Invest Atlanta chooses new developer for Alabama Street project

Invest Atlanta chooses new developer for Alabama Street project

Invest Atlanta chooses new developer for Alabama Street project

Gorman & Co. plans to remake the former Atlanta Constitution building, a longtime target for redevelopment.

​  Gorman & Co. plans to remake the former Atlanta Constitution building, a longtime target for redevelopment. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)

Gorman & Co. plans to remake the former Atlanta Constitution building, a longtime target for redevelopment.

Piedmont Healthcare moves forward on new HQ at Atlantic Station

Piedmont Healthcare moves forward on new HQ at Atlantic Station

Piedmont Healthcare moves forward on new HQ at Atlantic Station

The lease is among a growing number of large office deals completed this year in Atlanta.

​  The lease is among a growing number of large office deals completed this year in Atlanta. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)

The lease is among a growing number of large office deals completed this year in Atlanta.

Piedmont Healthcare moves forward on new HQ at Atlantic Station

Piedmont Healthcare moves forward on new HQ at Atlantic Station

Piedmont Healthcare moves forward on new HQ at Atlantic Station

The lease is among a growing number of large office deals completed this year in Atlanta.

​  The lease is among a growing number of large office deals completed this year in Atlanta. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)

The lease is among a growing number of large office deals completed this year in Atlanta.

Atlanta-based multifamily developer rounds out C-suite with new CEO

Atlanta-based multifamily developer rounds out C-suite with new CEO

Atlanta-based multifamily developer rounds out C-suite with new CEO

Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader.

​  Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)

Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader.

Atlanta-based multifamily developer rounds out C-suite with new CEO

Atlanta-based multifamily developer rounds out C-suite with new CEO

Atlanta-based multifamily developer rounds out C-suite with new CEO

Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader.

​  Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)

Vista Residential Partners, an Atlanta-based developer and manager of multifamily housing, has recruited a new executive leader.

Project starts delivering in walking distance to Gwinnett town center

Project starts delivering in walking distance to Gwinnett town center

Project starts delivering in walking distance to Gwinnett town center

Project starts delivering in walking distance to Gwinnett town center

Josh Green

Tue, 11/05/2024 – 13:04

Two years after breaking ground, a multifamily project that “sets a new standard for suburban living” has opened within walking distance of Sugar Hill’s burgeoning town center in northern Gwinnett County, according to developers.

Conclave Sugar Hill, a 306-unit mix of apartments and rental townhomes, debuted its first phase in recent weeks at a site tucked off Ga. Highway 20, just north of Downtown Sugar Hill.

The 1375 Hillcrest Drive location also counts a direct connection to the Sugar Hill Greenway, a five-mile multi-use trail that will eventually span 16.5 miles.

According to the project’s Atlanta-based developers, Novare Group and BCDC, a Greenway bridge is planned to span Ga. Highway 20 to help connect city residents with downtown, which counts attractions such as The Bowl communal amphitheater, boutique retail and restaurants, and the distinctive, Art Deco-inspired Eagle Theatre. The southernmost shores of Lake Lanier are also nearby.

Jim Borders, Novare’s president and CEO, said in a project announcement that Sugar Hill’s “focus on enhancing the quality of life” has made it “one of the most desirable places to live in Gwinnett County.”


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill

Developers have previously described the Conclave rental community, with options ranging from studios to three-bedroom townhomes, as Class A and the most luxurious product in the market.

Right now, the least expensive options available start at $1,455 monthly. That rents one bedroom and one bathroom in 597 square feet.

The priciest apartments listed are three-bedroom, two-bathroom units with 1,338 square feet. Those start at $2,645.

Prices for multi-level townhome units with private garages aren’t listed.

Communal amenities at Conclave include a resort-style pool, two-story clubroom with a lounge and library, coworking spaces, a dog park, fire pits, greenspaces, and a two-story fitness center.


The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill

The project team also includes Atlanta architecture firm Dynamik Design, civil engineers Kimley Horn, and general contractor Doster Construction.

Swing up to the gallery for a quick look at how phase one has come together in Sugar Hill.


The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Gwinnett County news, discussion (Urbanize Atlanta) 

Images


The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


Novare Group; BCDC/Conclave Sugar Hill


The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill


The community’s largest apartment floorplan currently listed, renting for $2,645 per month and up. Novare Group; BCDC/Conclave Sugar Hill

Subtitle
Conclave Sugar Hill includes townhomes, connection to five-mile Greenway
Neighborhood
Background Image
Image
A photo showing a large new apartment complex with a pool in the middle and modern-rustic interiors north of Atlanta surrounded by woods and trees.
Associated Project
Before/After Images
Sponsored Post
Off

Project starts delivering in walking distance to Gwinnett town center

Josh Green

Tue, 11/05/2024 – 13:04

Two years after breaking ground, a multifamily project that “sets a new standard for suburban living” has opened within walking distance of Sugar Hill’s burgeoning town center in northern Gwinnett County, according to developers.

Conclave Sugar Hill, a 306-unit mix of apartments and rental townhomes, debuted its first phase in recent weeks at a site tucked off Ga. Highway 20, just north of Downtown Sugar Hill.

The 1375 Hillcrest Drive location also counts a direct connection to the Sugar Hill Greenway, a five-mile multi-use trail that will eventually span 16.5 miles.

According to the project’s Atlanta-based developers, Novare Group and BCDC, a Greenway bridge is planned to span Ga. Highway 20 to help connect city residents with downtown, which counts attractions such as The Bowl communal amphitheater, boutique retail and restaurants, and the distinctive, Art Deco-inspired Eagle Theatre. The southernmost shores of Lake Lanier are also nearby.

Jim Borders, Novare’s president and CEO, said in a project announcement that Sugar Hill’s “focus on enhancing the quality of life” has made it “one of the most desirable places to live in Gwinnett County.”

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Developers have previously described the Conclave rental community, with options ranging from studios to three-bedroom townhomes, as Class A and the most luxurious product in the market.

Right now, the least expensive options available start at $1,455 monthly. That rents one bedroom and one bathroom in 597 square feet.

The priciest apartments listed are three-bedroom, two-bathroom units with 1,338 square feet. Those start at $2,645.

Prices for multi-level townhome units with private garages aren’t listed.

Communal amenities at Conclave include a resort-style pool, two-story clubroom with a lounge and library, coworking spaces, a dog park, fire pits, greenspaces, and a two-story fitness center.

The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

The project team also includes Atlanta architecture firm Dynamik Design, civil engineers Kimley Horn, and general contractor Doster Construction.

Swing up to the gallery for a quick look at how phase one has come together in Sugar Hill.

The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Gwinnett County news, discussion (Urbanize Atlanta) 

Tags

1375 Hillcrest Drive
Conclave Sugar Hill
Sugar Hill
Novare Group
Novare
Cadence Bank
South State Bank
Dynamik Design
BCDC
Kimley-Horn & Associates
Kimley-Horn
Doster Construction
OTP
Sugar Hill Greenway
Atlanta apartments
Atlanta Development
Gwinnett County Development
Sugar Hill Apartments
Sugar Hill Development
Sugar Hill Construction
Gwinnett County Construction
Sugar Hill Town Center
Atlanta Suburbs
RAM Partners
Downtown Sugar Hill
Atlanta Townhomes
Townhomes for Rent
BTR

Images

The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill

The community’s largest apartment floorplan currently listed, renting for $2,645 per month and up. Novare Group; BCDC/Conclave Sugar Hill

Subtitle
Conclave Sugar Hill includes townhomes, connection to five-mile Greenway

Neighborhood
Gwinnett County

Background Image

Image

Associated Project

1375 Hillcrest Dr

Before/After Images

Sponsored Post
Off  Read More 

Project starts delivering in walking distance to Gwinnett town center

Josh Green

Tue, 11/05/2024 – 13:04

Two years after breaking ground, a multifamily project that “sets a new standard for suburban living” has opened within walking distance of Sugar Hill’s burgeoning town center in northern Gwinnett County, according to developers.

Conclave Sugar Hill, a 306-unit mix of apartments and rental townhomes, debuted its first phase in recent weeks at a site tucked off Ga. Highway 20, just north of Downtown Sugar Hill.

The 1375 Hillcrest Drive location also counts a direct connection to the Sugar Hill Greenway, a five-mile multi-use trail that will eventually span 16.5 miles.

According to the project’s Atlanta-based developers, Novare Group and BCDC, a Greenway bridge is planned to span Ga. Highway 20 to help connect city residents with downtown, which counts attractions such as The Bowl communal amphitheater, boutique retail and restaurants, and the distinctive, Art Deco-inspired Eagle Theatre. The southernmost shores of Lake Lanier are also nearby.

Jim Borders, Novare’s president and CEO, said in a project announcement that Sugar Hill’s “focus on enhancing the quality of life” has made it “one of the most desirable places to live in Gwinnett County.”

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Developers have previously described the Conclave rental community, with options ranging from studios to three-bedroom townhomes, as Class A and the most luxurious product in the market.

Right now, the least expensive options available start at $1,455 monthly. That rents one bedroom and one bathroom in 597 square feet.

The priciest apartments listed are three-bedroom, two-bathroom units with 1,338 square feet. Those start at $2,645.

Prices for multi-level townhome units with private garages aren’t listed.

Communal amenities at Conclave include a resort-style pool, two-story clubroom with a lounge and library, coworking spaces, a dog park, fire pits, greenspaces, and a two-story fitness center.

The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

The project team also includes Atlanta architecture firm Dynamik Design, civil engineers Kimley Horn, and general contractor Doster Construction.

Swing up to the gallery for a quick look at how phase one has come together in Sugar Hill.

The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Gwinnett County news, discussion (Urbanize Atlanta) 

Tags

1375 Hillcrest Drive
Conclave Sugar Hill
Sugar Hill
Novare Group
Novare
Cadence Bank
South State Bank
Dynamik Design
BCDC
Kimley-Horn & Associates
Kimley-Horn
Doster Construction
OTP
Sugar Hill Greenway
Atlanta apartments
Atlanta Development
Gwinnett County Development
Sugar Hill Apartments
Sugar Hill Development
Sugar Hill Construction
Gwinnett County Construction
Sugar Hill Town Center
Atlanta Suburbs
RAM Partners
Downtown Sugar Hill
Atlanta Townhomes
Townhomes for Rent
BTR

Images

The Conclave project’s location in relation to intown Atlanta and Lake Lanier. Google Maps

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

Novare Group; BCDC/Conclave Sugar Hill

The smallest, 597-square-foot floorplan currently offered at Conclave Sugar Hill. Novare Group; BCDC/Conclave Sugar Hill

The community’s largest apartment floorplan currently listed, renting for $2,645 per month and up. Novare Group; BCDC/Conclave Sugar Hill

Subtitle
Conclave Sugar Hill includes townhomes, connection to five-mile Greenway

Neighborhood
Gwinnett County

Background Image

Image

Associated Project

1375 Hillcrest Dr

Before/After Images

Sponsored Post
Off

Plans for next Buckhead condo high-rise come into focus

Plans for next Buckhead condo high-rise come into focus

Plans for next Buckhead condo high-rise come into focus

Plans for next Buckhead condo high-rise come into focus

Josh Green

Tue, 11/05/2024 – 10:37

Days appear to be numbered for a shopping center tucked a block off Peachtree Road as another stack of for-sale Buckhead condos moves through the development process.

Florida-based developer Kolter Urban has set sights on another Buckhead parcel to build the still-rare housing type for post-recession Atlanta at 102 W. Paces Ferry Road, a location easily walkable to some of the subdistrict’s most attractive shopping and restaurants.

Kolter Urban has filed plans—and fresh renderings for the 19-story project—with Buckhead’s SPI-9 Development Review Committee ahead of the board’s monthly meeting Wednesday.


Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR


Google Maps

The West Paces Ferry Road site is currently home to a small shopping center called Buckhead Plaza, which Kolter Urban hopes to demolish soon to start building 198 condos and parking, according to a DRC agenda.  

The developer will be seeking variances regarding the relationship of the condo tower to the street and its maximum setback, per the DRC.

Renderings compiled by Atlanta-based RJTR architecture firm indicate the building will have a stair-stepped design with balconies jutting off each facade and a tall, glassy base level at the street. Designs call for floorplans with between one and three bedrooms.

Retail has not been mentioned in design plans to date. None was included in the main buildings of Kolter Urban’s earlier Atlanta projects, either. 


Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR

Situated next door to the St. Regis Atlanta hotel and condos, the property was previously targeted for a massive, multi-tower development with a hotel and more than 300 residential units that never took off.

For Kolter Urban, the project would mark its third high-rise in Atlanta to move forward since the COVID-19 pandemic, joining the 18-story contract magnet that is Dillon Buckhead, and the sold-out, 22-story Graydon project.


Kolter Urban; RJTR


Existing conditions around Buckhead Plaza. RJTR

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Buckhead news, discussion (Urbanize Atlanta) 

Images


Google Maps


The 102 W. Paces Ferry Road property in question (at right), just west of the St. Regis Atlanta tower.Google Maps


Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR


Kolter Urban; RJTR


Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR


Existing conditions around Buckhead Plaza. RJTR

Subtitle
Florida developer Kolter Urban seeks to move forward with demolition of Buckhead Plaza first
Neighborhood
Background Image
Image
A rendering showing a large white and glass stack of condos on a wide Atlanta street with trees and fancy cars in front against a blue sky.
Before/After Images
Sponsored Post
Off

Plans for next Buckhead condo high-rise come into focus

Josh Green

Tue, 11/05/2024 – 10:37

Days appear to be numbered for a shopping center tucked a block off Peachtree Road as another stack of for-sale Buckhead condos moves through the development process.

Florida-based developer Kolter Urban has set sights on another Buckhead parcel to build the still-rare housing type for post-recession Atlanta at 102 W. Paces Ferry Road, a location easily walkable to some of the subdistrict’s most attractive shopping and restaurants.

Kolter Urban has filed plans—and fresh renderings for the 19-story project—with Buckhead’s SPI-9 Development Review Committee ahead of the board’s monthly meeting Wednesday.

Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR

Google Maps

The West Paces Ferry Road site is currently home to a small shopping center called Buckhead Plaza, which Kolter Urban hopes to demolish soon to start building 198 condos and parking, according to a DRC agenda.  

The developer will be seeking variances regarding the relationship of the condo tower to the street and its maximum setback, per the DRC.

Renderings compiled by Atlanta-based RJTR architecture firm indicate the building will have a stair-stepped design with balconies jutting off each facade and a tall, glassy base level at the street. Designs call for floorplans with between one and three bedrooms.

Retail has not been mentioned in design plans to date. None was included in the main buildings of Kolter Urban’s earlier Atlanta projects, either. 

Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR

Situated next door to the St. Regis Atlanta hotel and condos, the property was previously targeted for a massive, multi-tower development with a hotel and more than 300 residential units that never took off.

For Kolter Urban, the project would mark its third high-rise in Atlanta to move forward since the COVID-19 pandemic, joining the 18-story contract magnet that is Dillon Buckhead, and the sold-out, 22-story Graydon project.

Kolter Urban; RJTR

Existing conditions around Buckhead Plaza. RJTR

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Buckhead news, discussion (Urbanize Atlanta) 

Tags

102 West Paces Ferry Road
Kolter Urban
Buckhead Plaza
Buckhead Development
Buckhead Construction
Rule Joy Trammell & Rubio
Rule Joy Trammell + Rubio
Atlanta Condos
Condos
Buckhead condos
RJTR
RJTR Design
West Paces Ferry Road
Atlanta Construction
Appetite for Destruction

Images

Google Maps

The 102 W. Paces Ferry Road property in question (at right), just west of the St. Regis Atlanta tower.Google Maps

Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR

Kolter Urban; RJTR

Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR

Existing conditions around Buckhead Plaza. RJTR

Subtitle
Florida developer Kolter Urban seeks to move forward with demolition of Buckhead Plaza first

Neighborhood
Buckhead

Background Image

Image

Before/After Images

Sponsored Post
Off  Read More 

Plans for next Buckhead condo high-rise come into focus

Josh Green

Tue, 11/05/2024 – 10:37

Days appear to be numbered for a shopping center tucked a block off Peachtree Road as another stack of for-sale Buckhead condos moves through the development process.

Florida-based developer Kolter Urban has set sights on another Buckhead parcel to build the still-rare housing type for post-recession Atlanta at 102 W. Paces Ferry Road, a location easily walkable to some of the subdistrict’s most attractive shopping and restaurants.

Kolter Urban has filed plans—and fresh renderings for the 19-story project—with Buckhead’s SPI-9 Development Review Committee ahead of the board’s monthly meeting Wednesday.

Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR

Google Maps

The West Paces Ferry Road site is currently home to a small shopping center called Buckhead Plaza, which Kolter Urban hopes to demolish soon to start building 198 condos and parking, according to a DRC agenda.  

The developer will be seeking variances regarding the relationship of the condo tower to the street and its maximum setback, per the DRC.

Renderings compiled by Atlanta-based RJTR architecture firm indicate the building will have a stair-stepped design with balconies jutting off each facade and a tall, glassy base level at the street. Designs call for floorplans with between one and three bedrooms.

Retail has not been mentioned in design plans to date. None was included in the main buildings of Kolter Urban’s earlier Atlanta projects, either. 

Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR

Situated next door to the St. Regis Atlanta hotel and condos, the property was previously targeted for a massive, multi-tower development with a hotel and more than 300 residential units that never took off.

For Kolter Urban, the project would mark its third high-rise in Atlanta to move forward since the COVID-19 pandemic, joining the 18-story contract magnet that is Dillon Buckhead, and the sold-out, 22-story Graydon project.

Kolter Urban; RJTR

Existing conditions around Buckhead Plaza. RJTR

Follow us on social media: 

Twitter / Facebook/and now: Instagram  

• Buckhead news, discussion (Urbanize Atlanta) 

Tags

102 West Paces Ferry Road
Kolter Urban
Buckhead Plaza
Buckhead Development
Buckhead Construction
Rule Joy Trammell & Rubio
Rule Joy Trammell + Rubio
Atlanta Condos
Condos
Buckhead condos
RJTR
RJTR Design
West Paces Ferry Road
Atlanta Construction
Appetite for Destruction

Images

Google Maps

The 102 W. Paces Ferry Road property in question (at right), just west of the St. Regis Atlanta tower.Google Maps

Plans for the 19-story proposal’s West Paces Ferry Road facade in Buckhead. Kolter Urban; RJTR

Kolter Urban; RJTR

Closer look at West Paces Ferry Road entries. Kolter Urban; RJTR

Existing conditions around Buckhead Plaza. RJTR

Subtitle
Florida developer Kolter Urban seeks to move forward with demolition of Buckhead Plaza first

Neighborhood
Buckhead

Background Image

Image

Before/After Images

Sponsored Post
Off

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works.

​  The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)

The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works.

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity parking lot to transform with student housing tower; iconic restaurant to stay open

The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works.

​  The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)

The Varsity, an Atlanta restaurant icon, has been mulling redevelopment options for a few years. Now, student housing is in the works.

Microsoft Buys Person County Megasite

Microsoft Buys Person County Megasite

Microsoft Buys Person County Megasite

Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants to double its data center capacity by the end of 2024.

The Person County site is one of a handful of unfilled megasites in the state. Officials have said developing more megasites is critical to attracting large investments from major companies. Megasites were created to simplify things for potentially large users who do not want to go through a protracted planning process. They are basically shovel-ready land that shaves years off of a project timeline. 

Data centers have significant energy requirements. The Person County site is between a Duke Energy and Enbridge Gas power plant. Person County is 30 miles north of Durham.

The post Microsoft Buys Person County Megasite appeared first on Connect CRE.

​  Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants …
The post Microsoft Buys Person County Megasite appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News

Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants …
The post Microsoft Buys Person County Megasite appeared first on Connect CRE.