Amazon is doubling down on metro Atlanta, snapping up a more than 1.1 million-square-foot warehouse and surrounding acreage in South Fulton for nearly $130 million, a move that plants the ecommerce giant even deeper in one of the region’s busiest industrial corridors. Company and county filings show the property has been sitting idle since Amazon consolidated some last-mile operations, and local officials say the purchase is expected to be followed by a multihundred-million-dollar modernization that could bring hundreds of construction jobs and several hundred permanent positions if it all comes together.
As first reported by the Atlanta Business Chronicle, Amazon paid nearly $130 million to acquire the complex, which includes a roughly 1.1 million-square-foot building and more than 100 acres around it. That outlet reported the deal effectively caps a long-running effort by Amazon to lock down a campus it had been leasing while it weighed a permanent plan for the property.
The warehouse sits at 7055 Campbellton Road and was built in 2020 as the Chattahoochee Logistics Center, according to the Atlanta Journal-Constitution. The Development Authority of Fulton County board has already given preliminary approval for roughly $16 million in property tax savings tied to the proposed overhaul, and county records show the broader parcel group carried a pre-sale assessed value in the tens of millions of dollars.
Project Scope And Incentives
Economic development officials say this is not just a fresh coat of paint. Develop Fulton has approved a bond resolution to advance a potential $500 million reinvestment that would remake the Campbellton Road campus into a robotics-enabled, first-mile fulfillment operation, with about 750 full-time jobs on the table plus hundreds of construction roles. The authority said in a release, reprinted by regional outlets, that the deal structure includes a protective tax floor and could generate more than $36 million in new tax revenue over the next decade if Amazon moves ahead with the full buildout…