April 9, 2018
City of College Park Selects Ackerman & Co. to Broker the Sale of a 320-Acre Site for ‘Airport City College Park’ Project
Ackerman & Co.’s Steve Langford to serve as the exclusive broker for the major mixed-use project near Hartsfield-Jackson Atlanta International Airport
ATLANTA, April 9, 2018 – Ackerman & Co. announced today that the City of College Park has selected the firm, as exclusive broker, to sell land within a 320-acre site that will become Airport City College Park. The planned $1-billion, mixed-use development will leverage the site’s proximity to Hartsfield-Jackson Atlanta International Airport to offer a destination location featuring a mix of Class A office and medical office space, specialty retail, entertainment venues, high-end hotels, and multifamily and single-family residential.
Steve Langford, senior vice president of Investment Sales at Ackerman & Co., will market the land parcels for sale on behalf of the City of College Park. AAC Group Inc. has been selected as the master developer and Wakefield Beasley will serve as the project architect.
“We’re proud to be selected by the City of College Park as the broker for this transformative project and are excited to team with the City to help it create a wide-ranging mix of development that will benefit the College Park community and the Atlanta region as a whole, a mission shared by Aerotropolis Atlanta,” said Steve Langford.
The site is located in the heart of Aerotroplis Atlanta, a development zone surrounding the Airport. Aerotropolis Atlanta has already attracted a significant amount of high-profile development, including the new headquarters for Porsche Cars North America.
“The appeal of this project will be far-reaching and should attract end-users locally, nationally and internationally. In addition to corporate headquarters, I am targeting technology, hospitality and medical firms as well as specialty retail and chef-driven restaurants for the development,” added Langford.
Located off Camp Creek Parkway and Main Street in the city of College Park, the project will showcase a number of “smart city” components, including autonomous electric shuttle vehicles, as well as excellent walkability via a network of walking trails and a pedestrian bridge that will connect the project to the Georgia International Convention Center. Only one mile from the Airport, the project is directly across the street from the College Park MARTA rail station and in close proximity to I-75/I-85 and I-285.
Langford will work closely with both AAC Group and City of College Park representatives, including Artie Jones III, director of Economic Development for the City of College Park, in marketing the land for sale.
“As a company that was instrumental in the creation of the Airport South Community Improvement District, Ackerman has demonstrated a strong commitment to boosting economic development in College Park and the Southside of Atlanta. We look forward to working with Steve Langford and the rest of the Airport City project team to realize the vision for this site,” said Jones.
Now in the master-plan phase, Airport City College Park will feature 4 million square feet of office and medical office, up to 1,000 hotel rooms, and 600,000 square feet of retail and entertainment. Residential options (up to 1,000 units) will include luxury and affordable apartments, townhomes, senior living residences and single-family homes ranging from $200,000 to more than $1 million.
The 320-acre site is near a number of projects either completed or currently under way within Aerotropolis Atlanta, including the Porsche Experience Center, the Solis Two Porsche Drive Hotel, the Chick-fil-A headquarters & tour, Delta Air Lines headquarters, Delta Flight Museum, a BMW training facility and a new multi-purpose arena that will be home to the Atlanta Hawks G-League Team.
Infrastructure development is slated to begin no later than the end of 2018. For more information about available land in Airport City College Park, contact Steve Langford at firstname.lastname@example.org
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 35 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com