Forsyth County leaders formalized negotiations Wednesday that could lead to taxpayers providing nearly $400 million in subsidies to the developer of $2-plus billion hockey arena and mixed-use development, with the caveat that the project lands an NHL expansion franchise.
The county’s board of commissioners voted 4-1 to enter into a non-binding memorandum of understanding with the development team behind The Gathering at South Forsyth, one of metro Atlanta’s largest potential projects. It would also mark yet another request for substantial taxpayer support for a stadium or arena deal in metro Atlanta, following Mercedes-Benz Stadium, Truist Park and the recent renovations to State Farm Arena.
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