Three years ago, NextSite partnered with these Southeast utility companies to work with communities throughout their respective states. Over the past 36 months, NextSite has successfully connected over 15 million square feet of projects to developers, tenant reps and property owners in these utility footprints. These projects have included retail, hospitality, multi-family, healthcare, senior housing or some combination thereof.
NextSite’s current Utility Partners include Southern Company Operating Companies – Georgia Power, Mississippi Power and NextEra Energy’s Operating Company Gulf Power.
Million Square Feet
Billion Capital Investment
Projected Full-Time Employment
These utility companies partnered with NextSite to become more actively involved in commercial development recruitment. NextSite’s focus on behalf of our utility partners is a thorough understanding of the market analysis and proactive recruitment opportunities within each community including retail, mixed-use, multi-family, senior housing, hospitality and workforce/middle-market housing. Through the NextSite partnership, each utility partner has negotiated and subsidized a more cost-effective engagement solution for its respective communities.
Through this initiative, the local community impact is commercial development growth, new jobs and additional tax revenue. The partner utility gets the benefit of a more prosperous community as well as new revenues from the sale of kilowatt hours and complementary products and services.