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Home Depot outlines $114 million Cobb County campus expansion, including daycare enlargement
Summary
At the Oct. 16 Cobb County School Board work session, the Development Authority and Home Depot presented a $114 million campus investment expected to create about 250 jobs and expand the on-site Little Apron daycare; presenters asked for the board's support for an inducement resolution and said traffic and security plans are in place.
The Cobb County School Board heard a presentation on Oct. 16 from the Cobb County Development Authority and Home Depot about a proposed $114,000,000 investment to expand Home Depot's campus in Cobb County.
Nelson Jeter, executive director of the Cobb County Development Authority, said the project would create roughly 250 jobs at an average salary in the mid-$70,000s and that the fiscal materials provided to the board showed a modest positive net present value. "This is a project that Home Depot is bringing forth. It's a $114,000,000 investment that will create, 250 jobs at an average salary of $75,000'$76,000 per year," Jeter said.
Representatives from Home Depot and Ernst & Young asked for the board's support of an inducement resolution and described several campus improvements: an additional parking lot, renovations and retrofitting of campus buildings, and an expansion of the on-site Little Apron daycare center.
Vash Patel, introduced as a Home Depot representative, said the daycare expansion is intended to support employees returning to on-site work and to provide childcare access for the company's workforce. "This facility will provide high quality education to employees' children and will allow mothers and fathers to maintain high quality jobs at Home Depot," Patel said.
Rose Burden of Ernst & Young provided community-impact figures supplied by Home Depot, including statewide economic contributions and volunteer hours; she closed by inviting board questions.
Board members raised traffic and student-safety concerns near nearby Teasley Elementary School and asked how Home Depot planned to coordinate arrival and dismissal times. Patel said Home Depot partners with the Cobb County Sheriff's Department for traffic control during school arrival and dismissal and that planned campus improvements aim to alleviate congestion. "Our security team works very heavily with the Cobb County police departments to make sure that we don't have any issues around our campuses," Patel said.
No formal board action was required at the work session; presenters asked for the board's inducement-resolution support and offered to answer follow-up questions from staff. The presentation materials, including the fiscal-impact analysis, were placed in the board packet for further review, and the Development Authority and company representatives said they would continue coordination with district staff about potential impacts on nearby schools and traffic patterns.
