Hartsfield Atlanta International Airport is expanding again in a move that will affect 3.4 million sf of industrial property. The airport is poised to begin a $5.4 billion, 10-year expansion program. There is good news and bad news about this project.

The bad news is that more than 3.4 million sf is going down. At least six industrial centers will be paved over for the planned fifth runway. Another six centers will be adversely affected, according to a recent survey by Ellis Daws Properties Inc. Most of the companies in the development’s path are cargo-related.

The good news is that landlords will be calling on developers to replace the demolished 3.4 million sf in a hurry. The airport pumps $14.8 billion a year into the north Georgia region economy. Hartsfield is ranked as the world’s busiest airport in passenger traffic and 21st in cargo tonnage.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.