February 26, 2015
Ackerman & Co. and other Clayton County Property Owners Forming Airport South CID
Atlanta, February 26, 2015 – A new Community Improvement District (CID) south of the Airport will soon join Metro Atlanta’s 20 existing CIDs. OA Development and Ackerman & Co., both with ownership interests in the proposed area, are spearheading the effort to establish a CID. Nickel Works Consulting, lead by Nicole McGhee Hall, is guiding area property owners through the process of becoming certified as a CID.
The proposed Airport South CID is located in the northwest portion of Clayton County and borders the Hartsfield-Jackson Atlanta International Airport. The coalition of property owners is collaborating with Clayton County, the Development Authority of Clayton County and the City of College Park. On February 16, the College Park City Council unanimously approved a $50,000 request for funds for the formation of the Airport South CID.
“We are appreciative of the leadership that Councilman Tracey Wyatt has demonstrated, and we are grateful for the support of his Council colleagues and College Park Mayor Jack Longino,” said Steve Berman, Founder of OA Development. “We are pleased to be working together to realize the first CID in Clayton County and the second in the Atlanta Aerotropolis area.”
The first CID in the Aerotropolis planning area is the Airport West CID. The Airport South CID aims to create a sense of place through beautification, signage, and infrastructure projects. It will also bolster public safety, and implement transportation improvements and alternatives to enhance mobility in the area.
“The proposed Airport South CID will work collaboratively with the Airport West CID to implement a shared vision and bring much needed improvements to the airport area,” said Hall. “Together the CIDs offer the opportunity for property owners, governments and businesses to work toward the Atlanta Aerotropolis Alliance’s vision for the Southern Crescent area.”
Nickel Works is conducting outreach and expects jurisdictional approval and the election of a board of directors’ — the final steps in the CID certification process —to be complete this summer.
– About Ackerman & Co. –
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing best-in-class investment, brokerage, management and development services since 1967. To date, the company has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.
For more information on Ackerman & Co., visit www.ackermanco.com
– About OA Development –
OA Development specializes in buying and developing thriving commercial properties, including office buildings, industrial warehouses and flex properties. The company is delivering conservative, solid results for investors during the new economy. http://www.OADevelopment.com
– About Nickel Works Consulting –
Nickel Works Consulting, LLC is a woman-owned firm, led by Nicole McGhee Hall, CPSM. The firm specializes in Business / Client Development, Community Engagement and Government Relations. The company has developed a niche with Community Improvement Districts (CIDs). The firm has provided formation, expansion and administration services for multiple CIDs in the metro Atlanta region. http://www.NickelWorks.net
– About CIDs –
A CID is a self-taxing district that has full authority over funds from additional property tax dollars to improve the area within the boundary of the CID with beautification, infrastructure, and public safety projects. CIDs are funded by private, non-exempt commercial properties with specific land use classes. CIDs throughout Georgia and the metro Atlanta area have repeatedly proven to be a successful economic development tool for stimulating revitalization, business growth and retention, and job creation.