Fulton County and Alpharetta approve agreement for proposed NHL arena

Alpharetta and Fulton County are working on financial safeguards as the North Fulton city pursues a new NHL franchise.  Fulton County will participate in Alpharetta s tax allocation district supporting the proposed redevelopment of the nearly 100-acre North Point Mall site, which would include an NHL arena. The county’s commitment to the nearly $3 billion project is contingent on Alpharetta securing the new professional team. Fulton County commissioners voted unanimously Wednesday approving an intergovernmental agreement for the Alpharetta TAD. The county is committing up to $192.4 million in future property tax revenue to support the redevelopment project. The county s role in the project is contingent on Alpharetta securing an NHL franchise. Alpharetta is competing with Forsyth County, where a similar project, The Gathering at South Forsyth, is planned. Houston and Austin, Texas, and Phoenix, Arizona, are also reported as potential NHL expansion markets. In national conv