Listen To This Post
Spartanburg, South Carolina-based Johnson Development Associates has been issued a land development permit for its I-285 Logistics Center project in Northwest Atlanta, city of Atlanta records show.
The 237,515-square-foot, 48-foot-tall project will rise in the Bankhead/Bolton neighborhood on a roughly 17-acre vacant wooded lot bordered by Fulton Industrial Boulevard to the north, Donald Lee Hollowell Parkway to the east, Bolton Road to the south, and a church property to the west. The project site is less than a quarter-of-a-mile up Donald Lee Hollowell Parkway from an on-ramp to Interstate 285.
The land development permit issued this month lists a construction cost of $3.5 million and follows the developer receiving approval for a special exception to reduce required onsite parking from 415 spaces to the planned 172.
The project is being marketed to potential tenants by Colliers International Vice President Harrison Marsteller and Senior Associate Hooper Wilkinson, according to an online listing. The listing shows that the industrial warehouse will feature a clear height of 36 feet and 40 exterior dock doors.
A marketing flyer shows that Johnson Development Associates has entered into a 10-year “Bond for Title” agreement with the Development Authority of Fulton County beginning this year. Tax abatement savings from the agreement potentially amount to $2.25 per square foot, according to the flyer.
The project architect is listed in building plans as Macgregor Associates Architects.
Johnson Development Associates is part of The Johnson Group, which is also based in Spartanburg. It has developed almost 30 multifamily properties, more than 25 million square feet of industrial space, and 62 self-storage facilities across the country, according to its website.