Alpharetta leaders have taken a significant step toward transforming the aging North Point Mall property. On Monday, the City Council approved the creation of a tax allocation district, a financing tool designed to help advance an ambitious redevelopment plan. This plan calls for roughly 2,600 housing units, nearly three million square feet of commercial space, and the potential addition of a professional hockey arena.
City officials emphasize that the tax allocation district strengthens Alpharetta’s ability to negotiate with potential investors and positions the city prominently in discussions regarding a possible NHL expansion team. According to a city councilmember, the approval is not solely about attracting a hockey team, but the district allows Alpharetta to play a leading role should the National Hockey League pursue an expansion in the region.
The next step is securing an investor to lead the revitalization of the 1990s-era mall site. City leaders envision a vibrant, mixed-use destination that will combine residential, commercial, entertainment, and recreational opportunities. Residents and buyers in Alpharetta and nearby Milton can expect a transformation that blends convenience, walkability, and modern amenities while maintaining the high quality of life for which the area is known.
This redevelopment has the potential to influence surrounding real estate markets by enhancing property values and increasing buyer interest in nearby neighborhoods. For Milton and Alpharetta residents, the project signals a future where local lifestyle and convenience intersect with long-term investment potential.
As more details emerge regarding timelines, investors, and specific components of the plan, we will continue to monitor the project and provide insights to help homeowners and buyers understand how North Point Mall’s transformation may impact the local market.
