The Kennesaw City Council adopted on Nov. 5 the Cherokee Street Corridor Urban Redevelopment Plan to help redevelop and revitalize this underdeveloped part of the city.
The result is to support the proposed Kennesaw Opportunity Zone and possible additional future Opportunity Zone applications, according to the resolution.
This Urban Redevelopment Plan is intended to address areas in need of redevelopment and revitalization due to disinvestment and high rates of vacancy.
Kennesaw’s goal in creating this plan is to add the incentive of the Opportunity Zone program to other incentives and economic development tools available “to foster the redevelopment and revitalization of these vital but underdeveloped parts of the city.”
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