The Center City South Renaissance Tax Allocation District was established in 2003 to support redevelopment of two public housing sites near Downtown Marietta into sustainable mixed use communities. The CCSR TAD was expanded in 2004 to make possible the redevelopment of Frasier Street Apartments and to support efforts to revitalize residential areas adjacent to Downtown Marietta. The TAD seeks to capitalize on the opportunity to redevelop areas within walking distance of Marietta Square and the Hilton Atlanta/Marietta Hotel & Conference Center and further develop connections between Downtown and adjoining neighborhoods by improving community linkages through streetscapes and trails.

PURPOSE AND OBJECTIVE
The CCSR TAD is essential in ensuring that the City of Marietta maintains its historical position as the central location in Cobb County to enjoy arts, entertainment, history, dining and shopping by creating the residential base to support and expand a vibrant downtown activity center. Within the TAD new housing units, ranging from single family to condominium flats, are under construction and will attract the critical mass of permanent residents needed to support new and existing businesses. New retail shops and restaurants will complement existing businesses and offer new and expanded services to in-town residents.

• Supporting development of new single-family homes, townhomes, residential condominiums and office space.
• Supported by new and future property assessment values from approximately; $55 million in completed development; $20 million in current building construction, and an additional $100 million in approved future project implementation.

• The CCSR TAD’s value increased by 12 percent from 2007 to 2008 and has grown by more than 57 percent since the district was certified in 200
• CCSR TAD projects currently contributing increases based on 2008 assessments include Manget, Meeting Park, Hunter Walk, Marietta Mill Lofts and Village at Frasier Park. 

REDEVELOPMENT OPPORTUNITIES & RESOURCES
While six major redevelopment projects are either completed or under construction and developers are pursuing smaller investments around project sites, there is still more than 200 acres of land in the TAD with redevelopment potential. Additional redevelopment projects within the 244-acre district may include commercial and mixed used development of substandard residential and underutilized commercial property.

For more information on redevelopment opportunities within the CCSR TAD contact MRC staff.

• CCSR Redevelopment Plan
• CCSR Overview Map
• CCSR Zoning Map
• CCSR Future Land Use Map
• CCSR Ward Map

ON THE HORIZON
The City is currently preparing to implement over $2 million dollars of quality-of-life neighborhood infrastructure investments including pedestrian oriented streetscapes and park renovations, financed through a 2005 $8.4 million TAD bond, to help to create sustainable neighborhoods. Through the development of linkages, infrastructure, and infill construction this TAD encourages and supports new and existing businesses, new and renovated housing, and the support services that will help build a sustainable community. Funding approximately $1.7 million investment in quality-of-life infrastructure in the Roswell Street Renaissance District and Henry Memorial Park renovation.

STREETSCAPES
»N. Fairground Street (N. Marietta Parkway to S. Marietta Parkway)
»Roswell Street (Olive Street to Fairground Street)
»Roswell Street Streetscapes

Center City South Renaissance TAD		Franklin/Gateway TAD		Center City Perimeter TAD