County | Donald Lee Hollwelll at Northside Drive |
| 680 Hamiton Ave. SE | $2,387,136 | CRP/TR 680 Hamilton Owner LLC (induced as TPA Residential) | residential, some affordable | final bond resolution approved 28-Jul-2020 | Development Authority of Fulton County | 680 Hamilton Ave. SE Atlanta GA |
| I-285 Exit 12 Commerce Center | $674,531 | Johnson Development Associates | industrial | letter of inducement approved 24-Mar-2020 | Development Authority of Fulton County | Donald Lee Hollowell Parkway and Fulton Industrial Boulevard |
| Eagle Environmental Construction & Development | $4,712,357 | Eagle Environmental Construction & Development LLC (Induced as 395 Whitehall, LLC and 409 Whitehall, LLC) | residential, some affordable, commercial/retail | final bond resolution approved 28-Apr-2020 | Development Authority of Fulton County | 395 and 407 Whitehall |
| 1015 Boulevard | $3,286,918 | Middle Street Partners | residential, some affordable; retail, commercial | final bond resolution approved 27-Oct-2020 | Development Authority of Fulton County | 1015 Boulevard SE |
| Steel Mill Hotel/Springhill Suites/Tapestry by Hilton | $3,767,319 | PHG - TM AS, LLC (induced as Peachtree Hotel Group) | hotel | final bond resolution approved 17-Nov-2020 | Development Authority of Fulton County | 17th Street at Atlantic Drive adjacent to 271 17th St. |
| 111 John Wesley Dobbs | $4,388,258 | JWD Holdings, LLC (induced as Reese Meyer at 111 JWD, LLC) | student housing, some affordable | final bond resolution approved 22-Sep-2020 | Development Authority of Fulton County | 111 John Wesley Dobbs Avenue |
| Towne West Manor (acquisition & renovation) | $316,998 | TWG Development LLC | all affordable housing | letter of inducement approved 16-Apr-2020 | Invest Atlanta | 330 Brownlee Road |
| Tama Glenwood | $2,562,302 | TAMA Glenwood Development LLC | housing, part affordable for 15 years | letter of inducement approved 11-Aug-2020 | Invest Atlanta | 2201 Glenwood Ave |
| Bridges at Landrum | $2,004,828 | Landrum Family Development, LP | housing, mostly affordable for at least 15 years | letter of inducement approved 17-Sep-2020 | Invest Atlanta | 2944 Landrum Drive |
| City Lights Boulevard North | $1,301,253 | Wingate Boulevard North, LLC | all affordable housing for at least 15 years | final bond resolution approved 17-Sep-2020 | Invest Atlanta | 579-495 Boulevard NE |
| Royal Fresh Cuts | $417,978 | Royal Fresh Cuts, Inc. | industrial | final bond resolution approved 27-Oct-2020 | Development Authority of Fulton County | 3600 Zip Industral Blvd |
| Crescent Communities | $3,382,882 | CC West Midtown Owner LLC induced as Crescent Communties | housing, some affordable | final bond resolution approved 8-Dec-2020 | Development Authority of Fulton County | 1330 Fairmont Ave, Atlanta |
| 1246 Allene Avenue | $2,468,381 | 1246 Allene Owner LP, induced as RangeWater Development LLC | housing, some affordable; some retail | final bond resolution approved 8-Dec-2020 | Development Authority of Fulton County | 1246 Allene Avenue |
| Coffee Cafe Bakery/ZSC Enterprises/Chunara Food 3528 Browns Mill Road | $269,374 | Coffee Cafe Bakery | food production | final bond resolution approved 19-Nov-2020 | Invest Atlanta | 3528 Browns Mill Road |
| Invesco | $842,629 | Invesco | personal property for office | letter of inducement approved 19-Nov-2020 | Invest Atlanta | 1331 Spring Street |
| 272 Ponce | $1,802,504 | 272 Ponce LLC | medical office/retail | letter of inducement approved 8-Dec-2020 | Development Authority of Fulton County | 264, 268, 282 and 294 Ponce; and 675 Penn Ave. |