Georgia Power Acquires Major Warehouse for $112 Million

Georgia Power's recently acquired warehouse in Jackson, GA

News Summary

Georgia Power has completed the purchase of a new warehouse and undeveloped land in Jackson, GA, for approximately $112 million. The acquisition includes a Class A industrial facility within the River Park 10 development, aimed at meeting the growing energy demands from industrial projects, particularly data centers. This reflects the significant increase in the state’s energy needs and ongoing discussions about energy infrastructure and employee conditions in the warehouse sector.

Jackson, GA – Georgia Power, the state’s leading electric utility, has acquired a newly constructed warehouse along with undeveloped property for around $112 million. The transaction, finalized at 750 Logistics Parkway in Jackson, GA, includes the warehouse price of approximately $94.75 million.

The warehouse is part of the River Park 10 development, an expansive project that spans over 1,100 acres and aims to include more than 21 million square feet of industrial and commercial buildings. Completed in late 2024, the 825,000-square-foot Class A industrial facility is designed for high-volume operations and features advanced infrastructure suited for logistics, manufacturing, and utility usage. It was previously developed by ICM Property Group in collaboration with Waterloo Partners.

The growing energy demands from industrial projects, particularly data centers, have prompted Georgia Power to increase its energy production capacity. Reports indicate that the state is currently housing over 50 data centers, with construction in the Atlanta market witnessing a significant 76% surge year-over-year. This rise reflects the heightened requirement for power-intensive technologies and infrastructures.

Mid-sized data centers alone are estimated to consume up to 300,000 gallons of water daily, which is comparable to the water usage of 1,000 homes. Additionally, such data centers use between 1-5 megawatts of power daily, equating to the energy demands of between 500 and 5,000 Georgia households.

To address the increasing strain on energy resources, the Georgia Public Service Commission has sanctioned an additional 3,300 megawatts of new power generation capacity set for completion by 2027. However, skepticism persists among ratepayers regarding the utility’s capacity to manage costs effectively without transferring the burden onto consumers. Since 2023, Georgia Power has implemented six energy rate increases.

In 2023, Georgia’s total electricity consumption reached approximately 142 million megawatt-hours, with in-state plants producing 129 million megawatt-hours and 25 million megawatt-hours imported from other states. Reports suggest that Georgia is one of the top states for importing electricity, indicating a reliance on external power resources.

The surge in electricity demand is likely to expedite investments in infrastructure upgrades for transmission and distributed energy solutions such as rooftop solar. However, balancing the desire to expand fossil fuel generation with sustainable energy practices remains a significant challenge.

Simultaneously, as the economic landscape shifts with the increase in automation and data center construction, there are ongoing discussions about improving working conditions for warehouse employees. A special study committee has been established to address resource planning for economic development projects in Georgia, focusing on the implications of artificial intelligence and the escalating need for data centers.

This latest investment by Georgia Power highlights the dynamic intersection between utility operations and the growing tech-driven economy in Georgia, showcasing how infrastructure development is responding to modern energy demands.

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STAFF HERE AUGUSTA WRITER
Author: STAFF HERE AUGUSTA WRITER

AUGUSTA STAFF WRITER The AUGUSTA STAFF WRITER represents the experienced team at HEREAugusta.com, your go-to source for actionable local news and information in Augusta, Richmond County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Arts in the Heart Festival, Westobou Festival, and Masters Week. Our coverage extends to key organizations like the Augusta Metro Chamber of Commerce and Greater Augusta Arts Council, plus leading businesses in manufacturing and healthcare that power the local economy such as Textron Specialized Vehicles, Cardinal Health, and Nutrien. As part of the broader HERE network, including HEREAtlanta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.

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