SoFu Commerce Center Planned in South Fulton

South Fulton is poised for a major economic boost with the upcoming development of the SoFu Commerce Center, a state-of-the-art industrial facility set to bring hundreds of jobs and a significant increase in property tax revenue to the area.

A $28 million private investment will fund the construction of a 213,580-square-foot Class A light industrial building at the site along a key industrial corridor in South Fulton. The modern facility is designed for uses including distribution, cold storage, and light manufacturing.

The Development Authority of Fulton County (Develop Fulton) approved a bond inducement resolution during its January board meeting to support the project.

This incentive helps address infrastructure needs like traffic signals and access improvements, making the development viable while driving private investment.

The project is owned by Roosevelt COSF Owner, LLC and developed in partnership with KMT Partners, LLC, a minority-owned commercial real estate firm.

Currently, the property generates just $6,548 in annual property taxes.

Once complete, it’s projected to contribute about $215,386 in property taxes in the first year of the incentive period — a dramatic jump — and more than $3.1 million in new tax revenue over the full 10-year period.

Job creation is a major highlight: the development is expected to generate 150 permanent positions and 150 temporary construction jobs, for a total of around 300 jobs.

Overall, the $28 million investment is anticipated to deliver an estimated $251.8 million in economic impact for the region.

Construction is slated to start in early 2026, with completion targeted for late 2026.

Greg Boler, Managing Partner at KMT Partners, expressed enthusiasm about the project: “KMT and its partners are excited to deliver this state-of-the-art Infill Light Industrial Facility along an Historic Industrial Corridor, close to a major state route and interstates, and during a time when leasing absorption has removed most of the competition and new construction is down more than 40% from its peak. It was a pleasure working with the city’s leadership and nearby residents to garner support for this unicorn of a project.”

The project has also earned backing from nearby businesses, including operations like Wellspring, signaling strong local confidence in its potential to enhance the area’s industrial strength.

Develop Fulton Chairman Kwanza Hall highlighted the broader benefits: “Projects like SoFu Commerce Center reflect how smart public-private partnerships can deliver immediate returns for communities that include new jobs, expanded tax base, and modern infrastructure while positioning South Fulton for long-term economic competitiveness.”

This development marks an exciting step forward for South Fulton’s growth, blending job opportunities, infrastructure upgrades, and fiscal gains for residents and the city. Stay tuned for updates as construction gets underway!