EAST METRO DEKALB COMMUNITY IMPROVEMENT DISTRICT (CID) OFFICIALLY FORMED
DECATUR, GA – The DeKalb County Board of Commissioners unanimously passed a resolution to form the East Metro DeKalb Community Improvement District (CID) on Tuesday, May 13, 2014, which marks a historical day in DeKalb County and within the Community Improvement District realm.
The East Metro DeKalb CID is the first CID to be formed in a majority minority community within the Metro Atlanta region and the first located south of I-20 in a predominately non-industrial area.
“This CID will change the South DeKalb region in a dynamic way. The CID concept is a proven economic development tool that will garner success and positive attention in this corridor. As a resident of DeKalb County, I am truly excited about the possibilities of this collaborative effort to improve our community. ” said Doreen Carter, chair of the East Metro DeKalb CID formation committee and president of the Greater Lithonia Chamber of Commerce.
The East Metro DeKalb CID encompasses 203 South DeKalb property owners representing over 400 parcels of commercial and industrial property valued at over $146 million. The footprint of the CID spans from Gresham Road on the west, Covington Highway on the north, Turner Hill on the east, and Flat Shoals Parkway on the south.
“CID’s are the most innovative method for business owners to take control of their future by leveraging their resources collaboratively. We have been working for this outcome for a long time. I am ecstatic about the East Metro DeKalb CID and economic progress they will introduce to this area. ” said Interim DeKalb County CEO Lee May.
Efforts to form the East Metro DeKalb CID began during the later portion of 2013 and culminated in May 2014. The CID was formed out of the efforts of a formation committee comprised of South DeKalb commercial property owners and community leaders.
The East Metro DeKalb CID will serve as a powerful public-private partnership that will help bolster economic development, increase property value, revive business, create jobs, and enhance the overall quality of life in Southeastern DeKalb. It will also serve as a tool to leverage matching dollars from local, state and federal government agencies to support projects ranging from public safety, beautification and transportation expansion.
This is a positive step for the South DeKalb Region. Once I heard about the CID concept I knew this was the tool the area needed to foster economic development and growth” said Van Jakes, McDonald’s Multiple Store Operator.
For more information regarding the East Metro DeKalb CID call (404) 684-7031 or visit www.eastmetrocid.com.