Fulton Industrial Boulevard Receives Opportunity Zone Designation for Job Creation | Print |

The Georgia Department of Community Affairs has announced that the Fulton Industrial Boulevard corridor has received an Opportunity Zone designation. This designation allows businesses in the area to qualify for tax incentives for job creation.  Any new jobs created from January 1, 2010 through 2020 will qualify. Businesses must create a minimum of two net new jobs to receive the credit.

“This designation from the state enhances our economic opportunity along this vital corridor.  We are experiencing a rebirth and a revitalization of the Fulton Industrial Boulevard Corridor. The Opportunity Zone gives us a chance to bring more businesses to Fulton Industrial. We also want to work with existing businesses to expand job opportunities,” said Fulton County Board of Commissioners Vice-Chairman William “Bill” Edwards, who represents much of the FIB corridor.

The Fulton Industrial Boulevard Redevelopment Area is comprised of more than 4,500 acres of industrial and commercial property. At one time it was the largest industrial area in the eastern United States, but is currently experiencing underutilization.

Earlier this year, the Fulton County Board of Commissioners adopted a redevelopment framework that seeks to restore economic empowerment to the area by encouraging the redevelopment of underutilized properties, attracting new businesses to the area, and providing supportive services for residents living along the corridor.  Several capital projects are planned for the FIB corridor using funding from American Recovery and Reinvestment Act bonds.

In addition, Fulton County has recently relocated several key services to the Fulton County Government Service Center at Fulton Industrial, located at 5440 Fulton Industrial Boulevard, allowing increased presence and more convenient service to residents and businesses.  A dedication ceremony is planned for Friday, September 17 at 10 a.m.

In recent weeks, Fulton County has also taken steps to enhance right-of-way maintenance along the corridor, after entering into an agreement with the Georgia Department of Transportation.  Since assuming the responsibility , Fulton County Public Works crews have increased the frequency of maintenance and cleanup.

“Over recent weeks and months, Fulton County has invested time and resources into redevelopment of Fulton Industrial. We are committed to polishing this important jewel in our community,” said Fulton County Manager Zachary L. Williams.