The Sandy Springs City Council Tuesday night approved incentives for Mercedes-Benz, which will relocate its corporate headquarters to Sandy Springs from New Jersey.
The council approved on a 6-0 vote a million-dollar package of waived business taxes and building permit fees for the carmaker. In a separate move, the council OK’d allocating $1,027,000 in impact fees being paid by developer Ashton Woods toward road and infrastructure improvements at the site.
Mercedes had asked for a $1.9 million reimbursement.
The Ashton Woods residential and retail development will in effect anchor the automaker’s corporate headquarters, in an area south of Abernathy Road And near Ga. 400. The $93 million complex is set for a 2017 opening.