Perimeter Community Improvement District Executive Director Ann Hanlon said during the Sandy Springs Conservancy Thought Leaders Dinner on Sept. 17 that taxes that commercial property owners pay fund trails that boost economic development and increase their property values.

The Perimeter CID has initiated public-private partnerships since its founding in 1999. Hanlon said it initially funded big infrastructure projects such as roads. Since COVID, the Perimeter CID board members have become interested in trail projects, investing millions of dollars in them.

“Trails are a marketable, tangible amenity that makes their property values higher. And that’s what CIDs are for. At the end of the day, the CID exists because we want our members to experience an increase in their property values ove

See Full Page