Economic Impact & Demographics
Gateway85 CID covers 14-square-miles and spans the I-85 corridor about one mile north of I-285 in Gwinnett County. Located in the district are some of the largest manufacturing, distribution and supply-side businesses in the state.
In 2021, Gateway85 CID released an economic impact study that found that it had a massive annual economic impact of $16.6 billion on the County and the state of Georgia in 2020. With property values equivalent to $1.7 billion, and its continued investment in infrastructure updates, road improvements, landscaping and security, Gateway85 CID hopes to attract even more high-tech companies and high-end manufacturing businesses as members.
There are 3,000 businesses with 47,417 jobs that produce $5.6 billion in payroll and earnings annually in Gateway85 CID – and those jobs represent 16% of all jobs in Gwinnett County. The area of influence, or the area that extends just beyond Gateway85’s boundaries, has 63,385 jobs and 4,903 businesses.
Gateway85 is one of the most diverse communities in the county, with residents hailing from South and Central America, the Caribbean, Mexico, Cuba, the Middle East, Africa and south and central Asia. As a result, the district also has a variety of cuisine that not only matches the diversity of the population but also is delicious!
Gateway85 works with local and county partners to ensure that zoning and development regulations are in place to encourage sustainable redevelopment and drive district investment. Looking for available space within Gateway85? Email Emory Morsberger at email@example.com.
Gateway85 CID is the only CID in Gwinnett County with both Federal and State Opportunity Zones that provide massive tax benefits to property owners and businesses in the district. Check out a presentation from a 2019 event on Opportunity Zones here or click here for added information. Or download the Opportunity Zone map for Gwinnett County here.
Tax Allocation District
Tax Allocation Districts (TAD) are used nationwide as an economic development incentive to attract quality development to an underutilized or distressed redevelopment area. Georgia’s Redevelopment Powers Law gives local governments the authority to sell bonds to finance infrastructure and other redevelopment costs within a specifically defined area.
There are two approved TADs within Gateway85 (one centered around the Jimmy Carter Boulevard & I-85 interchange and the other at the Indian Trail Road & I-85 interchange).
To learn more, click here.
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