Alpharetta reviews new tax-allocation district plan focused on Northpoint Mall redevelopment

Alpharetta city staff and consultant Bleakley Advisory Group presented a draft redevelopment strategy and possible tax-allocation district (TAD) for the Northpointe area on Sept. 8, saying a new, narrower TAD focused on the mall parcels would better address declining taxable values and support future redevelopment. Gary of Bleakley Advisory Group summarized how a TAD functions under Georgia law and offered a conceptual build-out for the mall and the surrounding study area.

The presentation explained why a new TAD would differ from the 2019 plan: the nine parcels that comprise Northpointe Mall have seen their taxable value fall roughly $100 million — about a 47–50% decline since 2019 — and total property tax receipts tied to the mall are down by about $2.5 million since 2019. Bleakley recommended a more focused district of roughly 850 acres with a 2024 base tax digest near $257…