Developer Planning 2M SF Data Center Near Microsofts Campus South Of Atlanta

The site of 300 Johnston Circle, a future data center campus.

Publish Date: Friday 4th October 2024
Share 
Atlanta Real Estate News
Atlanta Real Estate News

Atlanta Real Estate News category interest

The site of 300 Johnston Circle, a future data center campus.

An Atlanta developer is planning a massive data center campus south of Downtown Atlanta dubbed “Project Peach.”

Strategic Real Estate Partners is seeking permission to develop a $1B, 2.1M SF data center campus on 320 acres at 300 Johnston Circle in the city of Palmetto in Fulton County. The developer filed a Development of Regional Impact application this week with the Georgia Department of Community Affairs, which approves projects expected to affect regional infrastructure.

The site, 300 Johnston Circle, is 4 miles from Microsoft’s nearly $500M Azure data center campus and its recent acquisition of additional contiguous land.

Strategic plans to develop eight data center buildings in total by 2036, according to the application. Once operational, Strategic projects the campus will add $3M in annual local tax revenues.

It is unclear if Strategic has a data center operator lined up to operate the buildings once complete.

Strategic partner John Young, who is listed on the application, declined to comment. Palmetto Mayor Teresa Thomas-Smith didn't return calls seeking comment.

The developer's proposal is just the latest put forward in Metro Atlanta’s booming data center market. Developers have more than doubled the data center capacity in the region since 2020, CBRE reported. Developers were underway with more than 1,200 megawatts of data center capacity in the first half of the year, according to CBRE, a 76% increase from the same time last year.

Metro Atlanta is on track to become the second-largest data center market in the U.S. behind Northern Virginia, per CBRE. But that kind of growth has created a backlash.

December 24, 2024

Story attribution: Jarred Schenke

Share 

More from Atlanta Real Estate News

Cities with the fastest-growing home prices in Georgia
Atlanta Real Estate News

Cities with the fastest-growing home prices in Georgia

1 / 50Stacker#50.

old in Atlanta public housing complex, warrant says
Atlanta Real Estate News

old in Atlanta public housing complex, warrant says

Kim, who was from South Korea, ran a shoe repair shop in metro Atlanta before his retirement.

JV Procures $134M Refi on Raleigh Mixed
Atlanta Real Estate News

JV Procures $134M Refi on Raleigh Mixed

Barings provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh.

Selling It in the ATL Reality Show - [site:name]
Atlanta Real Estate News

Selling It in the ATL Reality Show - [site:name]

Atlanta is the city that keeps on giving, especially when it comes to reality shows.

Amazon acquires 118 acres outside Atlanta, Georgia
Atlanta Real Estate News

Amazon acquires 118 acres outside Atlanta, Georgia

Amazon’s data center unit has acquired land outside Atlanta, Georgia.

Atlantas The Upton announces nationwide call for artists in residency
Atlanta Real Estate News

Atlantas The Upton announces nationwide call for artists in residency

The Upton, a new luxury development in Chosewood Park, launches an artist residency program offering free rent and a stipend to create community-engaging art under the theme “Grounded-In-Your-Light.”ATLANTA, GA – The Upton, Chosewood Park’s newest luxury multifamily development, is seeking proposals from talented artists across the country to join its residency program, themed “Grounded-In-Your-Light.” Curated by Gallery Residential, a premier property management agency renowned for supporting artists, the 18-month residency offers complimentary rent, expecting artists to create their work and participate in scheduled events three times a month.

Sign up for Atlanta Post Online Newsletters

Keep in touch with everything on Atlanta Post Online. Sign up for our newsletter!
 


Stats
Elapsed time: 0.7485 seconds
Memory useage: 2.58MB
V2.geronimo