Organic Capital Fund LLC (OCF), an Atlanta based investment fund, has closed on the former Bayer Crop Science property in Woodbine. The site - which is adjacent to the proposed Spaceport Camden site - is being marketed as Kings Bay Research Campus in an effort to attract technology firms serving the aerospace industry, Naval Submarine Base Kings Bay, and Camden business community. The new owner has applied to enter the property into the Georgia Brownfields Program as part of the restoration of the site.
“The OCF vision is to create the next “Huntsville”, (Alabama) right here in Camden County,” said David Cole, NAI Brannen Goddard LLC, the commercial real estate brokerage firm selected to represent the property. “With approximately 766 acres of previously developed upland, existing infrastructure and proximity to the Naval Submarine Base Kings Bay the site is ideal for Department of Defense contractors, aerospace manufacturing, Solar and Bio Tech R&D. The proximity to the marsh and wetlands will provide access for oceanographic, atmospheric and environmental research. The Kings Bay Research Campus will create internships, research studies, and jobs to retain our university graduates. This project is aligned with Lt. Governor Geoff Duncan’s initiative to establish the state as a national leader in technology research, development and implementation to Georgia. We are grateful to Bayer Crop Science for working with us to make this project possible.”
“David Cole first approached Camden County with his vision more than two years ago, while not affiliated with Spaceport Camden, the project piqued his interest in our community and he shares our vision for the future of county,” said Gary Blount, Chairman of the Board of County Commissioners.
“Between the Jacoby redevelopment of the former Durango Paper Mill site, the county’s plan for Spaceport Camden and Organic Capital’s restoration of the former Bayer site thousands of acres of challenged property in our community are being put back to constructive use,” added Blount.