This Week's Atlanta Deal Sheet: Atlanta's Aviation Administration Center Nearing Takeoff
Plans for a new Atlanta Department of Aviation headquarters right next to Hartsfield-Jackson Atlanta International Airport are taxiing down the runway.
New South Construction filed an application with the city, which owns the world’s busiest airport, to begin site work at 6000 North Terminal Parkway to make way for the $242M, four-story Aviation Administration Center. Cost for the site work is $7.5M, according to the application.
The land was formerly used as an economy parking lot before it was abandoned years ago for a hotel development that never materialized, the Atlanta Journal-Constitution previously reported. The 200K SF aviation administration building will be home to up to 700 employees who are now spread across different areas of the airport, according to the AJC. The facility is reported to be set to deliver in the second quarter of 2026, according to the AJC.
DEVELOPMENT
Solarcycle is planning to develop a $344M solar glass manufacturing plant in Cedartown some 70 miles to the west of Downtown Atlanta in Polk County, Georgia Gov. Brian Kemp announced Thursday. The facility, to be located at the Cedartown North Business Park, will recycle old solar glass panels to create new ones and should be open in 2026.
The Georgia Department of Economic Development Senior Project Manager Mellissa Takeuchi led the incentive discussions for the state. The facility, billed as the first in the country to turn materials from recycled solar panels into solar glass, is expected to create more than 600 jobs.
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Wellstar Health Systems filed a letter of intent this week with the Georgia Department of Community Health for a 56-acute bed, eight-story hospital tower attached to its Paulding Medical Center campus in Hiram. The cost of the tower, if approved by regulators, would reach $305M.
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H2A Corporation Architecture & Design filed an application to develop a four-story, 114K SF storage facility at 4100 Campbellton Road in Fairburn. The project is slated to cost $7M.
LEASES
Catering company Proof of the Pudding inked a long-term lease for 13K SF at Westside Paper at 950 West Marietta St. in West Midtown. MCM Realty Partners founder Lee Cardwell and Colliers Senior Vice President Andrew Walker and Associate Lauren Holmes represented Proof of the Pudding. Bridger Properties Director Shelbi Bodner represented Westside Paper’s owners, Third & Urban and FCP.
SALES
Houston-based 5Rivers CRE purchased Fayette Pavilion, a 1.1M SF open-air shopping center, from Nuveen Real Estate for an undisclosed sum. The center, considered the largest in Georgia, is home to such tenants as Publix Super Markets, Hobby Lobby, Marshalls, PetSmart, Old Navy and Dollar Tree.
CBRE Managing Director Chris Decouflé, Senior Vice President Kevin Hurley and Vice President Matt Karempelis brokered the sale.
PERSONNEL
Hyatt Hotels appointed Kristi Cotten-Morris as the general manager of the Grand Hyatt Atlanta Buckhead, tasked with oversight of hotel operations and staffing as the hospitality giant begins a multi-phase renovation this year. Cotten-Morris has spent 27 years with Hyatt, beginning as a desk agent at Hyatt Regency Hilton Head Island in 1997.
Most recently, Cotten-Morris was general manager of the Hyatt Centric Buckhead Atlanta.
