As of Friday, May 3, 2013
© Copyright 2013
Gwinnett Daily Post
BUFORD — Businesses are banding together in Buford, in an attempt to spur economic development at Lake Lanier.
Last month, Hall County Commissioners approved the formation of the Lanier Islands Parkway Community Improvement District, after a majority of commercial and industrial property owners agreed to the self-taxing district.
“All boats rise on a high tide,” Mack Burgess, who is the director of the CID campaign, said of the message he took to owners. “If we agree as property owners to invest ... we’ll be able to raise property values.”
The campaign was launched with seed money from Lake Lanier Islands, the Northeast Georgia Hospital Association, Singleton Marine Group and Marine Max.
The 5-mill tax will affect about 120 property owners along a 6-mile stretch of Lanier Islands Parkway, which was recently renamed from Friendship Road, from the Islands to Hog Mountain Road. Residential and agricultural property owners will not have to pay.
Many of the businesses, Burgess said, are centered on the lake, but the district also includes several industrial properties, restaurants and other shops.
Leaders hope to “allow south Hall County to reach its full economic potential,” Burgess said. “Our goal is to make Lanier Islands Parkway the premiere economic destination in the state.”
Information can be found at lanierislandsparkwaycid.com.