A development company has purchased an 880-acre economic development in Hardeeville that can house up to 6 million-square-feet of warehouse and industrial space.
The buyer, North Point Development, which has offices in Mount Pleasant and Savannah, is finalizing site plans for the South Atlantic Logistics Terminal, with an anticipated groundbreaking in the first half of 2022.
Phase I of the project represents $ 200 million in capital investment. At full buildout, the project is expected to generate more than 550 jobs.
Principal of North Point Development Mark Hall said the company has worked with the City of Hardeeville, Jasper County and the Southern Carolina Regional Development Alliance to make this development happen.
“The combination of a strong market, strong partnerships like these, along with great regional alliances with the Georgia Port Authority and SEDA, we feel we can deliver a great project to the region,” Hall said in a statement.
The South Atlantic Logistics Terminal is located along I-95 and I-17, about 15 minutes from the Port of Savannah.
Hardeeville Mayor Harry Williams said the development will “forever change the landscape” of Highway 17 in both Jasper County and Hardeeville.
“This critical corridor running parallel to I-95 between Exit 5 and the new Exit 3 will be known as the road to success for hundreds of the region’s workforce who are looking to achieve a higher quality of life with good-paying jobs heretofore unavailable in this part of the state,” Williams said. “It will also be a valuable source of new funding for our schools, who are looking to attract the best teachers in the state.”
Investments like North Point Developments will help the state attract future investors to the corridor, said Marty Sauls, chairman of Southern Carolina Regional Development Alliance.
“Sites like this one will create more opportunity and bring high-quality jobs for the hardworking citizens of South Carolina,” Sauls said in a statement. “I am thankful to our allies at North Point Development, as well as Jasper County and the City of Hardeeville for their partnership and support on this important project.”