Thursday, April 2, 2009

Jacoby Development and Suniva Make Solar Commitment to Aerotropolis Atlanta

Two Georgia Companies Aim to Create “Green Collar” Jobs

ATLANTA--(BUSINESS WIRE)--In a major partnership agreement signed this week, Jacoby Development, Inc., developer of smart growth and sustainable development national model Atlantic Station, and Suniva, a Norcross based manufacturer of high efficiency solar cells, will collaborate on incorporating solar technology into Aerotropolis Atlanta, the redevelopment of the former Hapeville Ford Plant adjacent to Hartsfield-Jackson Atlanta International Airport.

The initial phase of the partnership includes the planned installation of up to 10 MW of solar power in the main parking structure of the redevelopment.

“Partnering with Suniva at Aerotropolis Atlanta promises to deliver environmental sustainability and economic development by bringing a Georgia company to the table with us,” said Jim Jacoby, (top right photo) Chairman and CEO of Jacoby Development Inc.

Aerotropolis Atlanta, a 6.5-million-square-foot, 130 acre mixed-use redevelopment will be an aviation-intensive business district expected to include office, retail, restaurant, hotel and airport parking.
And Suniva has been widely recognized, most recently in Governor Sonny Perdue’s (bottom right photo) State-of-the-State address, as a stand out company in the renewable energy sector – bringing new technology and green jobs to Georgia.

“Building a new commercial center to attract jobs to the site of a former automotive plant is a great example of how American business reinvents itself, bringing new life and new opportunity to the community through innovation and hard work,” said Suniva CEO John Baumstark.(top left photo)

While the partnership between Jacoby Development and Suniva will begin with Aerotropolis Atlanta’s parking structure, both companies say they are investigating more opportunities to work together at this site and other projects.

Contacts:
Antenna Group for Suniva, Wendy Rosen, 415-977-1930, wendy@antennagroup.com or

Jacoby Development, Howard Lalli, 404-455-0348, howard@hlstrategy.com

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