Wednesday, January 29, 2025–9:45 a.m.
-News Release-
Hines, the global real estate investment manager, has announced a partnership with the Aubrey Corporation, to create a new employment center and mixed-use village consisting of over 2,390 acres, in Bartow County, Georgia. Once complete, the mixed-use development will include up to ten million square feet of new manufacturing, data center, and logistics facilities as well as shops, restaurants, hotels, and a diverse offering of residential properties. A network of trails, parks, and walkways are planned to link residential neighborhoods with services and community amenities in the village core, two major employment zones, and a Bartow County public school.
“We could not be more pleased to be partnering with Hines. The 100-year family-owned values and conservation legacy are shared by both the Aubrey Corporation and the Hines family,” said Bob Neel, President of Aubrey Corporation.
The project’s strategic location at the I-75 interchange with Highway 411 and within the Atlanta MSA offers prospective employers access to a strong and growing labor force and exceptional vehicular access. The Hines-Aubrey property will become the next major employment node within Bartow County and will build upon the manufacturing legacy led by Anheuser-Busch, Toyo Tires, Girdau Steel, and Shaw Carpets and notably enriched by the new construction of a $4.5B Hyundai-SK Battery Plant and $2.5B QCells Solar Plant, which are expected to add over 5,500 jobs to Bartow County starting in 2025. With over 1,200 acres of land zoned for industrial use on two campuses, the Aubrey property creates a unique opportunity for Hines to leverage the depth of its commercial development experience and relationships to attract long-term corporate investments for a broad range of uses.
“Aubrey Village will provide a next-generation mixed-use village, unlike anything in Bartow County, that will be the foundation for economic growth and community engagement in the Atlanta suburbs,” said Michael Harrison, Senior Managing Director, Head of U.S. Sunbelt for Hines. “The project prioritizes the preservation and expansion of Bartow County’s green space and natural resources while creating a strategic mix of uses in a live-work-play-learn environment that embraces pedestrian-oriented design. We look forward to bringing this community to life and delivering much-needed housing to the community along with large industrial parks that will contribute to job creation for Bartow County.”
The mixed-use village component of the development program is planned to feature a broad array of shopping and dining options including a grocer and large-format national retailers, as well as local and regional restaurants, cafes, and shops organized around a central green space that will be activated by community events and serve as the social heart of the village. Integrated within sections of the village and connected via a path and trail network, the residential offering will be designed to serve a broad range of ages and lifestyle preferences and will house approximately 2,800 families in single-family homes, townhomes, and apartments. All sections of the master-planned development will be interconnected via Aubrey Parkway, a carefully planned primary roadway that will ensure optimal and convenient accessibility for residents, guests, and employees and limit the traffic load on existing roadways.
The project is projected to be completed over the next ten to twelve years in several phases, with Hines expecting to break ground on the initial infrastructure in late 2025 or 2026. Jim Ramseur and Samantha Wheeler with Lee & Associates represented Aubrey Corporation in venture formation and Ramseur Real Estate Advisors will act as the managing consultant for the ventures’ commercial and residential parcels moving forward.
About Hines
Hines is a leading global real estate investment manager. We own and operate $93.0 billion of assets across property types and on behalf of a diverse group of institutional and private wealth clients. Every day, our 5,000 employees in 31 countries draw on our 67-year history to build the world forward by investing in, developing, and managing some of the world’s best real estate. To learn more, visit www.hines.com and follow @Hines on social media.
¹Includes both the global Hines organization and RIA AUM as of June 30, 2024.
About Aubrey Corporation
The Aubrey Corporation is a family-owned company. Over the past century the family has focused primarily on agricultural production of various crops, while strategically adding lands, access, and infrastructure to their 20,000+ acre portfolio.
