A warehouse with no tenant yet is going up on Ronald Reagan Boulevard

The county rezoned the 7.93-acre site for industrial use a year ago. The building permit was issued Oct. 2, and the leasing listing says the space will be ready Feb. 1, 2027.

FORSYTH COUNTY, Ga. — A 96,301-square-foot warehouse is under construction at 2340 Ronald Reagan Blvd., and no tenant has been announced. The county's building permit, issued Oct. 2, describes it as "a speculative 96,301 SF building", one built before a tenant has signed (building permit BLDGCOMM-26-0488). Its LoopNet listing offers from 17,820 square feet up to the whole building, available Feb. 1, 2027 (LoopNet listing).

What is being built

The building

The permit describes one building with a concrete foundation, concrete tilt-up wall panels and a steel roof structure, under the project name "2340 Ronald Reagan Blvd Distribution Center" (building permit). The listing gives a 32-foot clear height, 25 exterior dock doors, three drive-in bays and a 110-foot truck court (LoopNet listing). CapRidge Partners, which lists the project in its industrial portfolio, describes a rear-load building with 28 loading positions and a 165-foot depth (CapRidge Partners).

Who is behind it

The rezoning application was filed by Oakley Capital Partners, LLC, of Atlanta, represented by attorney Ethan Underwood of Underwood Scoggins (rezoning record ZA4244). The listing names Oakley Real Estate Partners as the leasing contact (LoopNet listing). The county records we read do not mention CapRidge.

Who it is for

The listing offers one space of 17,820 square feet up to the full building, on leases of one to 10 years, with rent "upon request" (LoopNet listing). CapRidge says the building can take one to four tenants and is aimed at local distribution, light manufacturing, e-commerce fulfillment, building supply and equipment service users (CapRidge Partners). In August 2025 the applicant told neighbors it expected rent of about $12 to $13 a square foot (public participation report, ZA4244).

How it got here

2015 to 2020: County sign records list home builders' ground signs at 2340 Ronald Reagan Blvd., advertising nearby subdivisions: Blackstone & Dogwood in 2015, Wynbrook in 2017, Village at Herrington in 2019 and Taylor Morrison's Hadley Estates in 2020 (county records for the address).
July 3, 2025: Oakley Capital Partners applied to rezone 7.93 acres at 2330 and 2340 Ronald Reagan Blvd. from Agricultural (A1) to Restricted Industrial (M1) for a 95,280-square-foot warehouse with 117 parking spaces (staff report, ZA4244).
Aug. 11, 2025: The applicant held the required public participation meeting at the Cumming library. Three people signed in (public participation report).
Sept. 2025: County planning staff said they were "supportive without the variances" (staff report). On Sept. 16 the Planning Commission voted unanimously to recommend approval with both variances (Planning Commission recommendation).
Oct. 16, 2025: The Board of Commissioners approved the rezoning, both variances and 21 conditions, 5-0. Commissioner Laura Semanson, whose District 5 includes the site, made the motion and Chairman Alfred John seconded it. No one in the audience spoke (minutes, Oct. 16, 2025, pages 28 to 31).
May 12, 2026: The county approved the site development plan (site plan SD250117). County inspectors filed 20 site field reports from July 1 to Oct. 19 (county records for the address).
Oct. 2, 2026: The building permit was issued. A concrete slab inspection on Oct. 21 was recorded as a partial pass (county records for the address).

What the two variances do

Both apply only where the site meets existing easements. One cuts the zoning buffer along the southern boundary from 20 feet to zero, and the other cuts the landscape strip along the southern and western boundaries from 6 feet to zero (Board decision letter, ZA4244). The applicant told neighbors that a large Atlanta Natural Gas easement runs along that southern boundary (public participation report).

What the neighbors asked

The applicant's report lists 15 questions raised at the August 2025 meeting, five of them from the private school next door, Fideles Christian School (school website), which the report calls Fidelis Christian Academy. Its answers to the main ones (public participation report):

Noise and safety: the applicant said the truck pad would not face the school, the building's office end would sit between the trucks and the school, and the building would sit about 10 feet below the school's boundary, with a retaining wall to block headlights.
Shared parking: the school asked; the applicant declined, citing liability with commercial trucks on the site.
Flooding: the applicant said stormwater rules would require it to infiltrate the first inch of rain and release water no faster than before construction, with underground detention.
Traffic: see below.
Hours: the applicant said it was not requesting round-the-clock operation.
Timeline: the applicant said construction would take about 12 months after a land disturbance permit was issued.
Sewer: the school asked whether sewer service could reach its property; the applicant said it was assessing the request.

Two of the board's conditions are for the school, which they call Fidelis Christian School: the developer must install a sewer manhole near the northern boundary for its benefit, and send it a copy of any hydrology study filed with the county (Board decision letter).

Trucks on Ronald Reagan Boulevard

The county's engineering review classified Ronald Reagan Boulevard as a minor arterial. It said no traffic study would be required unless the recommended improvements were left out of the construction plans (staff report). We found no estimate of truck trips in the county records. The applicant told neighbors it expects trucks to arrive from the north, by way of Exit 14 or Pendley Road, and leave to the south. It said it had tried to connect to the traffic signal at Ronald Reagan Boulevard and Old Atlanta Road but could not acquire the property, so access to that signal is "unlikely" (public participation report). One of the board's conditions says "no overnight stays are allowed in the development" (Board decision letter).

Other conditions

Among the 21 conditions (Board decision letter):

Outdoor lights no taller than 25 feet, with full cutoff fixtures.
Neutral or earth-tone exterior colors, and techniques such as offsets, varied materials or faux windows to break up the building's "monolithic appearance."
The district commissioner must approve the landscape design, architecture and building materials before a land disturbance permit is issued.
No gabion retaining walls; walls visible from Ronald Reagan Parkway must be faced with stone or brick.
No billboards, temporary signs or electronic message boards.
A list of banned uses that includes gas stations, convenience stores, open storage yards, recycling facilities, junk yards, wrecker services and explosives storage.

Disclosures on the record

The county's speaker form, citing Georgia law and the county's code of ethics, asks anyone speaking at a rezoning hearing to disclose campaign contributions of $100 or more to county elected officials in the two years before it. On the Planning Commission speaker form, Underwood listed contributions of $1,500 to Chairman John and $500 to Commissioner Semanson (speaker sign-in sheet, ZA4244). On the county's conflict-of-interest form for the application, every line for the five commissioners and five planning commissioners is marked "no" for both property and financial interest (conflict of interest form, ZA4244).

What is not yet clear: No tenant has been announced. The county did not require a traffic study, and we found no count of expected truck trips. The rezoning was for a 95,280-square-foot building on 7.93 acres, while the permit and listing say 96,301 square feet and the listing says 8.51 acres; the records we read do not explain the difference. A permit for three retaining walls has been in revision review since June, and a dumpster enclosure permit is in review. The county records we read do not say how CapRidge Partners and the Oakley companies are related. This page reflects county records, the listing and CapRidge's page as we read them on Oct. 26, 2026.

Sources

Written by the site's AI reporting agent from the sources listed on this page, and read and approved by the editor before publication.