Strategic Real Estate Partners is planning a 2.1 million-square-foot data center in Palmetto, Georgia. The project is expected to span 320 acres of land at 300 Johnson Circle in Coweta County. Developers are predicting a cost of $1 billion and believe build-out could take 15 years, finishing in 2036. The development, called Project Peach, will include eight data center buildings. The project is expected to kick off $3 million in tax revenue.

Project Peach will be located just four miles from Microsoft’s $500 million Azure data center campus. The area’s data center capacity has increased 76% since the beginning of the year. The region is slated to take the second position in the nation for data center development, following northern Virginia.

State lawmakers, leery of the amount of energy and water the facilities use, passed a law putting the brakes on future projects, but Governor Brian Kemp vetoed the legislation.

PREMIER Design + Build Group has completed work on Phase II of the Rickenbacker Logistics Park project in Columbus. OH. The completion adds more than two million square feet of industrial space for client CT Realty, or nearly twice as much as the project’s first phase.

“The Rickenbacker Logistics Park is nothing less than a best-in-class campus,” said Ryan Keefe, Premier’s EVP, Midwest. “It’s designed and built to deliver what today’s users need to thrive, and it’s located in a geographic region that’s seeing exponential growth. As we complete each phase, we see the enormous demand for these spaces that facilitate business success for users.”

The Premier team included program manager Samantha Skopek, project manager Dan Freitag and superintendent Thomas Sterbenz. The team recently began work on Phase III of the project, which will add a 773,000-square-foot building to the campus. When complete, Rickenbacker Logistics Park will total four million square feet across six buildings.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!