Hodges' principals couldn't be reached at GlobeSt.com's publication deadline. But area industrial brokers familiar with the Southside submarket tell GlobeSt.com the developer is shooting for an August completion.
Hodges is racing against rivals Lincoln Property Co., Highwoods Properties Inc., Seefried Properties and J.A. Green Development. They have or are planning near-future projects in the area along Oakley Industrial Boulevard where the Hodges project is planned.
Hodges owns the land where the spec center will be built and has about $3.5 million of its own money already invested in the venture, according to a published report. Hodges has about 250 acres left to develop in Southpark. The development firm is based in Vinings, GA and is affiliated with New York-based Blackstone Real Estate Advisors.
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