Columbia Metropolitan Airport (CAE) selects Magnus to develop 500 acres of commercial and industrial property
January 21, 2020
Magnus Development Partners has been chosen as the Master Developer for Columbia Metropolitan Airport’s surrounding property. Magnus will work with CAE to determine the highest and best use for each property and create supporting development plans for the available land parcels. Each parcel offers unique features based on its size, configuration, location, and zoning therefore catering to different business and project needs.
The strategic location of the property brings the potential for multiple types of developments including industrial, aviation, flex, hotel and commercial developments. The property also has the advantage of being in close proximity to both I-26 and I-77, providing easy access for transporting goods and services.
“Airports throughout the country continue to provide an economic catalyst to create new development throughout the region,” said Kevin Werner, a partner with Magnus Development. “CAE’s continued growth, coupled with its strategic location in the Midlands, will help us develop new projects to expand the local tax base and create new jobs for the region”.
Magnus’ vast experience developing and constructing new class “A” buildings, allows them to be confident they will secure a mix of tenants and owners that will reshape the highway 302 corridor. “For decades, this has been the region’s most underutilized corridor”, added Mike Gula, CAE Executive Director. “We look forward to working with Magnus to develop a strategic plan that will allow this submarket to flourish by attracting a broad range of new businesses”.
About the Columbia Metropolitan Airport
Now providing nonstop service to eight major cities and nine airports including Atlanta, Charlotte, Chicago, Dallas/Fort Worth, Miami, New York City (LGA), Philadelphia and Washington, D.C. (Dulles and Reagan National). Columbia Metropolitan Airport (CAE) continues to be a major economic driver for the Midlands region. Welcoming over 1.3 million passengers in 2019, CAE is served by American Airlines, Delta Air Lines and United Airlines and is a regional cargo hub for UPS and FedEx. For more information, please visit www.flycae.com.
About Magnus Development Partners:
Magnus Development Partners is a commercial real estate development company delivering building solutions for our clients. Representing over 50 years of experience, our principals have one goal: to provide unparalleled value resulting in lower risk, hassle, and cost for our customers. For more information, call 803-834-6610 or visit magnusdev.com
