Hines and Aubrey Corporation Unveil Atlanta Suburb Development
Deal News | Jan 29, 2025 | Hines Interests LP
Hines, a global real estate investment manager, has partnered with the Aubrey Corporation to develop a substantial mixed-use village and industrial park in Bartow County, Georgia. Covering over 2,390 acres, this ambitious project aims to offer up to ten million square feet of new manufacturing, data center, and logistics spaces, alongside residential areas, retail shops, and diverse dining options. The development is strategically located to benefit from strong local workforce availability and will continue Bartow's industrial legacy, enhanced by nearby developments like the Hyundai-SK Battery and QCells Solar Plants. The initiative will be built over a span of ten to twelve years and is expected to transform Bartow County into a significant economic hub with a pedestrian-friendly design linking various community amenities. Hines’ involvement underscores its strategy to attract long-term corporate investments, while the Aubrey Corporation transitions from an agricultural base to a diverse property developer. The development is expected to have a significant economical and employment impact in Bartow County, with construction beginning between 2025 and 2026.
Sectors
- Real Estate
- Infrastructure
- Commercial Development
Geography
- United States – The development project is located in Bartow County, Georgia, in the United States.
- Georgia – The specific state in which the real estate development is taking place.
Industry
- Real Estate – The article focuses on a major real estate development project involving mixed-use industrial and residential construction.
- Infrastructure – It discusses the creation of industrial parks and residential zones which require significant infrastructure development.
- Commercial Development – The development includes logistics facilities, retail spaces, and other commercial real estate components.
Financials
- $4.5B – Cost of the new Hyundai-SK Battery Plant near the development.
- $2.5B – Cost of the QCells Solar Plant near the development.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hines | Developer | Company | A leading global real estate investment manager involved in the development project. |
| Aubrey Corporation | Development Partner | Company | A family-owned company partnering with Hines to develop the mixed-use project. |
| Jim Ramseur | Consultant | Person | Represented Aubrey Corporation in venture formation and acts as the managing consultant. |
| Samantha Wheeler | Consultant | Person | Worked with Jim Ramseur in representing Aubrey Corporation. |