Jacoby Development Inc., the developer that turned an old steel mill into Atlantic Station — a live-work-play mini-city in Midtown — recently completed the initial demolition and site remediation of the 128-acre site of old Ford Motor Company plant in Hapeville along I-75. By fall, the development will enter Phase I – construction of light industrial and parking.
The $1.5 billion development will be called Aerotropolis Atlanta because of its close proximity to Hartsfield-Jackson International Airport. The 10-year development proposes office space, hotels, retail, restaurants, a light industrial business park and a 4,000-space airport parking facility.
More than 90 million passengers passed through Hartsfield last year, the world’s busiest airport. Aerotropolis Atlanta will be “a direct connection” to the international terminal under construction, Condra said. The terminal will be located just across Loop Road from the Jacoby property. Plans call for shuttle service to be offered on Loop Road, so travelers can eat and shop during layovers.
“I really think the reason this project is doing well when others aren’t is our proximity to the airport,” he said. “The location is a big, big selling point.”
Hapeville Mayor Alan Hallman says while the economy might slow the completion date, the project is moving ahead.