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On Thursday, Farpoint Development and Grandview Partners, along with the LaGrange Development Authority held a groundbreaking ceremony for the new Lafayette Logistics Park.

The project is located at 79 Pegasus Parkway in LaGrange, where construction has already begun in the first phase. The first two buildings in the eventual five-facility development are well underway and are expected to be completed in the spring.

The 187,600-square-foot building A is expected to be delivered by March 2025, and the larger 270,144-square-foot building B should be done in February.

LaGrange Development Authority President Scott Malone said the location is the heart and the first phase of the planned Georgia International Business Park. 

“Ultimately, there’ll be over $200 million in investment in the business park as we go forward. We couldn’t ask for much more than that,” Malone said.

Malone said the vision for the Georgia International Business Park started back in 2016.

“It’s the largest business park in the southeast, the fourth largest in the country at 10,000 acres. We have over 40 international companies from 18 different countries here. We’ve had this tremendous commitment to quality-type businesses,” Malone said.

“You think about companies that are already here, like Duracell and Kimberly Clark, Caterpillar, Weiler Forestry, Interface and Milliken. You know what’s here today. We’ve just had an unbelievable success story that continues to grow,” he said.

“The Lafayette Logistics Park now is going to be a cornerstone to the Georgia International Business Park, and a cornerstone to that is the inland port. The inland port, we started on it March of 2016, so when people think about how long these projects take, they take an enormous amount of time,” Malone said.

Malone said the new facilities are all speculation builds, meaning they don’t have buyers or renters yet, but they expect there to be demand.

“There’s this pent-up demand that’s been sitting there that’s ready to explode,” he said.

Malone said they are targeting light manufacturing for the facilities and have already begun to receive calls inquiring about the buildings.