Forsyth County, Georgia, has approved a $3 billion development project named 'The Gathering', which includes plans for an 18,500-seat arena aimed at attracting a new NHL franchise.

This ambitious project is designed to create a vibrant entertainment district, featuring not only the arena but also residential apartments, office spaces, retail areas, and hotels.

The ownership group believes that the combination of an appealing experience and a strategic location will lead to a successful NHL franchise in Atlanta, marking the city's third attempt at hosting a hockey team.

Unlike previous NHL expansions, there will be no formal process this time, making the group's direct presentation to the league essential.

Atlanta, now the seventh largest media market in the U.S., has the potential to support a new franchise despite past failures, as seen in other cities that have successfully regained teams.

The NHL has shown interest in Atlanta due to its large population and potential for high TV ratings, although they remain cautious about making commitments.

NHL Commissioner Gary Bettman has stated that the previous failures of hockey teams in Atlanta will not influence the league's decision regarding a new opportunity for the city.

With the proposal expected to be presented to the NHL soon, a decision could be made by the end of 2025, potentially leading to a professional hockey team returning to Atlanta within the next few years.

The development strategy draws inspiration from successful sports-related projects like the Atlanta Braves' Battery complex, which combines a stadium with surrounding amenities to create a vibrant community.

Supporters believe that the new arena's location and the larger entertainment district will enhance its viability compared to past efforts, emphasizing the importance of an engaging experience for fans.

Krause's group is committed to building the arena only if awarded an NHL franchise, indicating no alternative plans for other sports teams exist.

The approval of this complex is a significant hurdle overcome for the project, strengthening Atlanta's position in the ongoing discussions for NHL expansion.