CIM Group wants to build apartments, office buildings, hotels and retail in the Gulch. It's one of several large, mixed-use developments in the works throughout metro Atlanta. In Doraville, a project called Assembly is underway at the former General Motors plant. And, on the Westside, the Quarry Yards is planned.
However, Redlight the Gulch challenges the legality of using future property taxes and sales taxes to finance the redevelopment, describing it as a giveaway to a private company without sufficient public benefit.
A hearing on one of the earlier bond validations that Redlight the Gulch has appealed is scheduled for Feb. 13 before the Georgia Supreme Court.