After several months of speculation, we now know what will become of the Ford Hapeville Plant near the airport. The 122 acre site was recently purchased by Jacoby Development and they've announced plans to develop an "aerotropolis" - an aviation-intensive business district that is expected to include office, retail, restaurant, hotel and airport parking.The development is expected to bring thousands of jobs to the area. The timeframe for its completion is unclear as it will take about a year to demo the site and perform the necessary environmental clean up. Construction will begin at that time but Jacoby has made it clear that no buildings will go up until tenants are signed.
Demolition of the site may begin as early as next week. The developer is also exploring the possibility of extending MARTA rail service into Hapeville.
Jacoby Development is the same company responsible for converting the old Atlantic Steel Mill into Atlantic Station in midtown Atlanta.
Read on for more information
No comments:
Post a Comment