The city of Marietta, Ga., in cooperation with the Marietta Development Authority and the Downtown Marietta Development Authority, offers development assistance and public investment through incentives in support of public-private partnerships developed between the city and participating developers.
The state of Georgia has announced that Marietta has been chosen for a program that will encourage new businesses to locate in the city or existing businesses to expand here. When two or more jobs are created, businesses may be eligible to receive $3,500 in employee tax credits for each new job. More
Marietta Growth Fund (Grant program)
The Marietta Growth Fund provides a helping hand that provides gap financing to qualified Marietta businesses by supplementing traditional commercial loans or other financial resources with additional funds for new business or expansion. More
On Sept. 8, 2009, the Cobb County Board of Commissioners approved a resolution designating certain areas of Cobb County and Marietta as recovery zones as provided under the American Recovery & Reinvestment Act of 2009 (ARRA) - Build America Bonds program.
Recovery zones are areas that can be designated by local governments who may have areas with significant poverty, unemployment, high rates of foreclosed homes, exhibit other signs of general distress, are located in a federal empowerment zone/renewal communities or in communities negatively impacted by a military base closure. Recovery zone facility bonds (RZFBs) are tax-exempt bonds that can be used for most private use property with some exceptions. Based on the criteria provided for establishing recovery zone areas, we have determined that there are areas of Marietta that would qualify based on significant poverty.
Recovery Zone Map
For further information, please contact Beth Sessoms, Economic Development manager, 770-794-5717 or firstname.lastname@example.org.
One-Stop Permitting and Project Acceleration
The city offers a one-stop permitting process through the cooperative arrangement between the Economic Development, Planning and Zoning, and Public Works departments, as well as the Fire Marshal and Marietta Board of Lights and Water. This one-stop approach reduces unnecessary delays and allows applicant to gain permitting of the project in an accelerated manner. A pre-permitting meeting is also available to assist project managers with scheduling project phases to coincide with the permitting process, which maximizes efficiency for the project and decreases the likelihood of delays or difficulties associated with adherence to code.
Freeport Ad Valorem Tax Exemption
The city offers a 100 percent freeport exemption on all qualifying inventories. Three categories of property qualify for the exemption: manufacturer's raw materials and goods in process; finished goods less than 12 months old held by the manufacturer; or finished goods held by distributors, wholesalers, or manufacturers destined for out of state shipment.
Ombudsman for Public Service
The city offers an ombudsman for public service for business and industry through the Office of Economic Development. The service provides a conduit whereby businesses and industry can express concerns about public services in a manner that is both productive in resolving their concerns and useful to the government in improving customer service in the future.
Marietta Development Authority
The Marietta Development Authority (MDA) offers the potential of private activity bond financing for qualifying business and industry locating or expanding in local community. This special arrangement provides for reductions in local ad valorem tax assessments and resulting property taxes that increase in benefit based upon the level of investment and the length of the leaseback program. In addition, financing industrial projects using private activity bonds may offer cost-savings and additional benefits over traditional debt instruments; especially so, should the project qualify for tax-exempt bonds.
Again, any tax savings would require the approval of the City Council and would reduce the aforementioned amount of the flexible incentive package available under the flexible incentive program by the amount of tax savings gained through this program.
MDA Web site
List your available property on our site
Just send the details of your property in PDF format to our staff and we will list your property on this site for 30 days. The property must be commercial and within the city limits of Marietta. Contact Us
Marietta Business Association
The purpose of the Marietta Business Association is to promote the commercial and economic welfare and goals of the businesses of Marietta. This inclues the general interests of the Marietta trade area and the improvement of business and operating conditions of the Marietta business district. Further, the association is formed to provide a forum for networking, information gathering and the exchange of ideas relative to business policies. More
Cobb County Chamber of Commerce
The Cobb Chamber's mission is to strengthen the economy, promote the community, build solid relationships and provide quality customer service. The Cobb Chamber has nearly 2,500 members represent large and small, domestic and international businesses. More