Dayton Street Partners, a Chicago based real estate firm, announced it will break ground on a 548,000 square foot unit on Highway 280 in Ellabell. DSP I-16 Logistics Center will be located one mile from the Hyundai plant, which is set to open in 2025.
“The biggest thing for us with this project specifically is it has frontage to Highway 280 and it is within two miles of I-16,” said director Joe Moriarty. “I-16 carries plus or minus 70% of the product going out of the Port of Savannah.”
The facility is being built to support growth at the port, with the possibility of becoming home to a Hyundai supplier. The unit will feature a reload facility, and auto and trailer parking among other amenities.
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“We've had various suppliers that have kind of reached out just with high level inquiries,” said Moriarty. “By no means do we have anything locked up at this point. But we do foresee suppliers reaching out, and potentially something happened there. I-16 is a major thoroughfare for goods leaving the port. And that's really the investment thesis. It's just immediate access to 16. And we think it's a perfect location for routing goods to and from the ports.”
Construction of the building will begin next month and is scheduled for completion in October 2023. Moriarty applauded officials in Bryan County for helping his team get the green light to start turning dirt next month.
“Bryan County has been tremendous to work with,” said Moriarty. “They are really a first-class municipality and they've been a big part of us being able to get to this point.”
Latrice Williams is a general assignment reporter covering Bryan and Effingham County. She can be reached at lwilliams6@gannett.com.
This article originally appeared on Savannah Morning News: Dayton Street Partners set to open on facility near Hyundai plant