The Forsyth County Board of Commissioners recently voted to enter into a non-binding deal with the team behind a proposed development in the county to provide close to $400 million in subsidies to build a new hockey arena. The only problem – that money only becomes available if the team behind The Gathering at South Forsyth, led by car dealership magnate Vernon Krause, can secure an NHL team. Krause and his team are planning the massive $2 billion development including an 18,000 seat arena, inspired by projects like The Battery in Cobb Co. If they can manage to win a bid for an NHL expansion franchise, (which the league is pondering but not committed to) or possibly purchase an existing team and move it, they already have the support of county officials. Pro sports in Forsyth? It would have sounded like a pipe dream a decade ago, but county officials and monied interests are making moves that could bring a third NHL franchise to Georgia.
If you have something from your neck of the woods you’d like to see featured, please send it to phickey@insideradvantage.com
