From Gainesville Times, a copy of the Forsyth County News article:
Daniel Dotson
Forsyth County News
Updated: Jan 18, 2024, 3:19 PM
Published: Jan 18, 2024, 3:04 PM
The latest details regarding the proposed $2 billion Gathering at South Forsyth arena project point to signs that Forsyth County could become home to a professional hockey team.
During a Development Authority meeting on Thursday, Jan. 18, Forsyth County Manager David McKee announced the county is in the process of drafting a memorandum of understanding, or MOU, with The Gathering development team that would outline conditions for approval of the project.
“Very soon, we will be formalizing, in the form of an MOU, the deal points for The Gathering,” said McKee. “Obviously, nothing is finalized; it has to go to the Board of Commissioners, and then there are some contingencies that have to be met.”
One contingency, in particular, is related directly to the involvement of the NHL.
“I think the most important part is if this deal goes forward, that everything is contingent on the National Hockey League landing a franchise at that facility,” said McKee.
McKee says the county’s negotiation team considered the original development proposition for The Gathering, that the arena be built first and then court an NHL team, to be “crazy.”
Now, according to McKee, the NHL will open an application for a franchise to locate in Forsyth County, which is a practice that the League has never utilized before. It is expected the application process will open as early as March or April of this year.
McKee told the Development Authority that the MOU will be presented to the Board of Commissioners within the next few weeks, along with the results of an economic impact analysis conducted on behalf of the county.
The county’s analysis, done by financial consulting company Earnst and Young, is one of three separate impact studies that have been conducted regarding the likely impact a development like The Gathering would have on the area.
Forsyth County Chamber of Commerce Vice President of Economic Development Alex Warner confirmed during the meeting that the Chamber’s analysis, though not yet made public, shows results substantially similar to the study commissioned by the county.
Warner stated that The Gathering, if approved, is expected to bring as many as 7,000 jobs to Forsyth County.
“I think it’s important for us to note that… it is The Gathering at South Forsyth,” said Board of Commissioners Chairman Alfred John during the meeting. “It puts Forsyth County’s name out there for people to know, to recognize, and want to come to do business in our county.”
The latest on bringing the NHL to a $2 billion entertainment district in Forsyth County