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		<title>Atlanta-Area Data Center to Span 2M-SF, Cost $1B</title>
		<link>https://vrjproperties.com/atlanta-area-data-center-to-span-2m-sf-cost-1b/</link>
		
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		<pubDate>Mon, 07 Oct 2024 12:42:16 +0000</pubDate>
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					<description><![CDATA[<p>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...</p>
<p>The post <a href="https://vrjproperties.com/atlanta-area-data-center-to-span-2m-sf-cost-1b/">Atlanta-Area Data Center to Span 2M-SF, Cost $1B</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="409050cf-f601-4195-b78b-a217a0be00a3">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.</p>
<p data-beyondwords-marker="bf3c37cf-0dad-4c59-be9d-03f1189cb33d">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. </p>
<p data-beyondwords-marker="b99196c0-d68a-4bbf-871e-60cc290f37a0">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.</p>
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<br /><a href="https://www.connectcre.com/stories/atlanta-area-data-center-to-span-2m-sf-cost-1b/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/atlanta-area-data-center-to-span-2m-sf-cost-1b/">Atlanta-Area Data Center to Span 2M-SF, Cost $1B</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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