KB Advisory Group (KB) Has Earned The Distinction As A “Go-To” Firm For Tax Allocation Districts (TADs) In Georgia. 

Since our founding in 2001, KB has written numerous Redevelopment Plans, establishing more than 50 TADs throughout the state and allowing communities to attract millions in private real estate development. 

KB’s TAD Expertise: With over 20 years of experience, we have an intimate knowledge of local and regional real estate markets and hold a unique perspective on the intersection of public policy and deal structuring essential to success.  KB has helped establish over 50 TAD Redevelopment Plans for cities and counties over the past two decades, and often works directly with jurisdictions to see those plans approved by elected bodies. This experience, combined with the firm’s knowledge of and relationship with the real estate development community, allows KB to help public and private sector clients evaluate and implement ambitious tax increment financing projects. No other Georgia consulting firm has a greater depth of experience or a more successful record producing Redevelopment Plans and creating and implementing TADs. 

KB’s TAD expertise has aided numerous cities and counties obtain funding for individual redevelopment projects. Typical services include writing Redevelopment Plans and providing various implementation services. Efforts also involve developer recruitment, financial analysis of proposals, and negotiating terms of transactions. Since 2017, the following communities passed the TAD Redevelopment Plans KB wrote for them: 

Alpharetta 

Bartow County 

Brunswick 

Canton 

Columbus 

Dalton 

Douglasville 

Duluth 

East Point 

Gainesville 

Gwinnett County 

Richmond Hill 

Rome 

South Fulton 

St. Marys 

Union City 

What is a Tax Allocation District or TAD?  

Not familiar with Tax Allocation Districts? Georgia Main Street describes TADs as a “mechanism for revitalizing blighted or underutilized areas such as brownfields, declining commercial corridors, and industrial sites.” It is a process that involves designating a TAD and dedicating future taxes over and above the current tax base for a set period to cover the costs of a variety of development activities, including “infrastructure, buildings, or other improvements needed to spur new, higher density development.” 

All Redevelopment Plans conform with the Georgia Redevelopment Powers Law (O.C.G.A. Title 36 Chapter 44), which governs the creation of the state’s Tax Allocation Districts (TADs). 

For more on TADs, see this page on the Georgia Main Streets website.