Hapeville, Georgia – The Ford Motor Company has announced the sale of its Atlanta Assembly Plant property in Hapeville, Georgia to Jacoby Development Inc. Atlanta Assembly opened in 1947 and built a variety of models, including the Ford Fairlane, Fairmont, Falcon, Galaxie, Granada, LTD, Ranchero, Torino, Thunderbird, Marquis, Sable and Taurus; it closed in October 2006.

Jacoby will redevelop the 122-acre site, adjacent to Hartsfield-Jackson Atlanta International Airport, into an “aerotropolis”, an aviation-intensive business district that is expected to include office, retail, restaurant, hotel and airport parking.

“This is a unique property with great development potential,” said Jay Gardner, director, Real Estate, Ford Land. “We are delighted we were able to engage all of the stakeholders – the cities, counties, airport and FAA – and select a buyer able to deliver a viable and exciting development. We are confident Jacoby’s project will serve the community well.”