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Gadsden approves tax abatement for ‘Project Giant,’ officials say it could create hundreds to over 1,000 jobs

Gadsden City Council · March 6, 2026

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Summary

The council adopted a tax abatement for 'Project Giant' and town officials said the initiative could create between several hundred and as many as 1,400 jobs; a public announcement by developers was scheduled for Friday at the former steel-mill site.

The Gadsden City Council on March 3 voted to adopt a tax abatement agreement for a project the mayor and staff refer to as "Project Giant," a development the mayor said will bring new jobs to the city.

Mayor Craig Ford called the resolution a "great day for Gadsden," and described the project as a longtime effort by local economic-development staff. He said a public announcement would be held Friday at the former steel-mill property and thanked staff and partners for their work. "Project Giant will create as much as 1,400 jobs," the mayor said during remarks recognizing the council's vote.

Council members praised the effort; Councilwoman Menacher introduced the resolution under new business and the council adopted it after suspending rules to consider the item that day. Mayor Ford and other officials urged residents to attend the forthcoming announcement and emphasized that the project is intended to bring jobs and support local economic growth.

What happens next: The council's adoption allows the city to finalize the tax-abatement terms. Mayor and development staff said a formal developer announcement was scheduled for the coming Friday at the project site.