![]() ![]() Head up to the gallery for a detailed look at Edens’ plans for the mall property, as presented earlier this year. We’re excited to work with Edens, the new owner of North DeKalb Mall, to spur economic development in this district.” a restaurant at the Gallery at South DeKalb, shortly before 11:30 p.m. “We’re thrilled that approved the TAD, which fits into the goals set out by the 2050 DeKalb Unified Plan. One person was injured Friday during a shooting at Perimeter Mall, police said. when he got into an argument with a female cashier. The broader vision “is to encourage redevelopment of outdated commercial areas into modern uses for this district,” said Dorian DeBarr, Decide DeKalb development authority president, in a prepared statement. Tucker was checking out of the Big Bear Supermarket near The Gallery at South DeKalb mall in the Atlanta suburb of Decatur just after 1 p.m. In conjunction with other redevelopment projects in the TAD area, officials say the TAD could spell $806 million in new property value-nearly 20 times the current valuation. The TAD has a potential appraised redevelopment value of $625 million on the mall site, which is currently appraised at $16.2 million. The tax measure will help fund affordable housing in the central DeKalb area, alongside new parks, landscaping, lighting, and transportation and mobility enhancements, county officials said this week. The mall redevelopment might be the centerpiece, but DeKalb County’s ambitions for the Market Square TAD are bigger. Planned look of the project's residential section. Only the existing AMC movie theater would remain in place. DeKalb County leaders have been working with business boosters Decide DeKalb to craft a vision for the North DeKalb Mall area-with a reimagined mall property serving as the nucleus.Įdens, a national developer with regional headquarters in Atlanta, plans to remake the mostly vacant, 1960s mall into something resembling Avalon in the northeast section of ITP Atlanta. The shooting happened at Fletcher’s around 11:21 p.m. Governments use TADs as tax increment financing tools to help generate investment in distressed or underdeveloped areas that otherwise wouldn’t occur. (CBS46) - DeKalb County Police are asking for the public’s help in identifying and arresting a man wanted in connection to the shooting at the South DeKalb Mall that left one man dead and three others in critical condition on Friday. The TAD will also cover areas near the mall property, to include North Druid Hills Road and Lawrenceville Highway, in hopes of spurring economic development similar to what other parts of DeKalb have seen in recent years, according to county officials. DeKalb County is moving forward with a financing tool that county leaders hope will provide a jolt of economic development while helping to resuscitate a moribund mall property.ĭeKalb’s Board of Commissioners this week unanimously approved the Market Square Tax Allocation District, or TAD, for North DeKalb Mall's planned redevelopment. ![]()
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