Sembler Request for Brookhaven Tax Break “Effectively Dead”
Decatur Metro | August 8, 2009The Brookhaven Reporter reports that DeKalb County Commissioner Jeff Rader called Sembler’s request for a 20-year, $52 million tax abatement of its Town Brookhaven project “effectively dead” at a July 15th meeting.
So what happens now? Rader predicts that Sembler “should be breaking ground very soon on the rest of their project to the degree that the market will support it. I think we are going to see that fully redeveloped, because that is an attractive place for people to be.”
h/t: Clairmont Heights Civic Association
About time Sembler. Last I heard the initial phase 1 of this will be completed by the end of this year with Temporary Landscaping in place to hide the enormous hole in the earth left behind for the rest of the project. Here’s my question – with so much uncertainty in the market and many companies supposedly “signed on” for this project, which ones are still on board to be opening with Phase 1? Does anyone know which of these will still be on board with the TOWN project? i.e. Publix, LA Fitness, Cobb Movies, Atkins Park, San Fran Coffee, etc…???