As of Wednesday, April 30, 2014
© Copyright 2014
Gwinnett Daily Post
Staff Photo: John Bohn The Gwinnett Village Community Improvement District has built and maintains landscaped areas at the intersection of Interstate 85 and Jimmy Carter Boulevard, Norcross. Here, traffic enters I-85S within the Gwinnett Village Community Improvement District.
An expansion to Gwinnett’s largest community improvement district will push the value to more than $1 billion.
New businesses have signed up for the self-taxing Gwinnett Village CID, bringing the number of property owners to more than 800, a press release said.
“Having our largest expansion to date validates that the business community supports the efforts of the CID,” said Chuck Warbington, the quasi-governmental agency’s executive director. “The property owners that agreed to join this year all referenced the past work of the CID including on-going efforts to reduce crime, decrease traffic congestion and provide an overall positive business climate to thrive.”
With approval expected to come from Gwinnett County and the cities of Norcross and Peachtree Corners in the coming weeks, the expansion includes 31 new parcels worth nearly $100 million in commercial value.
The largest is the former Kraft facility at the corner of Jimmy Carter Boulevard and Best Friend Road, a press release said, adding that the property was recently purchased by Eagle Rock Distributing Company. Eagle Rock has relocated their headquarters to the location, bringing 300 jobs and $19 million in improvements.
“We are very happy to have Eagle Rock as a member of the CID family,” said Warbington. “They have brought jobs to the area, invested in improving their property and now have chosen to invest in the surrounding community. We hope to work closely with them to identify projects that can help companies like Eagle Rock flourish in the Gwinnett Village area.”
The expansion is the fifth since the CID was formed in 2006.