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Dutch, Japanese Companies To Develop Atlanta Tradeport

September 25, 1987

ATLANTA (AP) _ A Dutch company and two Japanese firms have announced plans to develop a 260-acre free trade zone near Atlanta’s Hartsfield International Airport.

The $300 million development, to be called the Atlanta Tradeport, will have 3.5 million square feet of office, warehouse and hotel space for businesses and is to be completed by 1994, officials said Thursday.

The companies are Wilma Southeast Inc., Mitsui & Co. and the Shimizo Land Corp.

Part of the complex already is under construction.

In a free trade zone, tenants may bring in imported goods and not pay duty on them until they enter the marketplace.

Skip Beebe of Wilma Southeast said the development could provide 10,000 jobs.

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