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Industries Served:
Infrastructure
Manufacturing
Services Associated:
Financial Services Asset Management
Issue

A 3.6 million sq. ft. General Motors (GM) manufacturing facility needed to be redeveloped into a 165-acre, transit-based development in the Atlanta metro area. This $10 billion development would be completed over 10 years.

Action

CAMS became the managing general partner in the purchase, demolition, remediation, and redevelopment of the former GM facility. We completed asbestos abatement and demolition of the above-ground structure, and completed subsurface environmental remediation resulting from decades of heavy industrial use. Installation of all utilities, such as water, sewer, power, and fiber optics in accordance with the city’s approved Master Plan were completed. CAMS then sold parcels in accordance with that plan.

Results

CAMS negotiated with local, state, and federal agencies to obtain $350 million in public funding for infrastructure construction. We also enrolled the project in the Georgia Protection Divison’s Brownfield Redevelopment Program.

$350 million in public funding obtained for infrastructure construction related to a $10 billion redevelopment project

$350 million

in public funding obtained

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