(To read more on the industrial market, click here.)
FAIRBURN, GA-Locally based Taylor & Mathis has filedpreliminary plans with the Georgia Department of Community Affairsfor a Development of Regional Impact that is expected to have atotal 1.8 million sf of industrial and distribution space in thisAtlanta suburb.
Area construction sources familiar with comparable projects tellGlobeSt.com the project's estimated development cost could reach$864 million. The general contractors base their estimate on aprobable hard construction cost of $45 to $50 per sf. Duke RealtyCorp. has built similar ventures in metro Atlanta for about $45 persf, as GlobeSt.com previously reported.
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