Develop Fulton has approved a multimillion-dollar investment to strengthen one of South Fulton’s industrial corridors. The investment is expected to create hundreds of jobs for the local community. The development is also expected to significantly boost South Fulton’s tax digest.
SoFu Commerce Center to Strengthen South Fulton’s Industrial Corridor
South Fulton’s industrial corridor is preparing for a major new development with the arrival of SoFu Commerce Center. The Class A light industrial facility, SoFu Commerce Center, is scheduled to begin construction in early 2026. The development will dramatically increase the site’s property tax revenue, which currently totals $6,548 annually.
To support the development, a $28 million investment is being made. The Develop Fulton board approved a bond resolution for the project in its January board meeting. Once completed, the project is projected to generate more than $3.1 million in property tax revenue over a 10-year incentive period.
Development Details and Timeline
The project will deliver a 213,580-square-foot modern industrial facility. It is designed for distribution, cold storage, and light manufacturing. KMT and its partners will deliver this state-of-the-art Infill Light Industrial facility by late 2026, as demand for light industrial space remains strong.
The site of the project is owned by Roosevelt COSF Owner, LLC. KMT Partners, LLC will develop the site in a partnership with Roosevelt COSF Owner, LLC.
Job Creation and Community Benefits
The new development will increase the property tax to $215,386 in its first year. The $28 million capital investment is expected to create 150 permanent and 150 temporary jobs. It will contribute an overall estimated $251.8 million economic impact.
According to project leaders, the approved incentive will help offset externally driven infrastructure costs. It includes required traffic signal installation and access improvements. These will help enable safe, efficient operations and unlock private investment and job creation.
The SoFu Commerce Center represents a major investment in South Fulton’s industrial corridor. It brings job creation, increased tax revenue, and a modern infrastructure to the area. The project is expected to strengthen the area’s industrial ecosystem while positioning South Fulton for long-term economic growth.
