Facts:
Name: Aerotropolis Atlanta
Project Size: 130 Acres
Estimated Cost: $1.5 billion
Location: Former Ford Atlanta Assembly Plant at the juncture of: The country’s busiest airport, Hartsfield-Jackson Atlanta International Airport, serving more than 90 million passengers last year, and its proposed international terminal; City of Hapeville and Atlanta along Interstate 75, and future commuter rail line from downtown Atlanta to Lovejoy/Griffin.
Current status: Following acquisition of the property in June 2008, demolition commenced in July and will be complete in July of this year.
Project Team:
- Jacoby Development Inc. has helped communities across the country create millions of square feet of retail space and thousands of jobs. The company now seeks out environmentally sensitive or impaired sites for redevelopment into mixed use properties that create value for communities.
- Steven D. Bell & Company’s management portfolio is now valued in excess of $5.3 billion. The holdings of the Greensboro-based company include more than 58,000 apartments in 212 locations, 24 senior living communities and more than 5.6 million square feet of retail and office properties in 111 cities.
- The D.H. Griffin Companies, with corporate offices in Greensboro and satellite offices in seven other states, is one of the leading demolition and environmental services companies in the country, offering turnkey services in construction and site infrastructure development.
- The Turner Foundation, Inc., founded in 1990 by Ted Turner, is a private, independent family foundation committed to preventing damage to the natural systems: water, air, and land, on which all life depends.
- MACTEC Engineering and Consulting, Inc., environmental remediation consultants
- Winter Environmental, Inc., environmental remediation contractors
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Case Study Overview
Aerotropolis Atlanta is a mixed-use development zoned for 6.5 million square
feet of Class-A office, hotel, conference center, retail, data center, business
park, and the parking facility. The former 2.8 million square foot production facility for the Ford Taurus and
Mercury Sable will have a global focus to capitalize on Hartsfield-Jackson
Atlanta International Airport’s future international terminal. It promises to be the touchstone for Atlanta’s Southside that Atlantic Station has been for Midtown Atlanta.
The site, purchased from Ford on June 11, 2008, is less than one mile from the new Hartsfield-Jackson Atlanta International Terminal, expected to be completed in 2011. And the development’s proposed, partially covered 4,000-space parking lot will be one of the closest
parking locations to the new International Terminal, expected to serve more
than 13 million passengers within seven years.
Following acquisition of the property in June 2008, demolition, led by D.H.
Griffin, commenced in July, beginning with more than 80 contractor employees
onsite. Demolition will be complete in July of this year. In the process, more
than 95 percent of the existing structures are being recycled, which will be
followed by remediation and grading of the property.
JDI’s Vision
The wheels were put in motion for the mixed-use development in November 2005
when Ford announced the closure of its former Atlanta Assembly Plant, which had
operated in Hapeville, Ga., since 1947. As one of its top employers and
contributor of 10 percent of the city’s budget, Ford’s departure was unwelcome news. Hapeville is a transportation town, with a
railroad line running through its middle, Hartsfield-Jackson International
Airport next door, I-75 on its east side and, until recently, the automotive
assembly plant.
Jacoby Development Inc. (JDI) recognized that just as seaports drove development
in the 18th century, railroads drove development in the 19th century, and cars
drove development in the 20th century, it is airports (as evidenced globally,
particularly in Asia and in U.S. examples such as Dulles and Dallas) that will
drive the most important, progressive development of the 21st century. JDI saw
that Atlanta must build on the region’s single greatest economic engine, the country’s busiest airport.
Just 15 miles north of the Ford Plant site, JDI embarked more than 10 years ago
on the brownfield redevelopment of the 100-year-old Atlantic Steel mill site in
the heart of Atlanta—at the intersection of interstates 75 and 85—into the 138-acre mixed-use Atlantic Station. Atlantic Station will ultimately include six million sq. ft. of Class A office
space; 5,000 residential units; two million sq. ft. of retail and entertainment
space, including restaurants and movie theaters; 1,000 hotel rooms; and 11
acres of public parks. Much of the commercial property at the center of Atlantic Station is built atop a parking structure that was part of the environmental remediation to cap the area where the steel mill operated.
The re-use and recycling in progress during demolition include:
- All concrete (more than 100,000 cubic yards) is being crushed and reused
- All steel (structural and stainless from the plant), tin (siding and roofing),
copper and brass (more than 40,000 tons of recycled metals) is being recycled
in Georgia and the Southeast via rail directly from the site for greatest fuel
efficiency and least environmental and highway impact
- Fire extinguishers, office equipment and other supplies have been donated to
the City of Hapeville
- Other materials (fencing, lights, etc.) are being preserved for re-use.
In a city of 6,000 residents, Ford employed 3,000 people. The development of
Aerotropolis Atlanta will add more than 10,000 jobs to Hapeville through
build-out. Beyond Hapeville, the deal and accompanying vision have already
begun to reposition Atlanta’s south side as an area of economic opportunity. And for the region,
Aerotropolis Atlanta’s unique location adjacent to the airport’s new international terminal—at the intersection of interstate and rail—is already providing a promising new loca
tion for global employers looking to relocate or build new facilities.
Lessons Learned
In the more than a decade that development of Atlantic Station proceeded,
skeptics doubted that the project would ever happen or live up to expectations.
JDI learned much in the process, including this: relationships with regulators
are crucial. And its experience with the national brownfield model
redevelopment served as a crucial credential in the Ford relationship.
Ford engaged the cities, counties, airport and FAA and selected JDI in February
2008 to deliver a viable and exciting development that Ford is confident will
serve the community well. Above all, JDI understood that Atlanta must build on
the region’s single greatest economic engine—the country’s busiest airport.
Howard J. Lalli (hjlalli@yahoo.com) is an Atlanta-based communications
consultant focused on enterprise reputation; environmental and economic
sustainability; and compelling content.