Logistics Developer Pitches Data Center Campus Near Atlanta
A new entrant into the data center development space is planning a large-scale campus outside Atlanta.
A subsidiary of industrial developer Strategic Real Estate Partners filed plans with Georgia officials last week to build a three-building data center campus in Conyers, a suburb about 20 miles southeast of Atlanta. First reported by the Atlanta Business Chronicle, the Rockdale Technology Park would see 838K SF of data center space built on 53 acres of undeveloped land.
SREP plans to complete the project in 2028.
No specific tenant or operator was named in SREP’s filing with Georgia’s Developments of Regional Impact program, nor was the total power consumption planned for the site disclosed. The parcel would need to be rezoned to allow data centers for the project to move forward.
This is the first data center project for Atlanta-based SREP, which filed plans for the Conyers campus through its SDP Acquisitions subsidiary. SREP specializes in developing logistics and warehouse facilities in Georgia and North Carolina and also operates a brokerage and advisory business focused on that sector.
Should the company’s Conyers project come to fruition, SREP would join a growing list of logistics developers trying their hand at data centers. Among them is industry giant Prologis, which has partnered with data center provider Skybox to develop facilities in Texas. Virginia developer Chuck Kuhn, whose JK Moving Services is a major player in the logistics space, has also branched into data centers with multiple projects in Northern Virginia.
There are no existing data centers in Conyers, but SREP’s filing marks the second such project proposed in the last three months. In December, data center provider DC Blox submitted plans for a campus in Conyers that could exceed 1M SF with more than 200 megawatts of capacity.
The two Conyers projects add to a Georgia data center market experiencing unprecedented growth. As of January, 18 data center developments were underway across the state, according to an analysis by The Atlanta Journal-Constitution.
Among them are campuses from Edged Energy and DataBank, which are building a combined 300 MW in Atlanta. Microsoft is building a 350-acre campus 70 miles outside Atlanta in Rome, with Switch reportedly building a hyperscale facility a few miles away in the town of Cartersville. Last month, Amazon acquired 430 acres in Covington for data center build-out, while T5, Stack, Vantage, and Flexential are among the major data center firms that also have projects underway in the state.
But even amid this growth, there could be speed bumps ahead. Atlanta could soon begin to see power constraints that have slowed new development in other major digital infrastructure hubs, while some lawmakers are looking to pause targeted tax incentives that have played a significant role in drawing data centers to the state.