Forsyth County Okays NHL Arena Plan

It’s far from a sure thing, but Forsyth County is doing all it can to attract a professional hockey team. The local government is moving forward on a plan to develop roughly 100 acres on Georgia 400 near the Fulton County line.

The Atlanta Business Chronicle reports the county will issue a $250 million bond to help finance its $350 million contribution toward an 18,500-person arena. The financing depends on the National Hockey League allowing a team to play in the Atlanta suburb. Car dealership magnate Vernon Krause is helming the plan, which is being called the Gathering at South Forsyth.

The entire mixed-use project could cost $3 billion.

At full build-out, the development could include:

• 1,800 multi-family units and 150 single-family units 
• At least two hotels consisting of 500 total rooms
• 1.6 million square feet of office and retail
• 15,000-square-foot building for fire and sheriff departments 
• Off-site practice ice rink