As originally published by The Daily Chronicle.

During the past three years, record investment has generated epic volumes of development in DeKalb County.

From 1987-2019, the DeKalb County Economic Development Corporation’s public and private partnerships have contributed to attract $2 billion of investment in the development of 10.8 million square feet of industrial space for the area.

During the past three years alone, DeKalb County attracted $1.9 billion of investment in the development of 7.1 million square feet of space.

More than $830 million was invested to develop 2,060,068 square feet of new construction, acquisition, leasing, and renovation projects during 2022…

Phoenix Investors acquired the 1900 Pleasant Street former General Electric building in DeKalb. The company is a leader in the acquisition, development, renovation, and repositioning of industrial facilities throughout the United States. Phoenix will focus on renovating and leasing space in the 265,000-square-foot complex located along Peace Road…

DeKalb County’s dramatic growth has produced a pipeline of development projects amounting to another $1 billion of investment in more than 2 million square feet of development, together with the pending development of 6,000 acres of solar energy farms.

This prolific development is greatly expanding the tax base and reducing tax rates.

Read the full article here.

Frank P. Crivello is a Milwaukee-based developer and Chairman & Founder of Phoenix Investors.