Aerotropolis Atlanta

Last updated
Aerotropolis Atlanta
Headquarters,
Key people
Shannon James, President & CEO; Brian Dorelus, Senior Project Manager; Chante Foster, Marketing & Communications Manager; Valencia White, Executive Assistant
Website Aeroatl.org

Aerotropolis Atlanta is a planned mixed-use development in Hapeville, Georgia on the site of the former Ford Atlanta Assembly Plant. The site is directly adjacent to Hartsfield-Jackson Atlanta International Airport. The complex is to house offices, retail, and entertainment.

Contents

The plant was purchased for over $40 million by Jacoby Development, Inc. in June 2008. [1] Demolition of the plant began in August 2008 and was expected to take one year.

In May 2011 Porsche North America announced plans to spend $80-100 million to move its North American headquarters from Sandy Springs to Aerotropolis Atlanta, including a new office building and test track. [2] [3] Porsche will receive about $15 million in economic incentives to do so including a $10 million tax break as Aerotropolis is in an "enterprise zone". [4] In August 2012, Porsche building permit filings with the City of Atlanta revealed more details of the project's ambitious scope and cost. [5]


Initiatives

In addition to the redevelopment in the area, AeroATL is also reinvesting in the community, by focusing on economic, [6] community, [7] and logistical [8] development, with the goal of helping the area prosper.


2024 Leadership Structure

There is an executive committee, made up of prominent community members and investors, as well as a Board of Directors


Investors

AeroATL has taken on several large investors for the project the likes of Delta, Chick-fil-A, Porsche, Georgia Power, and more.

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<span class="mw-page-title-main">Hapeville, Georgia</span> City in Georgia, United States

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References

  1. "Ford sells Hapeville plant site to Jacoby Development". June 12, 2008.
  2. Porsche North America HQ to leave Sandy Springs for ex-Ford plant | ajc.com
  3. "Mayor Kasim Reed and Governor Nathan Deal Announce Porsche to Build New U.S. Headquarters in Metropolitan Atlanta", City of Atlanta Online Archived June 11, 2011, at the Wayback Machine
  4. "Porsche HQ relo draws $15M in incentives", Atlanta Business Chronicle, 2011-05-12
  5. "Porsche's new headquarters, test track, costing $466 Million more than expected", What Now Atlanta, 2012-08-10
  6. "Economic Development Collective".
  7. "Community Development Collective".
  8. "Workforce Initiatives - Hospitality".

33°39′2.78″N84°24′6.60″W / 33.6507722°N 84.4018333°W / 33.6507722; -84.4018333