Sandy Springs Development Authority Locks In $2.5M Tax Break for North River Redevelopment
The Sandy Springs Development Authority adopted a bond resolution on Aug. 26 enacting the 10-year, $2.54 million property tax abatement City Council approved Aug. 18 for Woodfield Development's North River Apartments redevelopment.
Rendering of the planned North River Apartments redevelopment showing new residential buildings and green space along Roswell Road in Sandy Springs.Woodfield Development
Urban Atlanta Development Desk · Compiled from public records · Week of Aug 26, 2026
· Last verified Aug 27, 2026
The Sandy Springs Development Authority adopted a bond resolution on Aug. 26 enacting the 10-year, $2.54 million property tax abatement City Council approved Aug. 18 for Woodfield Development's North River Apartments redevelopment.
Why it matters
The vote clears the last hurdle for a $150M-plus overhaul: 336 apartments, 85 townhomes, retail and a new public park replacing an aging strip mall.
What to watch
Construction is expected to begin later this year once Woodfield closes on the roughly 8 of 13 acres it has under contract at 8830 Roswell Road.
The city approved a $4.3 million incentive package to help Woodfield Development trade the aging North River Shopping Center for 336 apartments, 85 townhomes and a new park.
Sandy SpringsAug 24, 2026
Project: North River Shopping Center Redevelopment
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