A real estate investment firm that specializes in industrial projects is moving forward with the first development of its kind to be built inside Atlanta’s Interstate 285 Perimeter in nearly two decades, officials announced today.

The blank-slate site in question is also within walking distance of Chamblee’s booming downtown and mass-transit hub—albeit on the opposite side of the tracks.

Stonemont Financial Group has closed on 30 vacant acres fronting both Chamblee Tucker Road and Chamblee Dunwoody Road, across the street from DeKalb-Peachtree Airport’s runways.

The site is roughly a half-mile east of MARTA’s Chamblee station and the city’s de facto Main Street, Peachtree Road, where dining and housing options have multiplied in recent years. Not exactly a haven for Amazon semi-tractors.

The 30 acres where Chamblee International Logistics Park has come together (shown prior to construction), just north of the area's airport. Courtesy of Stonemont Financial Group

Stonemont is partnering with Seven Oaks Company to build a 236,000-square-foot, four-building complex called Chamblee International Logistics Park. Six acres of the property will be left for future development, the company announced today.

Stonemont reps are calling the industrial park the first modern, concrete tilt-wall warehouses to go up ITP since 2003. It’s an effort to meet record-breaking e-commerce and third-party logistics demand from a location near I-285 and the DeKalb airport that project officials call strategic. (Vacancy rates for industrial space around metro Atlanta dipped to a low 3.7 percent in the second quarter, per Stonemont.)

Courtesy of Stonemont Financial Group

Officials cited Chamblee’s high population growth and relatively low home prices as another reason for building in the DeKalb County city. Stonemont is also developing industrial facilities in Braselton, northeast of Atlanta, and Kennesaw.

Chamblee International Logistics Park is scheduled to break ground this month and deliver—quickly—in the second quarter of 2023.

Courtesy of Stonemont Financial Group

The team also includes Ware Malcomb architects, civil engineering firm Kimley Horn and Associates, and general contractors Catamount Constructors.

• Recent Chamblee news, discussion (Urbanize Atlanta)