Alpharetta city leaders are preparing to vote Monday evening on creating a tax allocation district that would help advance one of the nation’s largest mall redevelopment projects at the North Point Mall site.
The move would mark a significant step toward reimagining more than 90 acres of what consultants describe as highly valuable real estate. One consultant who studied the area said, “This is like as big as it gets in terms of potential.”
A recent study outlines what the property could eventually support: approximately 2,600 housing units and nearly 3 million square feet of commercial space, including retail, hotels, and office space, a scale that could generate hundreds of millions of dollars in new tax revenue…