Taylor & Mathis Starts on 170,000 SF at Chastain Meadows

The developer is making a $12-million investment on two spec structures at its 230-acre Chastain Meadows business park in the Kennesaw/Town Center submarket of northwest Atlanta. They are the 86,086-sf Building 100 and the 83,895-sf Building 200. The buildings, offering light-industrial, office and distribution space, are tentatively scheduled for delivery by the fall, says Hamilton Reynolds, president of the company's Industrial Division.

"The Northwest Atlanta submarket has been fairly tight for some time with very little vacancy," Reynolds says. "The demand is there and since we're already so well-positioned with our location, access and proximity to amenities and housing, it's simply the right time-right place."

The company is also making sure to provide a mix of product choices. "Building 100 is 200 feet deep and is best suited for a 16,000-sf minimum tenant, while Building 200 is 140 feet deep and can accommodate smaller tenants in the 10,000-sf range," says Mike Irby, director of leasing the Industrial Division.

Irby says both buildings offer rear loading space and dock doors, with up to three per bay, 24-foot ceiling height and 200-foot truck courts. The buildings are on the southwest side of Chastain Meadows which is less than one mile from the full-diamond interchanges at both Interstate 575/Chastain Road and Interstate 575/Barrett Parkway. Chastain Road, spanning south almost to Barrett Parkway, borders the park on the north.

Taylor & Mathis' Industrial Division currently has more than one million sf of industrial product under development and has developed a total three million sf of industrial space alone.

The new development of the new space comes as Taylor & Mathis awaits a decision from the Georgia Department of Community Affairs on its proposed 1.8-million-sf industrial and distribution center in suburban Fairburn, about 10 miles southwest of Downtown Atlanta, as GlobeSt.com previously reported.