Carter & Associates will develop Meadow Church Office Park, a $210 million, 1.2 million-sf venture in the northeast quadrant of the metro area. The 101-acre tract was assembled among 10 sellers. Carter paid $13.6 million or $134,653 per acre ($3.09 psf), according to Atlanta-based Databank Inc.

Meadow Church Office Park will consist of eight 150,000-sf buildings, with the first to open possibly as early as 2002. Carter plans both spec and build-to-suit development for the property. Rental rates in the area for class A space have been averaging $18.22 psf.

Gwinnett County has experienced seemingly non-stop growth in residential, retail and commercial development over the last 10 years.

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