The Fulton County Board of Directors has unanimously approved a bond inducement worth $538 million for Project Nexus, an innovative mixed-use development. This project aims to revitalize a struggling property and turn it into a center for economic growth and community enhancement. Located in Atlanta and East Point, the project will feature affordable housing options, essential services, and various amenities.
By combining residential and retail components, this mixed-use development is projected to generate over $60.5 million in revenue within 10 years – an impressive increase from its current contribution of only 30 times more. With an estimated overall economic impact of $4 billion, Project Nexus is expected to create around 1,300 new permanent jobs as well as provide employment opportunities for approximately 2
