Sandy Springs authority approves bond resolution to fund city parking in Hudson Center redevelopment

The Sandy Springs Development Authority voted Tuesday to authorize a bond-resolution framework that supports a private mixed‑use redevelopment at the former Hudson Center site and channels tax‑incentive payments to build 111 parking spaces the city will control for events and public use.

The vote, taken during the authority’s May 8 meeting, follows presentations from city staff and the development team about the project planned by Trammell Crow Residential with an Atlanta firm for the retail component. Chris (staff member) described the proposal as “a big win for us,” and said the development would replace surface parking the city currently uses for City Springs events.

Why it matters: the church property is now tax‑exempt. Under the structure outlined to the authority, the redevelopment will enter the county tax rolls and qualify for a 10‑year Fulton County tax incentive schedule; a portion of the tax savings will be paid back to the public authorities and used to pay for the city’s 111 spaces, street and pedestrian improvements and transaction costs. Authority staff said using the developer’s garage to replace lost surface parking will be materially cheaper per space than building a new municipal deck.

Most important facts: the redevelopment proposal covers the southwest corner of Mount Vernon Road and Sandy Springs Circle on roughly an 80.1‑acre parcel owned by Sandy Springs…