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Boston developer’s request for $25M tax break denied
Updated Jan 26, 2021;
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This article was first by The Business Journals.
City officials in Dunwoody, Georgia, a suburb of Atlanta, have denied a request for over $25 million in property-tax breaks sought by a Boston-based developer proposing hundreds of apartments, offices, stores and restaurants next to the city’s transit station.
GID Development Group will instead receive about $19 million to support its project, known as High Street. As part of the agreement offered by the city’s development authority, GID would start construction on the first phase by the end of the year.