What is the process to begin development in the area after the plan is approved?
Once the plan is complete it will be submitted, through the DDA, to the City Council for their evaluation and acceptance. The plan can be accepted in part or in whole but this is a decision that will be determined by the City leadership. Execution of many of the individual portions of the project will require significant private investment. The plan will propose a process by which current property owners within a land bank entity and the Newnan Central Park joint venture can determine the best course of action for individual projects. Additionally we will encourage the City to participate in certain aspects of the project that only a municipal entity can. These areas may include infrastructure improvements, public private joint ventures for educational or recreation facilities and establishment of beneficial financial mechanisms.
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