The foundation acquired the site from UPS in 2006.
The first phase includes plans to repurpose shipping containers for shops and office space, as well as land set aside for green space, said Dillon Baynes, an executive with Columbia Ventures, a partner in Columbia Core. An existing 61,000-square-foot building will be converted for creative work spaces for entrepreneurs, as well as space for light industrial work such as furniture makers and artists.
Developers also plan to prepare three developable pads for future construction, new roads, utilities and a spur to the future Beltline path. The first phase should open by next summer, Baynes said.
A second phase, that will likely include a denser concentration of commercial and industrial space, also is planned.
“The mantra we have for the project is: 10 years, 1,000 local jobs and 1 million square feet of development,” Baynes said.
Developers and the Casey Foundation will place a priority on hiring throughout local neighborhoods, Baynes said.
A news release said the foundation and developers have a goal that local residents will total half of new hires for entry- and mid-level jobs.