The Gateway85 Gwinnett Community Improvement District is a public-private partnership funded by area property owners to promote business development and property redevelopment throughout the district. Gateway85 Gwinnett staff does this by working with local and county partners to ensure that zoning and development regulations are in place to encourage sustainable redevelopment and drive investment in our district.
We have an array of incentives we can provide for businesses looking to launch or grow in Gateway85 Gwinnett:
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There are two approved "Opportunity Zones" within the Gateway85 Gwinnett boundaries. Opportunity Zones are areas designated by the Georgia Department of Community Affairs where companies who add net new jobs to the State can qualify for a $3,500 tax credit (per job added; two job minimum, but no maximum). For more information on Opportunity Zones please click here.
Tax Allocation Districts:
There are two approved Tax Allocation Districts (TADs) within Gateway85 Gwinnett (one centered around the Jimmy Carter Boulevard & I-85 interchange and the other at the Indian Trail Road & I-85 interchange). TADs are a redevelopment incentive aimed at encouraging quality development in an underutilized or distressed area. For more information please click here.
I-85 at Jimmy Carter Blvd. Catalyst Site Redevelopment
In March of 2011 Gateway85 and Duany Plater-Zyberk & Company (DPZ) worked with OFS to review redevelopment scenarios for the one hundred seventy-five acre OFS fiber optics manufacturing facility located at 6305 Crescent Drive in Norcross, Georgia. A two-day intensive work session was held in Atlanta and input was gathered from OFS and Gateway85 about development goals and constraints for the site. Macauley+Schmit LLC provided input on the local market conditions and advised on development strategy and use mix. The deliverable results of the study include:
- An initial character sketch master plan of the selected redevelopment scenario;
- a perspective rendering of the development;
- preliminary area calculations; and
- a Preliminary Code Review.
Gateway85 Redevelopment Plan
Gateway85 organized a Steering Committee of residents, business owners, planning officials and developers to create a redevelopment plan for the two gateway corridors in the CID, Buford Highway and Jimmy Carter Boulevard. The redevelopment plan was adopted by our board on October 11th 2007 and included our consensus principles for redevelopment:
- Encourage Quality Redevelopment
- Reduce Crime
- “Incentivize” Redevelopment
- Allow Higher Density at Key Intersections
- Improve Connectivity
- Provide Variety in Transportation Options
- Preserve Healthy Neighborhoods
- Create an Open Space Network
We are currently working on ordinance language to incentivize investment and redevelopment in the area expected to be adopted by the City of Norcross and Gwinnett County in 2008. We will also be marketing the plan and these gateway corridors to regional, state and national investors.