W
alton Global, a company based in Arizona, recently purchased a plot of land in South Fulton County covering an area of 327 acres for residential development. The site is located along Cascade Palmetto Highway, approximately seven miles away from West Fulton Commerce Park and about 25 miles southwest of Downtown Atlanta. This acquisition is part of a multi-phase residential development project named "Cascade".

    This move comes after Walton Global's recent sale of 200 acres in Athens-Clarke County to homebuilder D.R. Horton, who aims to construct over 800 homes and multifamily units on the site by 2028. South Fulton County has experienced significant industrial and commercial growth in recent years, particularly along the Fulton Industrial Boulevard corridor. This growth is driving demand for housing to accommodate the increasing workforce. The area's proximity to Atlanta's airport and its growing industrial base makes it an attractive target for residential and commercial developers.

    Walton Global has been quite active this year, closing on 140 acres of land north of Fort Worth as part of a $122 million fund launched in 2022 that funded 14 tract acquisitions. Not all land deals in South Fulton are tied to housing demand; data centers, which require large land tracts but create few permanent jobs, have been increasingly popping up in the area. For instance, EdgeConnex recently purchased land in Union City for $318.5 million to build a data center for Microsoft. With an estimated $5 billion to $6 billion in data center development planned for the area, including projects in nearby Fairburn and Palmetto, South Fulton is balancing industrial expansion and the need for housing.

    Walton Global's investment in Cascade could be crucial for meeting future residential needs as South Fulton continues to grow as a hub for industry and technology.