1,500 New Jobs for Georgia
The Joint Development Authority (JDA) of Jasper, Morgan, Newton and Walton Counties and TPA Realty Services are pleased to welcome global healthcare giant Baxter International Inc. (NYSE: BAX) to Stanton Springs, a 1,620-acre comprehensive master planned community approximately 40 miles east of metro Atlanta on Georgia’s I-20 corridor. Stanton Springs is a joint development of TPA and the JDA, a public-private partnership formed in 2000.
Baxter, a leader in biologic medical therapies, today announced plans to build a state-of-the-art plasma fractionation facility to support the company’s growth prospects and create new jobs. The more than 1 million square foot facility represents a 5-year investment of more than $1 billion. The company is acquiring 160 acres in Stanton Springs for this purpose.
Baxter’s decision was based on a number of factors, including the fact that Stanton Springs is a greenfield site suited to the facility’s operations and allows space for potential future growth. The site’s location offers proximity to plasma collection centers in the United States, and the four-county area provides ample local resources, including availability to water, utilities, international transportation and a strong pool of potential employees.
“We are thrilled that Baxter chose Stanton Springs as the site for its state-of-the-art facility, bringing an estimated 1,500 new jobs toGeorgia,” notes Alan Verner, JDA Chairman. “The company’s selection is the result of many years of hard work by the State of Georgia, the JDA and TPA, and only made possible through our communities’ ongoing support.
“From the beginning, it has been our mission to bring quality jobs to the region, and now that Baxter has selected Stanton Springs, these quality jobs are a reality.”
Paul Michael, TPA’s vice president, explains that the Stanton Springs location offers a number of attractive features to any business seeking to expand or relocate. “Stanton Springs has interstate visibility on I-20 and interstate accessibility by way of a full diamond interchange. The site is fully entitled and received Georgia’s GRAD certification in 2010. In addition, both Newton and Walton counties have obtained Georgia WorkReady status.
“Our region is quickly becoming recognized as a superior business location for the healthcare industry, particularly bio-science,” Michael continues. “Support from state leaders and organizations such as the Centers for Disease Control and the outstanding talent and resources from Georgia’s higher education system will continue to position the greater Atlanta area as a leader in this industry.”
The vision for the Stanton Springs project was formulated in the mid-90s when community leaders in the four-county area saw a need to create a primary, self-sustaining employment center that was master-planned to attract leading companies to the region.
In 2000, the JDA and TPA formed a public-private partnership to promote and develop the Stanton Springs development. TPA was invited based on its almost 40 years of experience in the greater metropolitan Atlanta market, and its outstanding successes developing large-scale business and mixed-use developments, such as Technology Park/Atlanta and Technology Park at Johns Creek, winner of the International FIABCI Prix D’Excellence.
“There has been a major long-term commitment to the Stanton Springs project and mission that has been championed by incredibly talented professionals over the years,” says Rick Bradshaw, TPA’s president and managing principal.
“Both the JDA and TPA set out with a clear vision of what this project needs to be. Baxter is a perfect fit, and the company is going to be a strong corporate neighbor for many years to come,” Bradshaw says.
Baxter International Inc., through its subsidiaries, develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. As a global, diversified healthcare company, Baxter applies a unique combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide.
Baxter manufactures products in 27 countries and sells them in more than 100. These products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices, clinical and medical research laboratories, and by patients at home under physician supervision.
In 2011, sales totaled $13.9 billion globally, with almost 60 percent of sales coming from outside theUnited States.
Baxter employs approximately 48,500 people worldwide.
About the Joint Development Authority of Jasper, Morgan, Newton and Walton Counties:
Jasper, Morgan,Newton and Walton Counties created the JDA in 1998 with the specific purpose of developing a major employment center along I-20 that would accomplish two important goals:
- Attract high-level technical, professional and research oriented jobs for area residents
- Generate a long-term significant tax base for the four counties
To achieve this objective, the JDA pooled its member county resources to acquire nearly 1,600 acres of property at the intersection of Hwy. 278 and I-20. It also developed a unique formula designed to promote intra-county and regional cooperation, while at the same time providing businesses a single point of contact for taxes, utilities, permitting and license, as well as other services.
In 2000, the JDA entered into an agreement with TPA Realty Services to acquire and develop the property along the lines of the Technology Park at Johns Creek community, TPA’s award winning mixed-use development located in North Fulton and South Forsyth counties.
The JDA is governed by an eight-member board, made up of two representatives from each of the four member counties. One member must be a member of that county’s Board of Commissioners and the second must be a private citizen appointed by each county’s board of commissioners.
About TPA Realty Services, LLC:
TPA Realty Services is a full-spectrum real estate solutions provider, delivering services in the areas of leasing, property management, build-to-suit, land sales, construction management, financial services and large-scale mixed use development via public-private partnerships. Most often noted as the developer of Technology Park/Atlanta and Johns Creek, TPA also developed Lenox Park prior to its sale to BellSouth and is currently developing four other projects in Georgia: The Bluffs in Cherokee County; Stanton Springs, near Covington, Ga.; Interstate Centre, near Savannah; and Highland 75 in Cartersville/Bartow County. For more information, visit tpa.res.com.