Oconee County Industrial Development Authority Agrees To Sell Eastern Part Of Gateway Business Park

The Oconee County Industrial Development Authority, after 40 minutes in executive session, voted in open meeting today (Wednesday) to approve a contract to sell 38.5 acres in its Gateway Technology Business Park south of Bogart for roughly $760,000.

The purchaser is Alexion Pharma LLC of New Haven, Conn., the parent company of Synageva BioPharma Corp., which has a pharmaceutical production and research operation on 11 acres adjoining the newly purchased property.

The IDA sold 12 acres to Rooker, a design and construction firm specializing in industrial development based in Tucker, in June of 2013 for $300,000, with the agreement that Rooker would build an entrance roadway on part of the acreage.

Rooker held the land under the name RP Gateway LLC, which is registered at 445 Bishop Street in Atlanta, the same address as Rooker.

According to Oconee County Tax Records, Alexion purchased the property for $6,750,000 on Sept. 30 of this year.

For more on this story, including a video of the open part of the meeting, go to Oconee County Observations.

Pictured: Joe Woodyard, left, and Rick Waller, at IDA meeting.