Scope: Developer CIM Group has outlined a project of $3.5 billion to $5 billion. It could grow to more than 9 million square feet of office space, 1,000 residences, 1,500 hotel rooms and 1 million square feet of retail space.
Partners: CIM and the Atlanta Hawks. California-based CIM was co-founded by Richard Ressler. His brother Tony is the lead owner of the Hawks.
Incentives: Pending revisions, the proposed public financing is $900 million to $1.75 billion, though those figures could grow based on financing charges. It would be funded by a portion of sales taxes generated on-site and bonds backed by expected future increases in property taxes.
Community benefits: CIM has agreed to a package of affordable housing commitments, jobs training and other community benefits.