https://www.bizjournals.com/atlanta/...om-invest.html
Colony Square will receive $7.6 million in tax abatements over 10 years while the project will generate $29 million in taxes over the same period. The makeover will include a food hall, eight-screen movie theater, and a fitness center.
In typical Mayor Reed fashion, he hints that there are other significant projects in the works nearby that he can't discuss while negotiations are ongoing.
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"You will soon see other businesses attracted to that corridor that will make this $7.6 million look like a rounding error." Reed said.
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