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Cobb County Government
Office of Economic Development


Michael Hughes, AICP
Director

100 Cherokee Street
Suite 450
Marietta, GA 30090
(770) 528-2607
(770) 528-2636 fax


Office Hours:
8 a.m. - 5 p.m.
Monday through Friday

Office of Economic Development
Enterprise Zones

Atlanta Road Canton Road Six Flags Road Veterans Memorial


    Overview Map
   File size: 100kb

Purpose of Enterprise Zones
Who qualifies
Incentives
How to apply
FAQs
Maps


An Enterprise Zone is an area designated by a local government as ready for development or redevelopment. Qualifying businesses locating or expanding within the Zone are eligible for certain tax incentives and other economic development incentives for job creation and capital investment in the community.

One of the Zone areas established in Cobb County extends from the County line (at the Chattahoochee River) to incorporate Veterans Memorial Highway and Mableton Parkway. This Zone also extends along Factory Shoals Road to encompass portions of Six Flags Drive to Lee Industrial Drive taking in a portion of the area below I-20 to the Douglas County line. Other Zones have also been established along Canton Road and Atlanta Road.
  • First Enterprise Zone established in the State of Georgia under HB 663


  • Established in Cobb County in February of 1998


  • These Zones have generated approximately $57 million investment in the County and resulted in the creation of approximately 475 new jobs with a payroll approaching $20 million
The following is a brief summary of the companies who have applied and been granted Enterprise Zone incentives:
  • Vieler International, small German manufacturing company, new 12,000 square foot facility
  • Yancey Brothers, large wholesaler of earth moving equipment with corporate headquarters in Cobb County, building two 25,000 square foot facilities


  • Twinstar Properties, Inc., a joint venture that will result in the construction of two 10,000 square foot buildings, approximately 5,000 square feet to be occupied by General Glass Company, the remaining space will be leased to other businesses


  • Kyla, Inc. and Three Lees, LLC is a contract mail carrier for the U. S. Postal Service, currently has 120 employees, and will create an additional 50 new full-time jobs with anticipated payroll of approximately $1.5 million


  • Deli Provision Company, Inc. and Epperson Investment Company, a joint venture, will result in the construction of a 54,600 square foot facility owned by Epperson Investment Company. Approximately 16,000 square feet of space will be leased to Deli Provision Company, Inc., with the remaining 38,600 leased to future tenants


  • Atlanta Records Management, which provides record management services, currently has 17 employees and projects sales of approximately $2 million for 2001.
Purpose of Enterprise Zones

Enterprise Zones are established to:
  • Stimulate economic activity within a specific geographic area with the potential for growth
  • Encourage existing companies to expand and create new jobs
  • Provide for local input in direction of growth of the community
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Who qualifies:
  • Companies creating new jobs or bringing significant investment to the area
  • Emphasis placed on redevelopment, locating in abandoned buildings or assembling tracts of land for development
  • Manufacturing, distribution, land development, and industrial building
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Incentives
  • 10-year graduated tax abatement of County ad valorem tax only, no school tax abatement
  • Caps on building permit and business license permit fees
  • Assistance with other State incentives such as free training, job creation tax credits, and development authority financing
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How to apply:
  • Download an Enterprise Zone Application or call the Office of Economic Development at 770-528-2607 for an application and/or
  • Meet with Economic Development Director
  • Application is reviewed by the Business Incentives Review Committee (BIRC) and if approved, passed on to the Board of Commissioners for a final decision.
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Frequently asked questions:

How long does the incentive last?
Once approved for an incentive, it lasts the full ten years, even if the area no longer qualifies as an Enterprise Zone.

Will this affect any residential areas or property values in residential areas?
Development within the Enterprise Zone must follow the approved Comprehensive Land Use Plan; any rezoning must go before the Planning Commission and the Board of Commissioners, same as any other project.

The effect the Zone is intended to have on residential areas is positive. If employment base and commercial areas of the Zone improve, property values should be positively affected.

How long does it take to be approved for an incentive?
We have set a goal of one month for complete review and notification of the company.

If there is a question about Zone boundaries or other policies and procedures, call the Office of Economic Development at 770-528-2607.

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