Anyone that lives in Alpharetta GA knows that the talk of the town for several years was the redevelopment of downtown Alpharetta and the new City Center was just around the corner. The plans was to have included would have included a new City Hall, retail and office space, underground parking, and 5 acre town park. It has just been announced this week that things have changed.  The new city hall and neighboring development will just have to wait until the economy improves.  Neighboring business and new homes developments were disappointed in the announcement.  New town homes neighborhoods sold their homes with the promise of the new developement and the changes it would bring to down town Alpharetta.  The city of Alpharetta has most likely seen much of its anticipated revenue disappear with the slowdown in new construction, vacant retail real estate, and the now abandoned or stalled development of the Prospect Park development and anchor tenants.