North Augusta resolution lays groundwork for stadium project

An artist rendering of the development and stadium to be built along the Savannah River in North Augusta.

A resolution laying further groundwork for “Project Jackson,” a massive North Au­gus­ta riverfront development project that includes a city-financed stadium for the Augusta GreenJackets, will be up for approval at a meeting tonight.

The resolution going before the North Augusta City Council provides preliminary approval to several amendments that expand the scope and add new projects to a 1996 riverfront redevelopment plan.

The amendments involving the redevelopment district of Ham­mond’s Ferry River­front Cen­ter would include a 225-room hotel, a 225-unit apartment complex, 30,000 square feet of commercial space, 40,000 square feet of office space, restaurants, 75 townhomes, a conference center and a 900-space parking garage.

The amendments reflect North Augusta’s intention to issue 30-year tax-increment revenue bonds for its portion of the public-private development, to include $4 million for the conference center, $10.8 million for the parking garage and $28 million for the stadium.

The city will service the bonds with tax-increment financing, meaning it will use property tax revenue generated by new development in the district along with other sources, such as sales tax revenues, hotel and hospitality fees, stadium naming rights and user fees and parking fees.

City Administrator Todd Glover warned that passing the resolution does not constitute approval of Project Jackson. The council is required to hold three additional readings and a public hearing on the ordinance, along with three readings and a public hearing on the bond issue.

Leadership, planning keys to North Augusta growth
North Augusta reveals stadium plan; Ripken sells GreenJackets
North Augusta to reveal 'Project Jackson' details
Plan calls for GreenJackets to move to North Augusta
IF YOU GO

WHAT: North Augusta City Council meeting

WHEN: 7 p.m. Tuesday

WHERE: Municipal Center, 100 Georgia Ave., third floor

TOPIC PAGE: Downtown stadium
TOPIC PAGE: North Augusta City Council

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