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WHERE A CITY BECOMES THE

 Neighborhood

Located in the Old Fourth Ward (O4W) and near the Atlanta Beltline, Waldo's prime location sits on the corner of history and reinvention.

The O4W, a historic neighborhood that Waldo's calls home, is a vibrant melting pot, one that plays host to the best in local bakers, intimate bars, and a wealth of visual splendor.

THE O4W

The O4W is an experience. It's the kind of place lawyers and artists drink together, where "facade" is just another word for "canvas".

 

Its streets and sidewalks are alive with local culture and attractions, from the artfully irreverent Sister Louisa's Church Bar, to the the charitable fine-dining destination Staplehouse.

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STATE Opportunity ZONES

STATE OPPPORTUNITY ZONE BENEFITS
Waldo's qualifies for the State of Georgia's maximum job tax credit of $3,500 per new job created per year, for up to 5 years.

Tenants, whether existing or new, receive the state income payroll tax credit for every new job created (minimum of two jobs created and must be new to the State of GA, not just the OZ).

Source: Georgia Department of Community Affairs
EMPLOYEE INCENTIVE - STATE OPPORTUNITY ZONE BENEFITS
Job Tac Credits can be used against 100% of Georgia income tax liability and withholding tax.

Office and retail tenants will be incentivized to choose the Waldo's site as the tax credit has the ability to significantly reduce their net effective rent.

EXAMPLE
If a 10,000 SF office tenant creates 40 new jobs, they will receive a tax credit of $140,000
  • Rent - $40/SF or $400,000
  • Effective Rent Reduction: $14/SF per year for up to 5 years

    Source: Georgia Department of Community Affairs