Cumberland Community Improvement District Unveils Booming Economic Numbers

Staff Report

Monday, April 8th, 2024

At the 2024 Cumberland Community Meeting, in partnership with One Cumberland, local leaders and stakeholders gathered to discuss the district’s substantial economic contributions and unveiled new initiatives aimed at fostering community development and environmental stewardship.

The Cumberland Community Improvement District (CID) highlighted its annual impact on Georgia’s and Cobb County’s economies, with figures reaching $26.6 billion and $20.4 billion respectively. The CID attributes this significant economic influence to the vibrant activity within the district, which includes over 3,700 businesses and supports more than 88,000 jobs, marking Cumberland as one of the largest employment centers in metro Atlanta.

In addition to its economic contributions, Cumberland is embarking on major mobility and conservation projects. Notably, the CID announced the New Day Palisades project, a $13 million initiative to rehabilitate the Paces Mill/Palisades Unit of the Chattahoochee River National Recreation Area. The project aims to create a premier national park experience accessible to all residents and visitors. Phase One of this project is set to break ground this fall, with subsequent phases focusing on community engagement and funding.

Transportation and infrastructure also remain key priorities for the district, with over $160 million invested in vital projects since 1988. These efforts aim to improve access and connectivity, further enhancing the area’s appeal as a prime location for business and leisure.
Kim Menefee, executive director for the Cumberland CID, emphasized the importance of local support for the newly formed charitable organization, One Cumberland. Led by business leaders in the district, this new organization seeks to reinforce the CID’s mission to preserve Cumberland’s natural resources while promoting a dynamic and inclusive community. Contributions to One Cumberland are set to support projects that enhance cultural amenities, quality of life, and environmental stewardship within the district.

“As one of the most dynamic communities in the Atlanta area, Cumberland boasts an impressive array of assets, from entertainment and cultural arts to sports, retail, and prime residential spaces, not to mention our cherished national park and the picturesque Chattahoochee River,” stated Menefee. “Today’s announcements underscore our commitment to building on our successes and ensuring that Cumberland continues to thrive as a beacon of economic strength.”

The Cumberland Community Improvement District is looking forward to engaging with corporate partners, residents, and visitors to bring these ambitious projects to fruition, further solidifying Cumberland’s position as a key economic and cultural hub in the region.

The meeting also celebrated individual contributions to the community, with John Shern, Chair of the Cumberland CID, receiving the Cumberland Citizen of the Year Award from Sharon Mason, President & CEO of the Cobb Chamber. This accolade reflects the dedicated efforts of individuals who are instrumental in advancing the district’s growth and vitality.

For more information about the Cumberland Community Improvement District and upcoming projects, please visit https://cumberlandcid.org/.