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Documents reveal $42 billion bond is for another data center at Stanton Springs

More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Documents reveal $42 billion bond is for another data center at Stanton Springs Industry in play remains unnamed; deal similar to Facebook’s Newton Data Center in 2018 Social media giant Facebook picked Stanton Springs to build a data center in 2018. A $42 billion deal to bring another data center to the industrial park is currently in the works. An announcement of who the data center is for is expected to be announced once the deal is finalized later this month. (File | The Covington News)

What s next for Joint Development Authority?

More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. What s next for Joint Development Authority? Officials share excitement for future in wake of Stanton Springs nearing capacity MADISON, Ga. With local industrial park Stanton Springs soon to be near max capacity, what’s next for the Joint Development Authority of Jasper, Morgan, Newton and Walton counties? The JDA approved a $42 billion bond issue and a purchase and sale agreement during its Tuesday, Feb. 23, meeting in Madison for a company named Baymare.  As part of the deal, the JDA agreed to sell more than 620 acres of land within Stanton Springs, which Shane Short, executive director of the Development Authority of Walton County and lead economic development director for the JDA, said would essentially fill out the remainder of the industrial park.

Area primed for growth in economy

More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Area primed for growth in economy Stanton Springs entrance is shown as it appeared in 2018. - photo by Jackie Gutknecht MADISON, Ga. Four area counties are poised to see good economic news over the next few months. Representatives of the four counties that make up the Joint Development Authority that owns Stanton Springs all had good news to share at their monthly meeting Tuesday. “We’ve seen quite a lot of interest recently,” Serra Hall, senior project manager of the Newton County Industrial Development Authority, said.

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