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ATLANTA-New area industrial development activity shortly could include the construction of Panattoni Development Co.’s 757,200-sf distribution center in nearby Union City, GA at an estimated hard construction cost of $38 million and Atlanta Auto Auction’s 10,000-sf building with parking for 3,500 vehicles in unincorporated Fulton County at an estimated development cost of $500,000.

Both projects need approval from the Atlanta Regional Commission. Panattoni’s Goodson Distribution Center would be at Shannon Parkway South and GA 138, near the 764,740-sf, 24-year-old Shannon Mall. The project is tentatively scheduled for completion by 2007, area industrial brokers tell GlobeSt.com.

Atlanta Auto Auction, also known as the Georgia Dealers Auto Auction, has set a first-quarter 2006 completion date for its planned facility at Campbellton Road and Fulton Industrial Boulevard in the Atlanta Gateway Industrial Park.

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